Courier and parcel companies can import goods from the US and Canada exempt from paying tariffs of up to $117 and of these, the first 50 are exempt from VAT; If you import a product from China, you do not pay tariffs if it is less than $50.<\/p>\n
Electronic commerce platforms allow competition and facilitate imports to Mexico, highlighted Fernando de Mateo, former Mexican ambassador to the World Trade Organization (WTO).<\/p>\n
With the growing digital economy, a consumer can order a product from their phone through Alibaba, Amazon or Mercado Libre and that product can be imported by these platforms from any country, without the buyer knowing in a large number of cases the origin. of its origin.<\/p>\n
But the underlying competition occurs between producers and sellers who set the prices of their goods.<\/p>\n
One can buy from Amazon or Liverpool. Uber can transport you and bring you groceries from the supermarket. The possibilities are endless and those who compete are the producers and sellers to be able to sell things through digital platforms,\u201d commented De Mateo.<\/p>\n
Imports through these platforms, including those made through \u201cde minimis\u201d thresholds, are integrated into foreign trade statistics with the corresponding tariff classification for each product.<\/p>\n
As of April of this year, Mexican imports of merchandise grew 4% to a record of 201,297 million dollars and internally, imports of consumer goods exceeded that advance, with a jump of 8.7% to 29,679 million dollars, surpassing dynamism to imports of intermediate goods (+1.6%), although they were below those of capital goods (+16.42 percent).<\/p>\n
In particular, De Mateo explained that Mexico imports mainly intermediate goods and capital goods from China and considered that purchases of textiles and clothing from the Chinese market are overestimated.<\/p>\n
\u201cWe have an obsession with what we knew when the China market opened, when there were one-dollar watches and three-dollar shoes. Above all, there is this obsession of textile producers and those in the clothing industry with China,\u201d he added.<\/p>\n
The main foreign supplier of threads, textiles and clothing to the Mexican market in 2023 was the United States, with 2,681 million dollars, a year-on-year drop of 11.5%, according to WTO data. In second place was China, with 1,768 million dollars, a decrease of 7.1 percent.<\/p>\n
In Mexico, a franchise is established for courier and parcel companies for the import of goods imported from the United States and Canada: exempt from paying tariffs for up to 117 US dollars and of these, the first 50 dollars are exempt from VAT.<\/p>\n
And if a product is imported to Mexico from China, it does not pay tariffs if it is less than $50, which is the \u201cde minimis\u201d threshold.<\/p>\n
The National Chamber of the Clothing Industry (Canaive) calculates that with the de minimis level, digital commerce platforms stop paying 38,000 million pesos a year in VAT, duties for customs procedures and tariffs.<\/p>\n
EU, first supplier
\nOn the contrary, from its North American partners, in imports to the United States, the level is 100 US dollars exempt from tariffs and VAT.<\/p>\n
In turn, Canadian customs exempt products imported from Mexico and the United States from paying tariffs of up to 150 Canadian dollars. Of these, the first 40 dollars are exempt from VAT.<\/p>\n
Among other factors, due to their higher production costs and the imposition of tariffs in certain markets, companies from China have moved production centers to countries such as Vietnam, Thailand and Malaysia.<\/p>\n
\u201cIt is not Amazon who decides where the product will come from, but the seller by establishing how much he is willing to sell his product for,\u201d De Mateo concluded.<\/p>\n
In 2023, other foreign suppliers of threads, textiles and clothing in the Mexican market were Germany (156 million dollars), Canada (134 million) and Vietnam (106 million).<\/p>\n
roberto.morales@eleconomista.mx<\/p>\n
https:\/\/www.eleconomista.com.mx\/empresas\/E-commerce-impulsa-importaciones-de-bienes-de-consumo-20240623-0080.html<\/p>\n","protected":false},"excerpt":{"rendered":"
Courier and parcel companies can import goods from the US and Canada exempt from paying tariffs of up to $117 and of these, the first 50 are exempt from VAT; If you import a product from China, you do not pay tariffs if it is less than $50. Electronic commerce platforms allow competition and facilitate […]<\/p>\n","protected":false},"author":1,"featured_media":653,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/posts\/652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/comments?post=652"}],"version-history":[{"count":1,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/posts\/652\/revisions"}],"predecessor-version":[{"id":654,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/posts\/652\/revisions\/654"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/media\/653"}],"wp:attachment":[{"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/media?parent=652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/categories?post=652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/tags?post=652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}