Mexico’s manufacturing sector spans nine major industries that collectively export over $300 billion annually to the United States. From automotive—the country’s largest manufacturing segment at $104.8 billion in exports—to fast-growing sectors like aerospace, medical devices, and furniture, these industries thrive because of proximity to the U.S. market, a 50-nation trade network, and competitive labor costs … Continued
When most people think of products made in Mexico, they think of avocados, tequila, and maybe the pickup truck in their driveway. They’re not wrong — Mexico is the world’s fifth-largest vehicle producer. But automotive is one segment of a manufacturing base that now includes Class III medical implants, turbine blades for commercial jet engines, … Continued
What Is COFEPRIS? COFEPRIS (Comisión Federal para la Protección contra Riesgos Sanitarios) is Mexico’s federal authority responsible for protecting the population from health risks posed by the use of medical products, foods, and environmental factors. For medical device manufacturers, COFEPRIS is the equivalent of the U.S. FDA. It governs device classification, facility compliance, market authorization, … Continued
Why Mexico Dominates Medical Device Manufacturing for the U.S. Market Mexico is the number-one source of imported medical devices in the United States. Not second to Germany, not close behind China. First. The country supplies approximately one-fifth of all devices imported into the U.S. annually, and that position has been strengthening for years as manufacturers … Continued
Manufacturing in Mexico is how more than 5,000 foreign companies produce goods for the North American market. Competitive labor costs, integrated supply chains, and preferential trade access to 52 countries through 14 free trade agreements make it the most established nearshore manufacturing platform in the Western Hemisphere. In 2024, U.S.-Mexico bilateral trade reached $806.1 billion, … Continued
Mexico’s thriving manufacturing landscape offers lucrative opportunities for companies considering offshore manufacturing. With its strategic location, skilled workforce, and favorable trade agreements like the USMCA, Mexico has emerged as a top destination for offshore manufacturing operations. The top three manufacturing sectors in Mexico–the automotive, aerospace, and medical device industries–have capitalized on Mexico’s advantages, leveraging its … Continued
Nearshore manufacturing in Mexico fosters a paradigm of cross-border collaboration, where companies strategically align with partners across international boundaries to optimize production processes and supply chain efficiencies. By establishing manufacturing operations in Mexico, companies can leverage the expertise and resources of local partners while maintaining close coordination with their home offices. This collaborative approach facilitates … Continued
From diagnostics equipment and medical instruments to implants and medical sensors, demand for all types of medical devices is growing fast. So, too, is the demand for workforce and infrastructure to support growth in this essential sector. As of 2023, the medical device market was valued at more than $536 billion, but experts expect the … Continued
The global medical devices market size was valued at USD $512.29 billion in 2022, and it’s projected to grow from USD $536.12 billion in 2023 to USD $799.67 billion by 2030, exhibiting a CAGR of 5.9% during the forecast period. This explosive growth requires medical device and equipment manufacturers looking to expand to balance skilled … Continued
The city of Queretaro, and the small Mexican state of the same name, is home to one of Mexico’s most robust advanced manufacturing industries, and the state government is working to capitalize on this edge. The area’s investment in advanced manufacturing truly exploded around 2006 when Bombardier invested in a manufacturing facility and educational institution … Continued
