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.
Find out more through related statistics on Mexico’s industry sector share in GDP, Mexico’s unemployment rate trends, Mexico’s goods export value.
