Key sectors of the Mexican economy


Learning unit Key sectors of the Mexican economy. Syllabus:

- Mexican Aerospace Industry.
- Automotive sector.
- Agribusiness sector.
- Case study: Acquisition of FEMSA by Heineken.
- Creative industries.
- Medical device.
- Household Appliances industry.
- Case study: Bosch Group in Mexico.
- Electronics industry.
- Renewable energy.
- Information Technology market (IT, Business Process Outsourcing, Software).

Learning unit summary - Key sectors of the Mexican economy:

Mexico is the 10th biggest economy of the world and the 7th most important international trade player.

Mexico is the economy with the most competitive operating costs for the aerospace industry. Aerospace exports were 3,200 million dollar (16.5% annual growth rate). There are 190 enterprises in Mexico within the aerospace industry (30.000 people).

The United Mexican States is the 2th biggest carmaker in Latin America. 820,000 cars were sold in Mexico. The automobile industry:

  • 3% of the Gross domestic product
  • 18% of Mexican manufacturing production.
  • 23% of all Mexican exports.
  • 69% of Mexican production of automobile sector was exported to the United States.
  • 100 of the biggest auto parts Global firms are in Mexico. The United Mexican States produced 30 billion dollar in auto parts, (80% of production was exported to the United States)

The processed food industry in the United Mexican States generated a market value of 93,362 million dollar (the 3th highest valued in America). The food sector of the United Mexican States is the 10th biggest market valued worldwide. The Mexican processed food industry accounts for 22% of the manufacturing Gross domestic product.

Mexico is the leading exporter of medical devices in Latin America. Mexico is the major exporter to the United States

Mexico is one of the main exporters of household appliances in the world (6th place on a global level).

Sample of the learning unit: Key sectors of the Mexican economy
sectors Mexican economy

This learning unit "Key sectors of the Mexican economy" is part of the:

Learning materials: En or Es México

Mexico has a leading position as exporter of split-door refrigerator / freezers.

Mexico is the 3th exporter of 1,500 W vacuum cleaners.

Mexico has a strong installed capacity for manufacture of electronic products. Manufacturing enterprises are mainly located in Baja California, Chihuahua, and Tamaulipas. Exports from the electronics sector accounted for 28% of non-oil exports of Mexico.

Acquisition FEMSA Heineken

Mexico FEMSA

Bosch Group Mexico

Source: Promexico

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EENI Business School