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The aerospace industry in Mexico

mexico aerospace industry altios

August 2023

The Mexican aerospace industry has emerged as a force to be reckoned with on the global stage. With its strategic location, skilled workforce, and favorable business environment, Mexico has positioned itself as a key player in the aerospace sector.

As of 2021, Mexico stands as the 14th largest aerospace supplier worldwide, and its growth trajectory indicates a prosperous future for the industry. What opportunities in the years to come?

The aerospace industry in Mexico takes flight as a global contender

  • Looking ahead to 2025, the Mexican aerospace industry is expected to remain stable, with exports surpassing an impressive US $12 billion. This projection demonstrates the robustness and potential for continued growth within the sector.
  • The government’s commitment to promoting investment and creating a supportive ecosystem for aerospace companies has contributed to this positive outlook.
  • One of Mexico’s key strengths lies in its ability to attract foreign companies to its aerospace sector. Numerous international players have recognized the advantages of establishing a presence in Mexico, leveraging its skilled labor pool and competitive cost structure.
  • These foreign companies have become instrumental in driving the growth and expansion of the Mexican aerospace industry. Their investments have not only created job opportunities but have also stimulated the development of local suppliers, contributing to the overall growth of the sector.

Discover the key factors and statistics of the Mexican aerospace sector in our infographic:

aerospace industry mexio altios

Want to learn more?

Interested in Mexico and its other sectors? Check out our most recent article on Tech StartUps: Mexico, a land of opportunities

The Automotive Sector in Spain

Key Factors

We have broken down the essential information to help you understand the impact of automotive on the Spanish economy.

  • In the last 5 years, Spain was the 2nd most preferred European destination for multinationals for new automotive projects.
  • Spain is the 2nd largest vehicle manufacturer in Europe and ranked 9th worldwide in 2021.
  • The automotive sector provides nearly 2 million jobs throughout the country, being an important generator of employment in many regions, beyond the big cities.
  • The turnover of the automotive industry represents 10% of the Spanish GDP.
  • The automotive industry is responsible for 18% of Spain’s total exports.
  • Spain’s most popular export destinations for this sectors are the UE, Turkey, Morocco, Egypt, and the U.S.

The Automotive Sector in Spain: Geographic Location

The success of Spain’s automotive industry export is also due to its geographical distribution on the country:

  • Spain hosts 17 car production plants, 15 technology centres, and 10 automotive clusters.
  • The automotive sector is well developped in Spain’s main cities: Madrid, Barcelona, Balencia, Zaragorza, Sevilla, Pamplona, Avila, Valladolid, Palencia, Vigo, Santander, Vitoria.

Want to know more about other Spanish sectors? Please check out Foreign Direct Investment in Spain, or visit the ALTIOS Spain website.

spain infographic automotive sector

Here you can find an infographic on the automotive sector in Spain. Read the article below to have a larger overview of this Spanish industry.

For more information, please contact us.

Here is an infographic on the Food and Beverage industry in Canada. It gives you an overview of the Canadian market, for more information, please contact us.

infographic food and beverage industry in canada

Want to know more about other Canadian industries? Please check out The Transportation Industry in Canada, or visit the Altios Canada website.

Here is an infographic on the Transportation industry in Canada. It gives you an overview of the Canadian market, for more information, please contact us.

infrographic on the transportation industry in canada

Want to know more about other Canadian industries? Please check out The Food and Beverage Industry in Canada, or visit the Altios Canada website.