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Jan 30, 2024 · In this article, we explore the key industries, areas of innovation, major players, and economic factors contributing to Mexico's robust manufacturing landscape.
Agri-food is a major industry in Asturias, as the third branch of activity along with the metal and extractive industries, energy and water. Asturias is one of the largest cheese-producing areas in Europe, with 20 officially certified varieties. Cabrales – a Protected Designation of Origin since 1981 – is possibly the prime example of ...
- The Economy of Mexico
- Regional Player
- The Industry Sector in Mexico
- New Industries in Mexico
- The Labor Force of Mexico
The economy of Mexico has had an unparalleled microeconomic stability resulting in the significant reduction of interest and inflation rates and increased per capita income. However, there are wide gaps between the country’s southern and northern states, the poor and rich, and the rural and urban population. Some of Mexico’s unsolved issues include...
The recent Mexican administrations have extended their competition in natural gas distribution, ports, electricity generation, railroads, airports, and telecommunication with the aim of upgrading infrastructure. Since the economy of Mexico is export-oriented, over 90% of the country’s trade falls under the free trade agreements (FTAs) which compris...
As a whole, Mexico’s industrial sector has benefited from the liberalization of trade. In the year 2000, the industrial sector accounted for 50% of all the export earnings. One of the country’s most significant manufacturers includes the automotive industry, as well as food, electronics, and oil. Other major industries in the country include the en...
At present, the country is working on the development of an aerospace industry while the regional air jet fuselages and the assembly of helicopters are still in progress. Bombardier, Bell, MD Helicopters, and Cessna are foreign firms that build regional jet fuselages, helicopters, and aircrafts in the country. Even though the aircraft industry in M...
Both the WTO and the OECD have ranked the country’s workers as the world’s most hard-working individuals in regards to the number of hours worked annually. Despite a hard-working labor force, the profitability per person-hour in Mexico remains significantly low.
Some key industries include automotive, aerospace manufacturing, medical and health devices, electronics, appliance manufacturing, furniture, food and beverages (tequila, mezcal, and beer!), oil and gas, apparel & textile manufacturing, packaging, and consumer products.
Mexico has a diverse and vibrant economy, with a range of different industries contributing to its success. From agriculture in the south to manufacturing in the north, Mexico's landscape is full of opportunities for businesses looking to expand their operations. In this post, we'll explore some of the top major industries in Mexico that are driving economic growth today.
The top three manufacturing sectors in Mexico –the automotive, ...
