staging
Northern markets at the forefront of exports and industrial demand
El Economista | January 16, 2023 |

Entities on the country's northern border have taken advantage of nearshoring, reflecting the dynamism of their exports. The states with the highest amount of sales abroad registered double-digit growth rates: Chihuahua, Coahuila, Baja California y Nuevo León.

Consult here: Saltillo became in 2022 the third market with the highest industrial demand

The relocation of factories to a site closer to the place of consumption has also underpinned the momentum of the industrial real estate market. As reported by the real estate platform Solili, the annual accumulated demand during 2022 for industrial buildings in the eight northern markets was 3.9 million square meters and represents 70% of the national total.

The sectors where the demand was mainly concentrated were electronics, light manufacturing, metalworking, furniture, automotive, plastics industry and auto parts, mainly.

Of interest: New SkyJack production plant in Ramos Arizpe

In terms of exports, computer, communication, measurement, electronic components and accessories products, in addition to transportation equipment, are the most required by markets outside of Mexico, mainly the United States.

The dynamism is due to the nearshoring or relocation of industries, a phenomenon produced by the commercial confrontation between the United States and China. According to BBVA Research, nearshoring is the most obvious reason why more industries have arrived in Mexico.

In Solili you can consult industrial warehouses available in Ciudad Juárez, Tecate and Mexicali

Original note

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