Mexico Shows Signs of Recovery

The 45th edition of the Tianguis Turístico held this year in Mérida, Yucatán set a new record in terms of buyers thanks to the support of Governor Mauricio Vila Dosal and the coordinated work that took place between state and federal authorities.

The Mexican Tianguis Turístico is the fair where public and private entities do business. Yucatan government announced that 1,600 buyers from 900 international companies from 41 different countries arrived at the most important promotional event.

At the close of the Tianguis Turístico Mérida 2021, the event set a new record of operations: more than 1,600 buyers and almost USD 30 million of sales, after almost 5,800 business appointments.

“Yucatán, the host state, grew at 11% in the economy and 15 months later, 8,000 new jobs were generated, more than before the pandemic,” said the governor.

The governor mentioned that the Tianguis Turístico in Mérida was a dream of more than 10 years: “I want to tell you that the road to get to this Tianguis was not easy. When I was governor-elect, I was talking with Miguel Torruco, who was also the elected Tourism Secretary in 2018, before we took office, and I told him: Miguel, we have been trying to host the Tianguis Turístico for more than 10 years, I would like us to be able to host of this important event... and here we are.”

Tourism is a relevant contributor: six percent of GDP before the pandemic and three percentage points still have to be recovered; the trade balance is at USD 14.7 billion, and today it is at the half.

“We have to do a lot of things. The tianguis was a relevant event, the industry cannot be conceived without mobility and human interaction. The digital tianguis were a good idea, but they did not contribute as much,” says Braulio Arsuaga, president of the National Tourism Business Council (CNET).