Mexico will close 2022 with a production of 105 thousand 121 million dollars in auto parts, a growth of 10.9% compared to the previous year, estimated the director of the National Institute of Auto Parts (INA), Alberto Bustamante.

During his participation in the presentation "T-MEC and the opportunities for the automotive sector supply chain" at Meximold 2022, which took place at the Querétaro Congress Center, in the city of Querétaro, the leader of the auto parts sector stated that With this, Mexico will displace Germany from fourth place, at least, for the next seven years and places it as the main supplier for the United States.

Check here: The 3T 2022 CDMX demanded 620 thousand m² unseating Monterrey from first place

For 2023 and 2024 it is estimated that production will reach 106 and 109 billion dollars, respectively, of which 86 and 90 billion would be for export, in the same order, and the rest for the domestic market.

Regarding the pre-pandemic period, he assured that this industry will exceed the registered production figures of just over 97 billion pesos this year, being the second industry, behind the food sector, to recover its levels.

In this tenor, he highlighted that the main producers of auto parts in the country are the northern states that concentrate 52% of the total given their proximity to the United States; Coahuila heads the list, with 16.7 percent.

Of interest: Industrial demand in Mexico continues unstoppable, grows by 13% during 3Q 2022

The remaining 45.6% is produced in Bajío, given its geographical location for export to Europe and Asia. Guanajuato ranks first with 10.9% of the total.

Regarding the production of vehicles, Mexico produces 3.9 million vehicles and it is expected that this year more than 4 million will be reached. To do this, the country imports auto parts mainly from China, for just over 8 billion dollars, according to estimates for this year.

In Solili you can consult industrial warehouses available in Monterrey y San Luis Potosí

Original note