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Impact of COVID-19 on Mexico Economy Growth, Size, Share, Industry Report and Forecast to 2019-2025

The first case related to COVID-19 in the Netherlands was witnessed on 27th February 2020. By 11th April 2020, the cases related to COVID-19 increased to more than 23,000 and has registered more than 2,500 fatalities. As per the International Monetary Fund, the GDP of the Netherlands was $902 billion in 2019. As per the European Commission, the GDP growth of the country was 1.7% in 2019 and before the pandemic; it is projected to be 1.3% for the next two years. In March 2020, u2018the Bureau for Economic Policy Analysisu2019 stated that the Dutch economy can shrink by 1.2% if the pandemic remains for the next three months. Moreover, the economy can shrink by 10% if the pandemic lasts for a year in the country.

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Impact of COVID-19 on Mexico Economy Growth, Size, Share, Industry Report and Forecast to 2019-2025

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  1. Orion Market Research Impact of COVID-19 on Mexico Economy: Industry Growth, Size, Share and Forecast 2019-2025 Request a Free Report on Sample of Impact of COVID-19 on Mexico Economy @ https://www.omrglobal.com/request-sample/impact-of-covid-19-on-mexico-economy ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404

  2. Mexico, a Latin American country reported its first cases related to COVID-19 at the end of February 2020. Till 9th April 2020, around 3,200 cases and 175 mortalities have been registered in the country due to the COVID-19 pandemic. As per the International Monetary Fund, the country is the second-largest Latin American economy with a GDP of $1.3 trillion in 2019. The country showed modest GDP growth of 1.1% in 2019. A full report description of Impact https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-mexico-economy The impact of COVID-19 pandemic on Mexico's economy is studied by classifying the economy into energy, healthcare, retail & e-commerce, aviation, manufacturing, travel & tourism, and other verticals. Most affected sectors in the country include aviation, tourism, and other temporary works. As per the National Tourism Business Council (CNET), the tourism sector provides employment to 4.0 million people in the country. Due to COVID-19 pandemic around 4,000 hotels with a capacity of 52,000 rooms along with 2,000 restaurants have been closed in the country. Moreover, as an estimate, the aviation industry has a loss of around $1.3 billion due to the grounding of planes due to COVID-19 in Mexico. The cruise industry has also affected significantly due to the pandemic. Request a Free Report on Sample of Impact of COVID-19 on Mexico Economy @ https://www.omrglobal.com/request-sample/impact-of-covid-19-on-mexico-economy The COVID-19 outbreak results in a major slowdown in all major economies due to which the export of the country has been affected. Mexico is the 2nd largest good supplier in the US. As per official data, Mexico exported goods of $346 billion in 2018 which was 10.6% higher YoY. Besides, as per the International Organization of Motor Vehicle Manufacturers, the country is the sixth-largest vehicle manufacturer with around 4.0 million vehicle production in 2019. Due to the free trade agreement, the country is one of the most favorable locations for European auto manufacturers. Up to $4,000 can be saved when a $25,000 car is exported to the EU due to tariff advantage. As Europe is affected significantly, the country’s automotive exports are expected to hit considerably in 2020. Market Segmentation Automotive Energy Healthcare Retail & E-commerce Aviation Manufacturing Travel and Tourism Others (Construction, Electronics) of COVID-19 on Mexico Economy at

  3. Company Profiles Aeroenlaces Nacionales, S.A. de C.V. Aerovías de México, S.A. de C.V. (Air Mexico) Alfa S.A.B. de C.V. America Movil SAB de CV Bayer AG CEMEX S.A.B. de C.V. El Puerto de Liverpool S.A.B. de C.V. Fomento Económico Mexicano, S.A.B. de C.V. General Motor Co. Grupo Bimbo, S.A.B. de C.V. Grupo Elektra S.A.B. de C.V. Grupo Posadas SAB de CV ABC Aerolineas, S.A. de C.V. Toyota Motor Co. Transportes Aeromar, S.A. de C.V. Volkswagen AG For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/impact-of-covid-19-on-mexico-economy About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. AnuragTiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404

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