|No.||Table Of Contents|
|1.||US-Mexico border crossings totaled 6,959,384 in 2021|
|2.||The USMCA and exporting to Mexico|
|3.||Certification of product origins|
|4.||Taxes and customs duties|
The state of Texas is perfectly positioned to attract businesses looking to export merchandise to Mexico. According to the Texas Department of Economic Development, Texas exported goods to Mexico worth $109.7 billion in 2018, or 35 percent of the state’s total exports. In this article, we will discuss the steps liquidation merchandise resellers need to take to export their products to Mexico from Texas.
US-Mexico border crossings totaled 6,959,384 in 2021.
Three of the four busiest Mexican border crossings are in Texas:
- Laredo, Texas
- Otay Mesa, CA
- Hidalgo, TX
- Ysleta, TX
Starting a Business in Texas: How You Can Profit from Liquidation
The USMCA and exporting to Mexico
A new trade agreement called the United States-Mexico-Canada Agreement, or USMCA, went into effect on July 1, 2020. Under this agreement, liquidation merchandise purchased in Texas for export to Mexico is covered.
Certification of product origins
COOs are required for any shipment into Mexico valued at more than $1000 (although some shipping companies will still require them for shipments below this amount).
Whether you use a pre-written form or create your own, it must contain the following information:
- Identify the certifier (importer, exporter, or producer)
- Address of the certifier including country and contact details
- Exporter name, address, and contact information (if different from the certifier)
- Product’s name, address, and contact information (if different from certifier)
- Name, address, and contact information of importer (if different from certifier)
- Product description
- “Blanket period” (certificates may be issued for a single shipment or several shipments. Certificates for multiple shipments will specify a date range for certification, which may be from one to 12 months)
In addition to the signature and date of the certifier, the certification must contain the following declaration:
In this document, I certify that the goods described are originating goods and the information contained herein is accurate and true. In order to verify such representations, I agree to maintain and present documentation necessary to support this certification upon request and/or during a verification visit.”
If the value of the load is less than $1000, you don’t need any of the nine points above, just a signed statement:
“It is my certifiable understanding that the goods covered by this shipment are originating goods for the purposes of receiving preferential tariff treatment under USMCA/T-MEC/CUSMA.”
Taxes and customs duties
United States-Mexico-Canada Agreement (USMCA) does not impose import tariffs on products made in the United States that meet the rules of origin requirements.
USMCA does not impose any specific restrictions on commodities. It is still prohibited to import into Mexico certain commodities, such as firearms, weaponry, and parts, perishable foods, money, live animals, and items with the appearance of bombs. There are, however, some restrictions in Mexico for merchandise commonly found on liquidation pallets:
- For electrical products going to Mexico, you need a certificate titled ELECTRICAL PRODUCTS-SAFETY SPECIFICATIONS that reads NOM-003-SCFI-2014. Upon presentation of a certificate issued by an accredited lab, the product must conform to the aforementioned norm based on its physical, technical, and use characteristics.
- No matter if the computer is new or used, it can be imported, but it needs to comply with the Mexican regulation for shipments above $1000. Computers, printers, monitors, mice, CPUs, keyboards, memory units, readers, and scanners are only allowed in for repairs. When your computer contains a lithium battery, it must be shipped as a hazardous material.
- A sectoral register (Padron Sectorial) is required to import software valued at more than $1000 into Mexico. An importer or exporter must be listed in this national registry. It is essential that the importer has the proper registration. A RFC number must be provided by the importer of software that costs less than $1000.
- It is allowed for consignors to import used clothing if the clothes were left behind while traveling in another country or territory, and the used clothing will be used for personal reasons. As proof that the consignee has recently returned to Mexico after traveling abroad, an airline ticket or passport must be provided.
Personal luggage does not need to be declared when crossing a land border into Mexico. A maximum of $300 in other goods may also be brought in by each person. Should the total value of the goods exceed this allowance, you’ll need to join the Declaration Lane (Caril de Declaracion), and all customs duties will have to be paid.
A Mexican consulate or a professional customs broker is required if you are importing products with a value over $3000. Your merchandise will be transported through Mexican Customs, which enforce strict compliance with all requirements, with the assistance of a customs broker.
The following documentation is required for importing merchandise into Mexico:
- For customs clearance (Import Request), a Customs Declaration Form must be filled out.
- Invoice for commercial services (in Spanish).
- The bill of lading.
- In the case of undervalued products, provide documentation proving a guarantee of payment.
- (If applicable) Documents showing product performance and safety compliance with Mexican regulations.
The Finance and Public Credit Secretariat of the Mexican government maintains the Padrón de Importadores (Register for all Mexican importers). Tax-registered companies are only eligible for this. Special sector registries may be required for certain sectors.
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