Manufacturing Sector Contribution to GDP in Mexico (1990-2022)

Mexico's manufacturing sector saw steady growth in the 1990s, bolstered by the North American Free Trade Agreement (NAFTA), which opened new export channels. After reaching a peak of 22.4% in 1997, the sector maintained significant GDP share levels around 20%, closing at 21.5% in 2022. Mexico’s strong manufacturing base, especially in automotive and electronics, remains a vital part of the economy, supported by its proximity to the U.S. and ongoing investments to keep its competitive edge in North America.