How to take advantage of business opportunities in the Mexican auto and aerospace manufacturing.
Mexico is 15th largest global economy, the 6th world’s largest automaker, the 12th global aerospace manufacturer, and the main manufacturing and export platform for the United States. Mexico’s trade with the US totals over $614 USD billion in 2019.
The inflows of foreign direct investment (FDI) in Mexico due to its access to the U.S. market arrived from around the world, but mainly from the United States. FDI spiked after NAFTA was signed in 1994 and was destined primarily to manufacturing.
In the last 20 years, between 1999 – 2020, FDI in Mexico totaled US $605 billion with the United States being the top source, concentrating over 47% of the total. These large investments developed a series of solid manufacturing clusters and supply chains to produce a variety of products in various sectors, including aerospace, automotive, metal mechanic, medical devices, electrical & electronics, and plastics among others.
Various states in Mexico have developed important manufacturing clusters, mainly those in the central and northern regions of the country. In the last decade, the central-western or Bajío region has outpaced the rest.
|Target audience||Swiss and Liechtenstein companies|
|Organizer||Switzerland Global Enterprise|
|Cost of participating||free of charge|