Mexico Industry Articles & Analysis

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A number of factors bode well for Mexico’s industrial sector. Cheap labour costs, proximity to the US market and improving human resources have attracted global firms. Additionally, as trade tensions between the US and China show no signs of abating, multinationals are now looking to move manufacturing to Mexico in order to maintain ties to the US market and avoid additional...

Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic diversification and resilience,...

How can the National Development Plan (Plan Nacional de Desarollo, PND) 2019-24 improve industrial productivity and competitiveness in Mexico?

The potential of Hidalgo as an industrial hub is hardly a new discovery, stemming back to the 1950s when the manufacturing city of Fray Bernardino de Sahagún in the southern municipality of Tepeapulco was founded as part of a federal government initiative to house the Mexican automotive producer National Diesel, also known as DINA, and national rail construction company...

The mining sector is one of the longest-operating industries in Mexico, extending back almost 500 years. According to the Mining Chamber of Mexico (Cámara Minera de México, Camimex), the country was the world’s number-one producer of silver, the seventh-largest producer of copper and the ninth-largest producer of gold in 2017, and responsible for 1.7% of the world’s output of...

Chapter | Industry & Mining from The Report: Mexico 2019

A number of factors bode well for Mexico’s industrial sector. Cheap labour costs, proximity to the US market and improving human resources have attracted global firms. The sector in Mexico is making gains in some strategically important areas, and strong performance in the mining, electronics and agri-business segments is driving overall growth. Even as protectionist measures and bilateral...