Mexico's electronics industry is one of the fastest growing, positioning the country as the second largest supplier of electronic products to the U.S. market. Mexico is home to more than 730 plants dedicated to the manufacture of audio, telecommunications, computer and component equipment. The main global companies in the sector have established operations in the country, and nine of the top ten transnational electronics manufacturing services (EMS) firms, such as Foxconn, Flex, Sanmina and Benchmark, among others, have a presence in Mexico, consolidating the country as a world leader in electronics manufacturing.
Mexico, a reliable partner for electronics manufacturing
Mexico has established itself as a key partner in the global electronics industry. Between January and September 2023, the sector received USD 605 million in FDI, totaling USD 25.2 billion in investments since 1999. The country stands out for its leadership in innovation, sustainability and efficiency, driving significant advances such as the expansion of the Internet of Things (IoT), the implementation of 5G, vertical integration and the adoption of sustainable practices.
Facts and figures about the electronics industry in Mexico
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More than 730 manufacturing plants related to the electronics industry.
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Low operating costs for the manufacture of electronic components and equipment.
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Second largest supplier of electronic products to the US.
Advantages of manufacturing electronic products in Mexico
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Proximity to the United States: Mexico is strategically located close to the U.S. market, which facilitates quick and efficient access to one of the largest consumers of electronic products.
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Skilled labor force: The country has a highly skilled and competitive labor force, which increases its attractiveness as a destination for global electronics manufacturing.
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Presence of major manufacturers: Major leaders in the electronics industry, such as Foxconn, Flex, Sanmina and Benchmark, have operations in Mexico, consolidating the country as a key electronics manufacturing hub.
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Intellectual property protection: Mexico offers a robust legal environment that protects intellectual property, which generates confidence among investors and companies in the sector.
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Tariff benefits: Thanks to trade agreements such as the T-MEC, Mexico stands out from traditional competitors such as China and India, offering favorable tariff conditions that favor the growth of electronics manufacturing.
Energizing the future: advances in Mexican electronics manufacturing
Mexico's electronics manufacturing industry, especially within the NAICS 334 sector, is in a landscape of innovation and growth, encompassing a wide range of products for both consumer and industrial markets. This sector includes the manufacture of computers and peripheral equipment (SCIAN 3341), to printers and other devices essential for personal computing and office automation.
How to take advantage of the opportunities offered by the electronics industry in Mexico?
The electronics industry in Mexico is booming, driven by large companies and innovation centers. American Industries facilitates entry into the Mexican market, supporting companies in the selection of strategic locations, the design of legal structures, the hiring and training of personnel, as well as the management of administrative processes, ensuring that the operation runs efficiently and continuously
Would you like to manufacture in Mexico?
American Industries is the ideal partner for companies looking to establish or expand their operations in the country, providing strategic support and a protection program.
Want to learn more about the electronics industry in Mexico or receive a free business analysis? Contact us and let us help you take advantage of the potential of this thriving sector.
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MANUFACTURING INDUSTRIES IN MEXICO
