The entities on the northern border of the country have taken advantage of nearshoring, a situation that is reflected in the dynamism of their exports. According to the National Institute of Statistics and Geography (Inegi), the states with the highest value of foreign sales in the first three quarters of 2022 registered double-digit annual growth rates: Chihuahua, Coahuila, Baja California and Nuevo León.
Chihuahua was the first national place in merchandise exports with 55,736 million dollars, 46.1% more than in the same period of 2021 and whose bastion was the manufacture of computer equipment, communication, measurement and other equipment, components and electronic accessories with 54.3%. of the total value with an annual growth rate of 46.1%.
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The second place corresponds to Coahuila with 44.774 million dollars, an amount that meant an annual increase of 16%; its main sector was the manufacture of transportation equipment, contributing 65% of total foreign sales and an annual increase of 18.4%.
The podium is completed by Baja California with a value of 38.828 million dollars and an annual increase of 12.2%. Two industries concentrate more than half of state exports: transport equipment (24.5% growth) and manufacturing of computer equipment, communication, measurement and other electronic components (3.6%).
Of interest: The most diverse and competitive Mexican industrial real estate market in 2023
Finally, Nuevo León showed 38,431 million dollars in merchandise exports, giving an increase of 25.9%; transportation equipment was its engine with 13,291 million dollars, which represented a rise of 21.4%. Said dynamism came from nearshoring, from the proximity to the United States and the competitive advantages of transportation costs.
Tamaulipas completed the top 5 states with the highest export value (25,254 million dollars) in the accumulated January-September 2022.
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