Mexico's Export Dependency Grows as Manufacturing Drives Record Trade
3 Articles
3 Articles
Mexico's Export Dependency Grows as Manufacturing Drives Record Trade
Mexico’s exports hit a record high in 2024, growing 4.1% to reach $617.1 billion, according to data from the National Institute of Statistics and Geography (INEGI). This growth exceeded both the Mexican Business Council’s 3% prediction and the 2.6% increase recorded in 2023. Manufacturing dominates Mexico’s export landscape, accounting for 89.8% of total export revenue […]
The border trade between Nuevo León and Texas boosts the local economy, with the expansion of the Colombia Bridge and a cross-border logistics corridor that improves connectivity and efficiency. These initiatives strengthen bilateral cooperation, with economic growth, employment and investment in the region. In 2024, Nuevo León grew by 5.8%, almost twice as much as Texas, with the expansion of the Colombia Bridge and the logistics corridor. Its …
Among the largest global exporters, this ratio was as follows in 2024: China, 21.4%; the United States, 10.8%; Germany, 46.1%; and the Netherlands, 101.6%.
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