Manufacturing
- Industries /
- Manufacturing
Manufacturing Industry
In Mexico, the manufacturing industry plays a key role in economic growth and the country's development. In terms of Gross Domestic Product (GDP), this industry represents approximately 18% of the national economy, underscoring its significance. In 2021, the Mexican manufacturing industry attracted significant foreign direct investment, reaching $12.56 billion USD, and employing over 9 million people, showcasing its importance for job creation in the country.
The manufacturing industry in Mexico presents several opportunities for economic growth and innovation, displaying a steady recovery since the third quarter of 2022, surpassing the expected pre-pandemic growth level of 1.5%. It is also important to highlight the overarching changes affecting all industries: the increase in digitization in manufacturing and the opening of new markets on the international stage.
With a strategic market openness and the ongoing attraction of investment, this industry has the potential to remain a key driver for Mexico's economic growth and sustainable development.
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