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Doing Business In (Insert Country Name Here) - Department of ...

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Security and Safety Equipment and ServicesOverviewReturn to top2008 2009 (estimated) 2010 (estimated)Total Market Size 41,225 34,225 39,358Total Local Production 1,770 1,646 1,892Total Exports 40,542 29,398 33,807Total Imports 39,485 32,579 37,465Imports from the U.S. 9,930 7,213 8,294Figures in Millions <strong>of</strong> US dollars. Safety and Security equipment and service falls into many different industrysectors, the above information represents an estimate and partial market assessment.Sources: World Trade Atlas (WTA).Despite Mexico’s economic downturn in 2009, the demand for security and safetyproducts and services remained stable throughout the year. The presence <strong>of</strong> severaldomestic challenges, as well as many government-sponsored programs for socialassistance, education and labor opportunities, supported an overall increase <strong>of</strong> 15percent in this sector, driven by steady consumption by the public and private sectors.The private sector considered 2009 a good year for the industry, perhaps with lessdynamism during the first semester, but with moderate gains in the last few months. Asin any other industry, results were differentiated among the companies by their size andresources, but 2010 <strong>of</strong>fers a moderate optimistic outlook.Opportunities for government procurement contracts are also expected to continuethroughout the coming year. The combined federal budget for the three main lawenforcement agencies (Defense, Navy, and the Attorney General), is estimated at USD$5.4 billion. Both the Ministry <strong>of</strong> Defense and the Navy have taken an active role in thefight against drug traffickers and drug cartels, mainly cooperating with the Ministry <strong>of</strong>Public Security.The safety industry in Mexico is also an important market. Although the culture <strong>of</strong>accident prevention has been growing, as well as the development <strong>of</strong> updated safetystandards, work-related accidents occur with some frequentcy. <strong>In</strong> 2008, more than302,000 employees suffered accidents at work, and natural emergencies required theaction <strong>of</strong> first-responders. As attitudes toward personal and workplace culture continueto change, national industries are incorporating more safety training and equipment intheir contingency planning and fiscal budgeting.Best Products/ServicesReturn to topBest prospects for products and services in the security and safety sector include:Government:• Armored solutions (vehicles,plates, clothes, doors, walls)• Electronic devices for mobilephones• Biometric solutions• Access control• Tactical equipment• Personal protection products• Communications systems(wireless, internet, GPS, etc.)

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