Mexico Industry

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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...

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...

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...

In 2018 Mexico’s economy ranked second in Latin America and 15th in the world in terms of GDP, which totalled $1.22trn, according to the World Bank. In 2019 the newly elected President Andrés Manuel López Obrador has pushed ahead with efforts to meet his pledge to tackle corruption and implement austerity measures within the government, to reduce costs and curb excessive expenditures.

Sobre la base de más de una década de crecimiento sólido, México espera tener dentro de los próximos tres a cinco años una de las 10 principales industrias aeroespaciales del mundo.

Si bien el futuro del sector minero de México sigue siendo incierto, los reciente temores a que la nueva administración obstaculizase el crecimiento del sector a través de regulaciones demasiado estrictas se ha disipado ligeramente.

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