Guanajuato lists in the face of growth in exports worldwide
Mexico Industry | November 09, 2021 |

The Mexican economy represents less than 1% of world wealth and will reach a recovery in 2024 similar to that in 2019, that is, the global economy is growing at more than 6 percent.

The United States grew exponentially during the first and second quarters of 2021, which is reflected in the growth of its medium and small companies; However, Mexico is placed in a privileged position, as exports from Asia cost up to 10 times more and take up to six months to arrive, the logistics cost more than the contents of the box.

The foregoing was announced by Luis Ernesto Rojas Ávila, director of Cofoce, who mentioned that this has caused a relocation of distribution and immediate production centers, where Mexico has been chosen to export to Central America and the United States, opening opportunities for investment, joint venture and export like never before.

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"This opportunity will last a little over two years and bet on exports to attract these investments and double the growth of exports," he said.

Mexico has accumulated from January to August 2021 a total of 317,308 million dollars, higher than 24.33% compared to 2020.

"Having a treaty and an important geographical position, investment promotion, as well as allies such as Central America and a market such as Japan, the United States and Canada, represents a great incentive for our country," said Luis Ernesto Ávila.

In Guanajuato, exports are concentrated in 33 municipalities, placing Guanajuato as the first non-border exporting state.

The entity's products reach 132 countries, adding 1,088 exporting companies until August, which add 164,000 jobs.

From January to June 2021, Guanajuato managed to export 13,410 million dollars, which represented a growth of 40% compared to 2020.

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The sub sectors that have shown the highest growth in this period, between January and August 2021, are: textiles with 54% growth, tanning and leather finishing with 68%, manufacture of textile products with 39%, the plastics industry with 47%, basic metals with 62%, metal products with 53%, transport equipment with 43% and machinery with 36%.

Exports for the periods from January to June from 2019 to 2021 are as follows: in 2019, 12 thousand 619 million dollars were exported; In 2020, 9.502 billion dollars were exported and in 2021, 13.410 billion dollars were exported.

The entity's industrial real estate market has an inventory of more than 5.2 million square meters of industrial buildings and, according to the Solili platform, at the end of October 2021, a little more than 260 thousand square meters of industrial buildings are progressing in construction. Available sizes range from 691 to 12.7 thousand square meters.

In Solili consult the Industrial Real Estate Report of Guanajuato as of October 2021

Original note

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