ADVERTISEMENT

DON'T MISS OUR PREMIUM CONTENT

SUBSCRIBE
LOGIN
T21
  • Login
  • Register
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine
  • ESG
No Result
View All Result
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine
  • ESG
No Result
View All Result
T21
No Result
View All Result
Home Economy

Baja California: An expanding economic engine

The state will host the Cali-Baja Transportation and Logistics Meeting (ETYL), organized by Grupo T21.

T21 Media by T21 Media
9 May, 2025
5
SHARES
ShareShareShare

Baja California has established itself as a fundamental pillar of Mexico ‘s economic development . Through a combination of foreign investment, growth in the manufacturing industry, and sustainable efforts, the region has demonstrated its ability to attract capital and foster progress.

According to data from the Baja California Secretariat of Economy and Innovation , the economic impact generated in the state between January 2024 and January 2025 reached 263,072 million pesos (mdp) , strengthening various productive areas.

One of the key factors in this growth has been the export manufacturing industry, in which Baja California continues to stand out as a leader.

Likewise, organizations such as Index Zona Costa Baja California have boosted the state’s competitiveness, ensuring that more than 150 projects from the national investment portfolio are concentrated in the region.

Foreign direct investment has also been instrumental in strengthening the state’s economy. In 2024, the state received $2.4385 billion in foreign investment, with the United States as its main trading partner, contributing $1.650 billion . The manufacturing industry accounted for 72.34% of these resources, according to the state’s Ministry of Economy and Innovation.

The phenomenon of relocating production lines in Mexico, known as nearshoring , has been another key element in the state’s growth, attracting between $ 500 million and $1 billion in foreign direct investment by 2023 .

The Port of Ensenada has emerged as a strategic point within this process, thanks to its privileged location and developing infrastructure.

However, Ensenada ‘s port activity has faced challenges due to U.S. tariff policies. During the first quarter of 2025 , total cargo throughput at the port decreased by 14.3% year-over-year, impacting trade dynamics. Despite this, Baja California ‘s overall growth remains positive.

In the productive sector, national revenues from the Manufacturing, Maquiladora and Export Services Industry Program (IMMEX) have shown an upward trend, rising from 3,385.32 billion pesos in January 2024 to 4,550.2 billion pesos in January 2025 , supporting the state’s competitiveness and its ability to strengthen its export industry.

Additionally, in the third quarter of 2024, Baja California’s economically active population was 1.82 million people , with an unemployment rate of 2.72%, according to data from the federal Ministry of Economy .

Economic growth has also impacted the state’s Gross Domestic Product (GDP) . In 2023 , Baja California recorded a GDP of 951.66 billion pesos , a 3.5% increase compared to 2022 , reflecting the dynamism and financial stability that has characterized the region in recent years, according to data from the National Institute of Statistics and Geography (INEGI) .

To continue consolidating its role in national development, Baja California will host the Transportation and Logistics Meeting (ETYL) CALI-BAJA 2025 , organized by Grupo T21, which will take place at the Grand Hotel Tijuana on May 14 and 15. To register, go to the page baja.etylmx.com/.

Comment and follow us on X: @GrupoT21

Tags: Baja CaliforniaCOVEECONOMIC SPILLECONOMYETYL 2025GDP

Related news

The US will reduce tariffs on the Mexican auto industry: Ebrard

The US will reduce tariffs on the Mexican auto industry: Ebrard

20 May, 2025
ETYL Cali-Baja kicks off with a call for logistics connection

ETYL Cali-Baja kicks off with a call for logistics connection

14 May, 2025
ANIQ appoints José Carlos Pons de la Garza as its new president.

ANIQ appoints José Carlos Pons de la Garza as its new president.

30 April, 2025
UNCTAD estimates weak global economic growth due to US tariff policy

UNCTAD estimates weak global economic growth due to US tariff policy

16 April, 2025
Next Post
Manufacturing jobs are the most exposed to US tariff policy.

Manufacturing jobs are the most exposed to US tariff policy.

Winners of the 2025 CIP-OAS Port Industry Excellence Award announced

Winners of the 2025 CIP-OAS Port Industry Excellence Award announced

Featured Video

https://www.youtube.com/watch?v=9df6l4A59pk

Most Read

  • PINFRA negotiates with global giant for sale of Altamira Port terminal

    PINFRA negotiates with global giant for sale of Altamira Port terminal

    5 shares
    Share 2 Tweet 1
  • Plan Mexico to Boost Regional Value Chains

    5 shares
    Share 2 Tweet 1
  • Activity resumes at the Port of Manzanillo after customs workers’ strike

    5 shares
    Share 2 Tweet 1
  • The Saltillo-Nuevo Laredo train will cost more than 138 billion pesos

    5 shares
    Share 2 Tweet 1
  • Mexican exports to increase in 2024; trade balance shows deficit: Inegi

    5 shares
    Share 2 Tweet 1
  • Heavy Vehicle Industry in Mexico Closes November with Record Results

    5 shares
    Share 2 Tweet 1

Web Stories

Ver todas
índice de Confianza del Transporte y Logística – Cuarto trimestre 2023
10 destinos de exportación de vehículos pesados 2023
Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023
La venta de vehículos pesados rompe récord en 2023
5 marcas de camiones más vendidas

Categories

  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine

Other Links

Contact Us
Advertising contact
Media Kit
Privacy Policy
Cookies policy
  • Contact Us
  • Privacy Policy
  • Cookies policy (EU)

© 2024 T21-US - All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage cookie consent
To offer the best experiences, we use technologies such as cookies to store and/or access device information. Consent to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Failure to consent, or withdrawal of consent, may adversely affect certain features and functions.
Funcional Always active
El almacenamiento o acceso técnico es estrictamente necesario para el propósito legítimo de permitir el uso de un servicio específico explícitamente solicitado por el abonado o usuario, o con el único propósito de llevar a cabo la transmisión de una comunicación a través de una red de comunicaciones electrónicas.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Estadísticas
El almacenamiento o acceso técnico que es utilizado exclusivamente con fines estadísticos. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
El almacenamiento o acceso técnico es necesario para crear perfiles de usuario para enviar publicidad, o para rastrear al usuario en una web o en varias web con fines de marketing similares.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Ver preferencias
{title} {title} {title}
No Result
View All Result
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinión
  • Magazine
  • ESG

© 2023 T21. Todos los derechos reservados

Cookies on this website are used to personalize content and ads, provide social media features and analyze traffic. Additionally, we share information about your use of the website with our social media, advertising and analytics partners who may combine it with other information that you have provided to them or that they have collected from your use of their services. Learn more at Privacy Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas