Mexico Industry Reports

The Mexican oil and gas sector has undergone significant regulatory shifts in the last decade. The 2013 energy reform (under the administration of former President Enrique Peña Nieto) intended to foster competition by opening the sector to private ...

According to the International Energy Agency (IEA), demand for global electricity grew by an estimated 4.3% y/y in 2024, up from 2.5% in 2023, driven by expanded electrification globally. Most of the 2024 growth came from emerging economies, ...

In 2024, electricity generation in Latin America and the Caribbean (LAC) grew by 5.5%, primarily driven by the expansion of wind and solar photovoltaic plants, as well as an increased share of natural gas in the energy matrix. In order of ...

Latin America is home to some of the world's largest reserves of metallic minerals, including copper, iron ore and zinc. As such, the region has numerous metal processing companies and plays an important role in the global trade of metals such as ...

Latin America's role in the global automotive sector has diminished in the past ten years. In 2023, the region accounted for 7.6% of the world's production and 5.9% of global sales. Nine out of every ten vehicles manufactured in the region are made ...

Mexico's electronics manufacturing is one of the leading sectors globally, with an industry that continues growing rapidly and becoming increasingly important to the global supply chain. By 2024, Mexico ranked as the eighth-largest producer of ...

The Mexican chemical industry is a cornerstone of the nation's manufacturing landscape, contributing significantly to GDP, employment and trade. Despite facing challenges, such as supply chain disruptions and rising production costs, the sector has ...

The metal processing sector plays a crucial role in supporting end-use industries like construction, infrastructure, automotive manufacturing and power transmission. According to data from the World Steel Association (WSA), in 2024 Mexico ranked 15th ...

Brazil's transportation sector is a fundamental pillar of the economy, supporting the country's position as a global leader in agricultural and mineral exports. In terms of the sector's structure, road transport dominates, handling 64.9% of domestic ...

The food and beverage manufacturing sector is among the leading economic drivers in Mexico. As of September 2024, it accounted for 25.5% of total manufacturing output value and 5.2% of domestic GDP. By June 2024, total foreign direct investment (FDI) ...