The National Auto Parts Industry (INA) announced today at a press conference that an increase in the production and exports of auto parts to North America is expected by 2023, as a result of the agreements on rules of origin established in the Treaty between Mexico, the United States and Canada, known as T-MEC.

The rules of origin agreements established in the T-MEC will favor the production and export of auto parts in Mexico, let us remember that our country is the main supplier of auto parts to the United States.

Consult here: For the second consecutive year, Monterrey led the industrial demand in Mexico

The association indicated that the forecast for exports of auto parts from Mexico to the United States and Canada reached 79.5 billion dollars at the end of 2022, while imports registered 34.8 billion dollars, reflecting a surplus in the trade balance of these components for 44 thousand 700 million dollars.

The export arm of the Mexican auto parts sector has allowed the country to consolidate itself as the main supplier of the United States sector, covering close to 40% of the market, which represents a figure four times greater than that of its second supplier, China, which represents 9.2% of the value of the US market.

He also highlighted the trend towards electromobility that prevails in the North American vehicle market, through incentives created with the objective of replacing internal combustion units with alternatives that reduce emissions of polluting gases, which will cause an increase in demand. of auto parts to manufacture these vehicles and it will be an opportunity to further strengthen the industry in Mexico.

Of interest: Unstoppable industrial demand in Mexico, reported historic levels during 2022

The production of auto parts in Mexico at the end of 2022 reached 106 thousand 741 million dollars, 12.73% more than what was registered during 2021, a figure that marks a new historical record in the auto parts sector, even in the midst of the challenges brought by the pandemic.

In Solili you can consult industrial warehouses available in Monterrey, Saltillo and Chihuahua

Original note