Course 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 in 2010 were 3,200 million USD
(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. In 2010, 820,000
cars were sold in Mexico. The automobile industry:
- 3% of the Gross domestic product (GDP)
- 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.
In 2008, the United Mexican States produced 30 billion USD in auto parts, (80% of production
was exported to the United States)
In 2010, the processed food industry in the United Mexican States generated a market value of 93,362 million USD
(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 (GDP). Mexico ranks as the 8th biggest
producer of meat worldwide.
Example of the course: Key sectors of the Mexican economy
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).
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. In 2010, exports from the
electronics sector accounted for 28% of non-oil exports of Mexico.
Source: Promexico and Secretaría de Economía Gobierno Mexicano.
