Mexico is a federal republic in the southern half of North America. Mexico has the fifteenth largest nominal GDP and the eleventh largest by purchasing power parity. The Mexican economy is strongly linked to those of its North American Free Trade Agreement (NAFTA) partners, especially the United States. [1] [2] Mexico was the first Latin American member of the Organisation for Economic Co-operation and Development (OECD), joining in 1994. It is classified as an upper-middle income country by the World Bank [3] and a newly industrialized country by several analysts. [4] [5] [6] [7] By 2050, Mexico could become the world's fifth or seventh largest economy. [8] [9] The country is considered both a regional power and middle power, [10] [11] [12] [13] and is often identified as an emerging global power. [14] Mexico is a member of the United Nations, the World Trade Organization, the G8+5, the G20, the Uniting for Consensus and the Pacific Alliance.
For further information on the types of business entities in this country and their abbreviations, see "Business entities in México".
This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before March 31, 2017. [15] Only the top five firms (if available) are included as a sample.
Rank | Image | Name | 2016 Revenues (USD $M) | Employees | Notes |
---|---|---|---|---|---|
152 | Pemex | $57,774 | 125,689 | State-owned oil and gas entity controlling much of the Mexican market. The firm was created through the nationalization of all foreign oil companies in Mexico in 1938 and governs oil exploration, extraction, refining, and commercialization in the country. | |
176 | América Móvil | $52,201 | 194,193 | Global mobile telecommunications firm with 289 million subscribers, making it one of the largest in the world. Notable subsidiaries include Claro, Telmex, NET, Embratel, Telcel, TracFone Wireless, and Page Plus Cellular. |
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
Aeroméxico Connect | Consumer services | Airlines | Monterrey | 1988 | Regional airline, part of Aeroméxico | P | A |
Aeroméxico | Consumer services | Airlines | Mexico City | 1988 | Airline | P | A |
Aeromexpress | Industrials | Delivery services | Mexico City | 1990 | Cargo airline, part of Aeroméxico | P | A |
AeroUnion | Industrials | Delivery services | Mexico City | 1998 | Cargo airline; shipping | P | A |
Ah Cacao Real Chocolate | Consumer goods | Food products | Playa del Carmen | 2003 | Confectionery | P | A |
ALFA | Conglomerates | - | Monterrey | 1974 | Food & beverage, industrials, oil & gas, (BMV: ALFA ) | P | A |
Alpek | Oil & gas | Exploration & production | Monterrey | 1975 | Petrochemical, part of ALFA | P | A |
Alpura | Consumer goods | Food products | Mexico City | 1973 | Dairy products | P | A |
Altos Hornos de México | Basic materials | Iron & steel | Monclova | 1942 | Steel, (BMV: AHMSA ) | P | A |
América Móvil | Telecommunications | Mobile telecommunications | Mexico City | 2000 | Mobile network, (BMV: AMX ) | P | A |
Arca Continental | Consumer goods | Soft drinks | Monterrey | 2001 | Bottling, (BMV: CONTAL ) | P | A |
Argos Comunicación | Consumer services | Broadcasting & entertainment | Mexico City | 1992 | Film production | P | A |
AT&T Mexico | Telecommunications | Mobile telecommunications | Mexico City | 2015 | Wireless, part of AT&T (US) | P | A |
Atletica | Consumer goods | Clothing & accessories | San Miguel el Alto | 1995 | Sportswear | P | A |
Aurrerá | Consumer services | Broadline retailers | Mexico City | 1958 | Defunct, acquired by Wal-Mart (USA) | P | D |
Autobuses de Oriente (ADO) | Consumer services | Travel & tourism | Mexico City | 1939 | Bus lines | P | A |
Aviacsa | Consumer services | Airlines | Mexico City | 1990 | Airline, defunct 2011 | P | D |
Avolar | Consumer services | Airlines | Tijuana | 2005 | Airline, defunct 2008 | P | D |
Azteca | Consumer services | Broadcasting & entertainment | Mexico City | 1993 | Television, part of Grupo Salinas | P | A |
Bachoco | Consumer goods | Food products | Celaya [16] | 1965 | Poultry, (BMV: BACHOCO ) | P | A |
Banco Azteca | Financials | Banks | Mexico City | 2002 | Bank, part of Grupo Salinas | P | A |
Banco Santander (Mexico) | Financials | Banks | Mexico City | 1991 | Part of Banco Santander (Spain) | P | A |
Bancomext | Financials | Banks | Mexico City | 1937 | State bank | S | A |
Banorte | Financials | Banks | Monterrey | 1899 | Bank, (BMV: GFNORTE ) | P | A |
BanRegio | Financials | Banks | Monterrey | 1994 | Bank | P | A |
Barcel | Consumer goods | Food products | Lerma | 1950 | Part of Grupo Bimbo | P | A |
BBVA Bancomer | Financials | Banks | Mexico City | 1932 | Part of BBVA (Spain) | P | A |
Benedetti's Pizza | Consumer services | Restaurants & bars | Colima City | 1983 | Fast food | P | A |
Cablemás | Telecommunications | Fixed line telecommunications | Mexico City | 1968 | Cable | P | D |
Calimax | Consumer services | Food retailers & wholesalers | Tijuana | 1939 | Grocery | P | A |
Camino Real | Consumer services | Hotels | Mexico City | 1958 | Hotels and resorts | P | A |
Canel's | Consumer goods | Food products | San Luis Potosí | 1925 | Confectionery | P | A |
Carso Global Telecom | Telecommunications | Fixed line telecommunications | Mexico City | 1996 | Telecommunications (BMV: TELECOM ) | P | A |
Casa Ley | Consumer services | Food retailers & wholesalers | Culiacan | 1954 | Part of Albertsons Companies, Inc. (USA) | P | A |
Cemento Cruz Azul | Industrials | Building materials & fixtures | Mexico City | 1881 | Cement | P | A |
Cemex | Industrials | Building materials & fixtures | Monterrey | 1906 | Construction, materials, engineering | P | A |
Charly | Consumer goods | Clothing & accessories | León, Guanajuato | 1949 | Sportswear | P | A |
Chedraui | Consumer services | Food retailers & wholesalers | Mexico City | 1927 | Grocery | P | A |
Cinemex | Consumer services | Recreational services | Mexico City | 1993 | Owned by Onex Corporation (Canada), Oaktree Capital Management (USA) | P | A |
Cinépolis | Consumer services | Recreational services | Morelia | 1947 | Theaters | P | A |
City Club | Consumer services | Broadline retailers | Monterrey | 2002 | Wholesale club | P | A |
Comercial Mexicana | Consumer services | Food retailers & wholesalers | Mexico City | 1930 | Grocery, defunct 2018 | P | D |
Comex Group | Industrials | Construction & materials | Mexico City | 1959 | Paint, owned by PPG Industries | P | A |
Comisión Federal de Electricidad | Utilities | Electricity | Mexico City | 1937 | State-owned energy | S | A |
Consejo Mundial de Lucha Libre | Consumer services | Recreational services | Mexico City | 1933 | Wrestling | P | A |
Consorcio ARA | Industrials | Heavy construction | Mexico City | 1977 | Construction (BMV: ARA ) | P | A |
Coppel | Consumer services | Department stores | Culiacán | 1941 | Retail | P | A |
Correos de México | Industrials | Delivery services | Mexico City | 1580 | Postal services | S | A |
Cuauhtémoc Moctezuma Brewery | Consumer goods | Brewers | Monterrey | 1890 | Part of Heineken International (Netherlands) | P | A |
Cervecería Baja California | Consumer goods | Brewers | Mexicali | 2002 | Brewery | P | A |
DINA S.A. | Industrials | Commercial vehicles & trucks | Ciudad Sahagún | 1951 | Buses, trucks, parts, military vehicles | P | A |
El Palacio de Hierro | Consumer services | Restaurants & bars | Mexico City | 1850 | Stores and restaurants (BMV: GPH ) | P | A |
Estafeta Carga Aérea | Industrials | Delivery services | Mexico City | 2000 | Cargo airline; shipping | P | A |
Expansión | Consumer services | Publishing | Mexico City | 1966 | Part of Time Inc. (US) | P | A |
Falco Electronics | Consumer goods | Consumer electronics | Mérida | 1991 | Electronics, electronic parts | P | A |
Farmacias Benavides | Consumer services | Drug retailers | Monterrey | 1971 | Pharmacies (BMV: BEVIDES ) | P | A |
FEMSA | Consumer goods | Soft drinks | Monterrey | 1974 | Beverages (BMV: FEMSA ) | P | A |
Ferrocarriles Nacionales de México | Industrials | Railroads | Mexico City | 1903 | Railway, defunct 2001 | P | D |
Fondo de Cultura Económica | Consumer services | Publishing | Mexico City | 1934 | Publishing | P | A |
Gamesa | Consumer goods | Soft drinks | San Nicolás de los Garza | 1921 | Part of PepsiCo (USA) | P | A |
Gorditas Doña Tota | Consumer services | Retail | Monterrey [17] | 1952 | Restaurant chain, part of FEMSA | P | A |
Gruma | Consumer goods | Food & beverage | Monterrey | 1949 | Tortillas (BMV: GRUMA ) | P | A |
Grupo Aeroportuario del Sureste | Industrials | Transportation services | Mexico City | 1998 | Airport (BMV: ASUR ) | P | A |
Grupo Anderson's | Consumer services | Restaurants & bars | Cancún | 1963 | Restaurants | P | A |
Grupo BAL | Conglomerates | - | Mexico City | - | Energy, metallurgy, finance, insurance | P | A |
Grupo Bimbo | Consumer goods | Food products | Mexico City | 1945 | Food conglomerate (BMV: BIMBO ) | P | A |
Grupo Carso | Conglomerates | - | Mexico City | 1990 | Industrials, media, retail, telecom (BMV: GCARSO ) | P | A |
Grupo CIE | Consumer services | Broadcasting & entertainment | Mexico City | 1990 | Entertainment (BMV: CIE ) | P | A |
Grupo Elektra | Financials | Consumer finance | Mexico City | 1950 | Financial services (BMV: ELEKTRA ) | P | A |
Grupo Famsa | Consumer services | Broadline retailers | Monterrey | 1970 | Retail | P | A |
Grupo Financiero Banamex | Financials | Banks | Mexico City | 1884 | Part of Citigroup (US) | P | A |
Grupo Lala | Consumer goods | Food products | Gómez Palacio | 1950 | Dairy | P | A |
Grupo México | Basic materials | General mining | Mexico City | 1978 | Mining, (BMV: GMEXICO ) | P | A |
Grupo Modelo | Consumer goods | Brewers | Mexico City | 1992 | Part Anheuser-Busch InBev (Belgium) | P | A |
Grupo Omnilife | Consumer goods | Personal products | Guadalajara | 1991 | Nutrition and skin care | P | A |
Grupo Posadas | Consumer services | Travel & tourism | Mexico City | 1967 | Tourism (BMV: POSADAS ) | P | A |
Grupo Reforma | Consumer services | Publishing | Monterrey | 1922 | Publishing | P | A |
Grupo Salinas / Grupo Azteca | Conglomerates | - | Monterrey | 1906 | Media, financials, telecommunications | P | A |
Grupo Sanborns | Consumer services | Broadline retailers | Mexico City | 1903 | Retail (BMV: GSANBOR ) | P | A |
HSBC Mexico | Financials | Banks | Mexico City | 1941 | Part of HSBC (UK) | P | A |
Hydra Technologies | Consumer goods | Automobiles | Zapopan [18] | ? | Aircraft, UAV | P | A |
Banco Inbursa | Financials | Banks | Mexico City | 1992 | Bank (BMV: GFINBUR ) | P | A |
Interjet | Consumer services | Airlines | Mexico City | 2005 | Airline | P | A |
Italika | Consumer goods | Automobiles | Toluca | 2005 | Motorcycles, ATV | P | A |
Jarritos | Consumer goods | Soft drinks | Guadalajara | 1950 | Beverage | P | A |
Jose Cuervo | Consumer goods | Alcoholic drinks | Tequila | 1795 | Beverage | P | A |
Jumex | Consumer goods | Soft drinks | Ecatepec de Morelos | 1961 | Beverage | P | A |
Kyoto Electronics | Consumer goods | Consumer electronics | Mexico City | 2009 | Consumer electronics | P | A |
La Comer | Consumer services | Food retailers & wholesalers | Mexico City | 1944 | Grocery | P | A |
La Costeña | Consumer goods | Food products | Mexico City | 1923 | Canned food | P | A |
Lanix | Consumer goods | Consumer electronics | Hermosillo | 1990 | Electronics | P | A |
Liverpool | Consumer services | Broadline retailers | Mexico City | 1847 | Department stores (BMV: LIVEPOL ) | P | A |
Lucha Libre AAA World Wide | Consumer services | Recreational services | Mexico City | 1992 | Wrestling promotion | P | A |
Mabe | Consumer goods | Durable household products | Mexico City | 1946 | Appliances | P | A |
Mastretta | Consumer goods | Automobiles | Mexico City | 1987 | Automobiles | P | A |
Mayordomo | Consumer goods | Food products | Oaxaca City | 1956 | Confectionery | P | A |
Meebox | Consumer goods | Consumer electronics | Guadalajara | 2009 | Consumer/commercial electronics | P | A |
Mexicana de Aviación | Consumer services | Airlines | Mexico City | 1923 | Airline, defunct 2010 | P | D |
MexicanaClick | Consumer services | Airlines | Mexico City | 2005 | Airline, defunct 2010 | P | D |
Mexico City Metrobús | Consumer services | Travel & tourism | Mexico City | 2005 | State-owned bus line | S | A |
MVS Comunicaciones | Consumer services | Broadcasting & entertainment | Mexico City | 1967 | Radio and television | P | A |
Ocesa Teatro | Consumer services | Recreational services | Mexico City | 1997 | Theater, part of Grupo CIE | P | A |
Orbia | Oil & gas | Exploration & production | Tlalnepantla de Baz | 1953 | Petrochemical (BMV: MEXCHEM ) | P | A |
OXXO | Consumer services | Food retailers & wholesalers | Monterrey | 1977 | Grocery, part of FEMSA | P | A |
Paletería La Michoacana | Consumer services | Restaurants & bars | Mexico City | 1940 | Ice cream parlor chain | P | A |
Panam | Consumer goods | Clothing & accessories | Mexico City | 1962 | Footwear | P | A |
Pascual Boing | Consumer goods | Soft drinks | Mexico City | 1940 | Beverage | P | A |
Pemex | Oil & gas | Exploration & production | Mexico City | 1938 | State-owned petroleum | S | A |
Peñoles | Basic materials | General mining | Mexico City | 1887 | Mining (BMV: PENOLES ) | P | A |
Restaurante Arroyo | Consumer services | Restaurants & bars | Mexico City | 1940 | Restaurants | P | A |
Sabritas | Consumer goods | Soft drinks | Mexico City | 1943 | Part of PepsiCo (US) | P | A |
Satmex | Telecommunications | Fixed line telecommunications | Mexico City | 1997 | Communications, defunct 2014 | P | D |
Sauza Tequila | Consumer goods | Food products | Guadalajara | 1873 | Part of Suntory (Japan) | P | A |
Selther | Consumer goods | Clothing & accessories | Monterrey | 1970 | Bedding, textiles | P | A |
Semex | Consumer goods | Consumer electronics | Mexico City | 1997 | Consumer electronics, part of Sharp Corporation (Japan) | P | A |
Señor Frog's | Consumer services | Restaurants & bars | Mexico City | 1989 | Restaurants | P | A |
Sigma Alimentos | Consumer goods | Food products | Monterrey | 1980 | Food | P | A |
Softtek | Technology | Software | Monterrey | 1982 | Software, IT solutions | P | A |
Soriana | Consumer services | Food retailers & wholesalers | Monterrey | 1968 | Grocery (BMV: SORIANA ) | P | A |
TAESA Lineas Aéreas | Consumer services | Airlines | Monterrey | 1988 | Airline, defunct 2000 | P | D |
Televisa | Consumer services | Broadcasting & entertainment | Mexico City | 1973 | Mass media (BMV: TLEVISA ) | P | A |
Telmex | Telecommunications | Fixed line telecommunications | Mexico City | 1947 | Fixed line, part of América Móvil (BMV: TELMEX ) | P | A |
Tequila Herradura | Consumer goods | Food products | Amatitán | 1870 | Part of Brown-Forman (US) | P | A |
Cerveza Tijuana | Consumer goods | Brewers | Tijuana | 2000 | Brewery | P | A |
Urbi | Industrials | Heavy construction | Mexicali | 1981 | Construction, real estate | P | A |
Videxport | Consumer goods | Food products | Hermosillo | 1975 | Fruits and nuts | P | A |
VivaAerobús | Consumer services | Airlines | Mexico City | 2006 | Airline | P | A |
Volaris | Consumer services | Airlines | Mexico City | 2004 | Airline | P | A |
Zonda Telecom | Consumer goods | Consumer electronics | Guadalajara | 1968 | Electronics, mobile telephones | P | A |
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