Mexico is considered the second-largest economy in Latin America. The composition of the gross domestic product of Mexico is divided into agriculture, industry, and services, where the industry plays a significant role. According to World Bank statistics, in 2022, the industry contributed 32.1%, while services accounted for 58.8% of Mexico's GDP.
It depicts that Mexico has been steadily transforming into an industrialized nation over the years. In this significant growth, the business culture of Mexico plays an important role. In 2022, 65% of construction was concentrated in just four key cities: Mexico City, Monterrey, Ciudad Juarez, and Tijuana. Whereas other cities also have a significant role in industrialization. Let's take a look at major Mexico industrial cities.
Here are some of the leading industrial cities you should keep an eye on. These cities stand out for their decisive contribution to the economy of Mexico.
|Sr #||City||Major Industries||Major Companies|
|1||Mexico City||Trade and transportation industries||
|2||Monterrey||Aerospace & defense, electronics, medical devices, and automotive||
|3||Ciudad Juarez||Automotive and auto parts industry||
|4||Tijuana||Medical device manufacturers||
|5||Queretaro||Automotive assembly, auto parts, aerospace, and household appliance manufacturing||
|6||Guanajuato||Automotive, textiles, food processing, chemicals, aerospace, information technology, and logistics.||
|7||Guadalajara||Electronics and information technology||
|8||Puebla||Metal mechanics, electronics, food processing, chemicals, and automotive||
|9||San Luis Potosí||Automotive manufacturing||
|10||Mexicali||Automotive, aerospace, electronics, food products, medical, devices, metal fabrication, plastics, renewable energy.||
Discover the significant role that Mexico's industrial cities play in bolstering the nation's economy and driving growth. These cities are the hub of Manufacturing Companies In Mexico. They serve as the backbone of Mexico's economic strength.
Mexico City is the country's largest city. According to statistics, it contributed 15.8% to the total GDP of Mexico in 2020. The leading economy of Mexico City is the Trade and transportation industries. The oil sector, tourism, and other industrial activities also significantly influence economic growth.
Monterrey is Known as the country's industrial capital. Industries contribute about 23% of its GDP. Being an industrial city, Monterrey offers around 2.5 million jobs nationwide. Moreover, according to statistics for 2021, the Monterrey metropolitan area's gross demand was 56 thousand square meters. The industrialization in Monterrey has escalated to such an extent that it now poses a threat to the environment. According to RESEARCH, Using Digital Platforms To Build Climate Smart Cities In The Monterrey Metropolitan Area, Mexico;
"Due to the high level of industrialization and ever-increasing development, Monterrey is one of Mexico's top three greenhouse gas (GHG) emitting territories."
This city has a unique significance regarding industrialization. About 60% of Ciudad Juarez is associated with the maquila industry. More than 370 companies are enrolled in Ciudad Juárez. This city creates more than 300,000 jobs. That represents how actively it contributes to the economy of Mexico.
Tijuana is an important center for international trade in California. Along with being a major medical device manufacturer, Tijuana is a major tourist destination. It is also the television manufacturing capital of the world according to the RESEARCH, Globalization in Tijuana maquiladoras: Using historical antecedents and migration to test globalization models;
"Maquiladora industrialization has undoubtedly contributed to the unprecedented rise of Tijuana and San Diego to a position of greater prominence in the hierarchy of cities in this region and the larger continent."
Queretaro plays a significant role in the manufacturing of Mexico. The major economy of this city is automotive and aerospace manufacturing. Its GDP increased by 22.5 billion Mexican pesos in 2021. Queretaro is the primary recipient of FDI in the Bajio, financing over $887 million for investments.
The major industries of Guanajuato are Automotive, textiles, chemicals, aerospace, information technology, and logistics. It is also growing in the fields of tourism, fashion, research services, and chemical production. The manufacturing industries of Guanajuato contribute about 28.8% to the economy of Mexico.
In 2021, Guadalajara was considered the country's first market regarding industrial space usage. It produces software and digital components. It has about 51 industrial parks, making it a communications hub for the northern half of Mexico.
Puebla contributes 28.2% of the total budget of Mexico. Its main manufacturing sectors are automotive, textiles, and the fast-growing food and beverage processing industry. In 2023, the workforce of Puebla is 6M people, and the average monthly salary is observed at $3.9k MX.
San Luis Potosí is considered the hub of manufacturing and rich mining. In 2022, the international sales of this country were US$7.46B. Being an industrial city, it creates numerous jobs and plays a significant role in the country's economy with its exports.
Mexicali is the leading industrial city in Mexico. Its major industries are Automotive, aerospace, electronics, food products, medical devices, metal fabrication, plastics, and renewable energy. Along with a significant growth in industrialization, Mexicali is also known for tourism.
Here are Mexico's top 10 manufacturing industries in various cities:
It's evident that these urban centers serve as the lifeblood of Mexico's economic strength. From Mexico City to Monterrey, each city plays a significant role in the nation's GDP and fostering growth.
However, Beyond choosing a city, careful consideration of the manufacturing site is also important for site selection. The selection process should assess the advantages and drawbacks of different types of locations. The crucial site selection criteria include evaluating labor availability, proximity to transportation hubs, supply chains, customers, and the labor union climate.
As we step forward with the process, we recognize the need for informed decision-making and strategic partnerships. We're here to assist if you're seeking expert guidance and reliable Mexico Manufacturing Consultants.
Explore our comprehensive supplier and consultancy services, and let's build a prosperous future together in Mexico.