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Mexico's electronics industry has grown enormously within the last decade. Mexico has the sixth largest electronics industry in the world after China, United States, Japan, South Korea, and Taiwan. Mexico is the second largest exporter of electronics to the United States, and it exported $71.4 billion worth of electronics in 2011. [139]
The petroleum industry in Mexico makes Mexico the eleventh largest producer of oil in the world and the thirteenth largest in terms of net exports. Mexico has the seventeenth largest oil reserves in the world, and it is the fourth largest oil producer in the Western Hemisphere behind the United States , Canada and Brazil .
Over the years, simple assembly operations in Mexico have evolved into complex manufacturing operations including televisions, automobiles, industrial and personal products. While inexpensive commodity manufacturing has flown to China, Mexico attracts U.S. manufacturers that need low-cost solutions near-by for higher value end products and just ...
US carmakers have depended on labor from Mexico and Canada for over a century. ... “In the '60s and '70s, the Canadian industry was integrated right into the American industry,” Anastakis said.
The petroleum industry in Mexico makes Mexico the eleventh largest producer of oil in the world and the thirteenth largest in terms of net exports. Mexico has the seventeenth largest oil reserves in the world, and it is the fourth largest oil producer in the Western Hemisphere behind the United States, Canada and Brazil.
Around 90% of auto exports from both Mexico and Canada go to the U.S., according to the Mexican Automotive Manufacturers' Association (AMIA) and the Canadian Vehicle Manufacturers' Association.
It not only keeps us globally competitive, it supports auto industry jobs, vehicle choice and vehicle affordability in America. ... The 25% tariff on Mexico threatened to upend three decades of ...
Mining in Mexico represented 2.4% of the nation's gross domestic product in 2023 and employed 350,000 people in 2020. Mexico is the world's largest producer of silver and a globally significant producer of gold, copper and zinc.