According to the National Auto Parts Industry (INA), from 1999 to 2021, the auto parts sector in Mexico has received a Foreign Direct Investment (FDI) of 48 thousand 381 million dollars, which corresponds to 69% of automotive investments.

In this sense, Guanajuato with 13.8% is the second state with the highest FDI attraction in 2021. The five states with the highest participation of investment in auto parts are: Nuevo León with 36.9%, followed by Guanajuato with 13.8% and Chihuahua, Querétaro y Coahuila with 13.6%, 7.5% and 6.2%, respectively.

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Regarding the origin of FDI for auto parts, the United States represented 55% of the investments in the sector in that period, with 25,865 million dollars, followed by Japan with 7,500 million dollars, Germany with 6,240 million dollars, and Canada with 2,000 million dollars. 973 million dollars and Spain with 1,538 million dollars.

In 2021, Mexico had a production value of 94 thousand 775 million dollars, being the main supplier of auto parts in the United States. From 2010 to 2021, the country's exports have increased by 85%, reaching 53 thousand 475 million dollars.

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Mexico currently occupies the seventh position at the national level as a world producer of vehicles (below China, the United States, Japan, India, South Korea and Germany), and is also the main producer in Latin America. So that of every 100 vehicles produced in the world, 3.9 were assembled in the country.

It should be noted that in 2021 the automotive industry contributed 18.3% of the national manufacturing Gross Domestic Product (GDP), the auto parts sector contributed 8% of it. In that year, the country exported 2.7 million light vehicles with a value of almost 40 billion dollars.

The INA also indicates that the production of vehicles in Mexico increased by 21.38%, which represents 166 thousand units during 2021.

In Solili you can consult industrial warehouses available in Mexico City and Guadalajara

Original note