Nuevo León is experiencing a moment of economic expansion, consolidating its position as the national leader in job creation and foreign direct investment, among other key indicators.According to the state Ministry of Economy, the state has positioned itself as the best destination for investment, thanks to three main factors: its strategic location, highly trained human capital, and world-class…

Nuevo León is experiencing a moment of economic expansion, consolidating its position as the national leader in job creation and foreign direct investment, among other key indicators.According to the state Ministry of Economy, the state has positioned itself as the best destination for investment, thanks to three main factors: its strategic location, highly trained human capital, and world-class…

Baja California Sur's industrial activity grew 11.6% during May 2024, placing the state as the fifth fastest-growing in the country, according to the Monthly Indicator of Industrial Activity by State (IMAIEF).The increase reflects the prosperity of the manufacturing industry through various sectors such as electronics, electrical, automotive, aerospace, and logistics, as well as evidence of the…

The National Auto Parts Industry (INA) pointed out in a recent press conference an increase of 15.09% in Foreign Direct Investment (FDI) in the auto parts sector in Mexico, reaching 1.634 billion dollars in the first half of 2024.The main destinations for this investment in Mexico were the State of Mexico (16.95%), Chihuahua (13.59%), Querétaro (11.16%), Guanajuato (11.14%) and Coahuila (11.08…

Mexico's product exports grew at a year-on-year rate of 14.7% in July, to 54,788.6 million dollars, driven by manufacturing, Inegi reported on Tuesday.Imports amounted to US$54,860.5 million, an increase of 13.3%, leaving the country with a deficit of US$72 million in its trade balance.Mexico has developed its manufacturing sector with the dual objective of taking advantage of lower manufacturing…

Foreign Direct Investment (FDI) arrivals to Mexico registered a 7.2% inter-annual growth, to 31.1 billion dollars in the first semester of 2024, informed the Ministry of Economy.Of this total, 30.288 billion dollars correspond to reinvestment of profits, 909 million dollars to new investments, and -101 million dollars to intercompany accounts.New investments refer to FDI flows associated with…

The economic prospects of the U.S., Canada, and Mexico for the current year point to interesting opportunities for Italian machinery manufacturers. In fact, OECD1 forecasts indicate, for 2024, GDP growth of 2.1 percent in the US, 0.9 percent in Canada and 2.5 percent in Mexico. In addition, slowing inflation, in these countries, will allow for a reduction in monetary tightening and interest rates…

According to the Ministry of Economy, in the first five months of 2024, 127 investment announcements have been made in Mexico by foreign companies, generating a total expectation of 39.157 billion dollars.Fifty-one percent of the announcements were made by companies with capital of U.S. origin; followed by Germany, with 14%, and Argentina, with 11%. Eighty-seven percent of the total amount…

From May 18-25 2024, Missouri Governor Mike Parson and First Lady Teresa Parson traveled to Italy for an international Trade Mission.According to a release from Parson, Italy is a top source of foreign direct investment and a key trade partner for Missouri, with more than $169M in exports in 2023.Consistent with Gov. Parson’s infrastructure and economic development priorities, the goal of the…

MEXICO CITY (August 7, 2013) - Above China and India, Mexico is placed as the number one country in attracting Foreign Direct Investment (FDI) in the aerospace industry, which contributes 10% of manufacturing GDP. "It is not the automotive industry, it is the aerospace industry, we attract 1,300 million dollars (mdd) approximately every year. There were $15,000 million dollars and more $6,000…