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The food and beverage sector in Querétaro is one of the state’s two legacy industries, along with automotive. Today it remains the second-biggest manufacturing segment in Querétaro and is an important part of the state’s economy. According to figures from the National Institute for Statistics and Geography, food, beverages and tobacco...

 

In 2013 the IT and telecoms sector contributed 2.5% to Querétaro’s GDP and was one of the economy’s faster-growing segments, according to the state’s Ministry of Sustainable Development (Secretaría de Desarrollo Sustentable, SEDESU). In recent years the sector has grown at an annual rate of 7-8%. Depending on how well Mexico implements reform...

 

According to the Ministry of Sustainable Development, Querétaro’s electronics sector made up 4.6% of the state’s economy in 2013. Focused on household electronics and, to a lesser extent, consumer electronics, the sector is dominated by three players: Mabe, Dongbu Daewoo Electronics and Samsung.

 

Mexico is the world’s largest producer of silver and a top-10 producer of a number of minerals including copper, lead and zinc. Gold, which comprises about one-quarter of Mexican mining production, is the industry’s most important segment. The industry produced about $23bn in 2013 and attracts a significant amount of investment, about 70% of...

 

More than at any point in the last 15 years, Mexican industry is today able to compete with China as a low-cost manufacturing alternative, and with high-income markets as a viable location for outsourcing sophisticated manufacturing. If Mexico is to revitalise its economy after nearly flat growth in 2013, manufacturing, a pillar of the economy...

 

The North American Free Trade Agreement (NAFTA) jumpstarted Mexico’s textiles and garments industries in 1994, when suddenly raw materials like cotton were allowed to flow freely from, and finished goods into, the US market. By 2000, Mexico had become the largest exporter of clothing to the US.

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