Business sectors in Mexico

Detailed information about strategic business sectors in Mexico
Please find here data about the different business sectors in Mexico.

Food and Beverage
In 2011, the Mexican processed food industry generated a production value of 119,707 million USD.1 Mexico was ranked between the 15th most important countries in this industry.2 This industry is considered a growing sector in Mexico by the increase in population and consumption, the health trends and the chances of producing a wide range of products. The food industry is expected to grow at an average annual rate of 6.1% between 2011 and 2020. 1 Source: INEGI and Global Insight 2 Source: Global Insight Further information: http://mim.promexico.gob.mx/wb/mim/agroalimentaria_perfil_del_sector

Automotive
Mexico is the second largest producer of vehicles in Latin America.1 The national production of vehicles amounted to 2.55 million units, which is an increase of 13% with reference to the year before.2 The industry represents 4% of GNP and 20% of the national manufacturing production.3 It is estimated that Mexico will produce more than 3 million vehicles by the end of 2015 (which is the double of the production of 2009).4 In 2011, the auto parts´ industry reached a record level with the production of 67,989 md. Electrical components represented the main part of the industry with 22%. 5 1 Source: OICA 2 Source: AMIA 3 Source: INEGI 4 Source: Global Insight, Business Monitor 5 Source: Industria Nacional de Autopartes (INA) Further information: http://mim.promexico.gob.mx/wb/mim/auto_perfil_del_sector

Aerospace
Mexico has become a preferred destination of Foreign Direct Investment (FDI) for aerospace businesses. Moreover, this sector has trebled in just five years, and there are currently 232 companies operating in Mexico’s aerospace industry, with over 30,000 employees. Mexico strengthens its position as strategic partner in the aerospace sector by producing parts, components and complex systems for airplanes and helicopters. The significance of Mexican´s aerospace industry is confirmed by the presence of global leaders producing aircraft and its parts in the country. Further information: http://mim.promexico.gob.mx/wb/mim/perfil_del_sector

Electric and electronics
In 2011, the total production of the electric sector reached 19,374 md and can be divided into two segments: equipment of generation and distribution of electric energy and other equipment and electrical accessories.1 It is estimated that the production of equipment of generation and distribution of electric energy will increase by an average level of 6.8% during 2011-2020. 2. 1 Source : INEGI 2 Source: Global Insight Further information: http://mim.promexico.gob.mx/wb/mim/elec_perfil_del_sector http://mim.promexico.gob.mx/wb/mim/elect_perfil_del_sector

Renewable energy
Further information: http://mim.promexico.gob.mx/wb/mim/energias_perfil_del_sector

Medical device
Further information: http://mim.promexico.gob.mx/wb/mim/vida_perfil_del_sector