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Mexico boosts the auto parts industry in North America

Mexico. The Mexican market consolidated its leadership in the auto parts industry in North America with a growth of 1.20% in 2024, reaching a production of 121,693 million dollars, according to data from the National Auto Parts Industry (INA).

During a press conference, the INA highlighted that the sector has experienced a growth of 140% since 2010, driven by its close integration with vehicle production in the United States. If this trend continues, production in 2025 could reach 124,014 million dollars.

Foreign direct investment in the auto parts sector reached 2,467 million dollars in 2024, an increase of 21.51% compared to 2023. Chihuahua (15.92%), Nuevo León (13.73%) and the State of Mexico (13.10%) were the main recipients, while Germany, Japan and South Korea led the investments with shares of 39.7%, 22.5% and 12.1%, respectively.

Mexico exported auto parts for 106,070 million dollars in 2024, of which more than 90% were destined for the United States and Canada. Imports totaled 68,635 million dollars, with more than half coming from these two countries.

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The INA underscored the importance of cooperation within the framework of the USMCA, emphasizing that the strengthening of the sector depends on coordination with the governments of Mexico, the United States and Canada, as well as with business chambers.

95% of the production of auto parts in Mexico was concentrated in the central, northern and Bajío regions, with a value of 115,535 million dollars. Among the most manufactured products are electrical parts (19.49%), transmissions and clutches (10.02%), fabrics, carpets and seats (8.99%), engine parts (7.89%) and suspension and steering systems (6.68%).

With an expanding market and growing foreign investment, Mexico reaffirms its role as a strategic pillar in the North American automotive supply chain.


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