2021 Edition

Maquiladora overview in Mexico

Fernando Acosta
Por:
Fernando Acosta
16 jun. 2021Lectura de 1 minutos
The Maquiladora Industry in Mexico has played an important role since its inception, considering that it has contributed to the creation of employment sources and to the strengthening of the country's trade balance.

In addition, it has established itself as an important engine of industrial development in Mexico by promoting and increasing international competitiveness, industrial development and technology transfer, a situation that has allowed it to appear as the second largest source of foreign exchange in the country.

The development of this industry helped border cities such as Tijuana and Ciudad Juarez that at the time were outside the main consumer markets of the country who triggered the social and economic growth of their entities. Today, the maquila industry has grown significantly, and its location has diversified to other regions far from the border with the United States.

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