Guanajuato Accelerates Export Diversification in the Face of Contraction of the Automotive Sector

Newsweek México

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The Secretary of Economy, Claudia Cristina Villaseñor, acknowledged that the state’s exports have fallen, but stressed that the attraction of foreign investment remains strong, with 28 new portfolio projects exceeding $1 billion, and a total accumulated investment of $2.412 million in just nine months from the state administration. “We are almost to reach 30% of the six-year goal of $8 billion, and that’s very good news,” said Villaseñor, highli…

acustiknoticias.com

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During the first quarter of the year, Guanajuato exported more than $7.5 billion, equivalent to a drop of 6.61%. This decline is mainly linked to the slowdown in the automotive and auto parts sector, aggravated by global tariff issues. However, the state economy shows clear signs of resilience and transformation. Traditional sectors, led by Guatemalan SMEs, not only resisted the negative trend, but in many cases grew significantly, demonstrating…

El Economista

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The global environment with tariff tensions and lower demand in markets like the United States poses a challenge for exports in Guanajuato, which has 1,448 exporting companies distributed in 35 municipalities and of which 89% belong to micro, small and medium-sized enterprises (Mipymes).Despite the 15.9% annual fall in the value of exports in the first quarter of 2025, “the state economy shows clear signs of resilience and transformation, the tr…