Baja California strengthens with the automotive industry
Mexico Now | August 18, 2021 |

The automotive sector in Mexico is a key industry in Baja California, according to the Secretariat of Sustainable Economy and Tourism (SEST), which has the ideal conditions to develop this sector in economic, social, cultural and infrastructure matters, among others.

Baja California has 17 industries, including the automotive industry. In Tijuana, for example, in 2004 Toyota Baja California was installed, one of the 13 plants of the Japanese brand in North America.

Check here: Japan and the United States lead foreign direct investment in Aguascalientes

With dozens of advantages for manufacturing and exporting, the company chose Baja California to establish itself and facilitate its distribution and marketing chain.

According to a study carried out by Tijuana EDC, Tijuana has a key position in the world with four export ports in the Pacific Ocean and an immediate land crossing to export to the United States.

Although the automotive industrial sector in Mexico was affected by the COVID-19 pandemic, according to the National Institute of Statistics, Geography and Informatics (Inegi), in April of this year 83,612 cars were sold in Mexico. In April 2020, this number was 34,927 cars sold.

Of interest: Fibra Nova announces a lease in Ciudad Juárez for 15,170 square meters

It is worth mentioning that the production of the automotive industry has increased its relative importance in the economy. When the North American Free Trade Agreement came into force, this industry represented 1.9% of the country's GDP and by 2014 that percentage reached 3%.

In Solili you can check the main  KPI Of the Tijuana industrial market as of July 2021

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