List of companies of Mexico explained

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".

Largest firms

See also: List of largest Mexican companies. 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.

RankImageName2016 Revenues (USD $M)EmployeesNotes
152Pemex$57,774125,689State-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.
176América Móvil$52,201194,193Global 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.

Notable firms

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.

See also

Notes and References

  1. Web site: Mexico (05/09) . US Department of State . June 25, 2012 . July 17, 2013.
  2. Web site: CRS Report for Congress . Congressional Research Service . November 4, 2008 . July 17, 2013.
  3. Web site: Country and Lending Groups . World Bank . March 5, 2011 . Uppermiddle Income defined as a per capita income between $3,976 – $12,275 . dead . https://web.archive.org/web/20110318125456/http://data.worldbank.org/about/country-classifications/country-and-lending-groups . March 18, 2011 .
  4. Book: Globalization and the Transformation of Foreign Economic Policy. Paweł Bożyk. Newly Industrialized Countries. Ashgate Publishing. 2006. 0-7546-4638-6. 164.
  5. Book: The Limits of Convergence. Mauro F. Guillén. Mauro F. Guillén. Multinationals, Ideology, and Organized Labor. 126 (table 5.1). Princeton University Press. 2003. 0-691-11633-4.
  6. Book: Geography, An Integrated Approach. David Waugh. Manufacturing industries (chapter 19), World development (chapter 22). 563, 576–579, 633, and 640. Nelson Thornes. 3rd . 2000. 0-17-444706-X.
  7. Book: Principles of Economics. N. Gregory Mankiw. 4th. 2007. 978-0-324-22472-6. Thomson/South-Western. Mason, Ohio.
  8. Web site: Mexico 2050: The World's Fifth Largest Economy . March 17, 2010 . July 12, 2013 . July 25, 2013 . https://web.archive.org/web/20130725190856/http://thecatalist.org/2010/03/mexico-2050-the-world%C2%B4s-fifth-largest-economy/ . dead .
  9. Web site: World in 2050 – The BRICs and beyond: prospects, challenges and opportunities . PwC Economics . July 17, 2013 . dead . https://web.archive.org/web/20130222040853/http://www.pwc.com/en_GX/gx/world-2050/assets/pwc-world-in-2050-report-january-2013.pdf . February 22, 2013 .
  10. Web site: James Scott. Matthias vom Hau. David Hulme. Beyond the BICs: Strategies of influence. The University of Manchester. April 11, 2012. https://web.archive.org/web/20170525012832/https://www.escholar.manchester.ac.uk/api/datastream?publicationPid=uk-ac-man-scw:105725&datastreamId=SUPPLEMENTARY-1.DOC&ei=fMKFT7SMKIye8gS71NHACA&usg=AFQjCNHKPFxJk5bu6Qs5R2SKSUs8IwidWw&sig2=_lt4YNVT-1ECYQBh61EWgA. May 25, 2017. dead.
  11. Web site: How to compare regional powers: analytical concepts and research topics . British International Studies Association . April 11, 2012 . dead . https://web.archive.org/web/20121130192145/http://www.giga-hamburg.de/dl/download.php?d=%2Fcontent%2Fstaff%2Fnolte%2Fpublications%2Fhow_to_compare_nolte.pdf . November 30, 2012 .
  12. Web site: Ministry of Foreign Affairs of Japan . May 7, 2012.
  13. Web site: Oxford Analytica . https://web.archive.org/web/20070424211219/http://www.oxanstore.com/displayfree.php?NewsItemID=130098. April 24, 2007 . July 17, 2013.
  14. Web site: G8: Despite Differences, Mexico Comfortable as Emerging Power . ipsnews.net . June 5, 2007 . May 30, 2010 . dead . https://web.archive.org/web/20080816044329/http://www.ipsnews.net/news.asp?idnews=38056 . August 16, 2008.
  15. Web site: Scott. DeCarlo. The Fortune 2017 Global 500. Fortune. 20 July 2017.

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