In 2023, the production value of manufacturing industries in Mexico reached 10.78 trillion pesos , which represented a decrease of 2.1% compared to 2022, announced the National Institute of Statistics and Geography (Inegi) .

According to the Annual Survey of the Manufacturing Industry (EAIM) , the subsectors with the greatest decrease in that year were petroleum products with 26.6% , basic metal industries with 15.5% , wood with 9.9% , textile input manufacturing with 9.6% , and the chemical industry with 9.5 percent .

Meanwhile, the sectors with the greatest growth were printing and related industries with 9.4% , manufacturing of transport equipment with 5.5% , non-metallic mineral-based products with 4.5% , food industry with 2.9% and manufacturing of computer equipment with 2.8 percent .

According to the agency, net sales of products manufactured in the manufacturing industry sector in 2023 represented the main concept within the income from the supply of goods and services, contributing 90.7% , followed by income from maquila with 8.5% and other income from the supply of goods and services, with 0.8 percent .

The industries that represented the largest share of net sales of manufactured products in relation to income from the supply of goods and services were: petroleum products with 99.7%, beverage and tobacco industries with 99.2%, food with 98%, chemicals with 97.6%, and paper with 97.3 percent.

On the other hand, the subsectors with the highest share of maquila revenues compared to revenues from the supply of goods and services were the manufacturing of computer equipment with 71.3% and other manufacturing industries with 62 percent .

In turn, production machinery and equipment , as well as real estate , represented the most important fixed assets in the manufacturing industry sector; both accounted for more than 92% of the total for this item for the period 2021-2023.

The Annual Survey of the Manufacturing Industry showed negative annual variations in five of its main variables, where personnel employed and hours worked each decreased by 0.6% compared to 2022. The indicator of the value of manufactured products also showed the same behavior , with a decrease of 2.1% compared to 2022.

Expenditures on consumption of goods and services registered a decrease of 1.9% , and income from the supply of goods and services reported a fall of 1.6% over 2022. The only variable with growth was the value of total fixed assets , with an increase of 1.7 percent .

In the run-up to the review of the Treaty between Mexico, the United States and Canada (T-MEC) , which will take place in 2026, various indicators, some of which are part of this survey, will be part of the dialogue of the regional trade agreement, so it is important to monitor them, a task in which the Cuarto de Junto participates , which is a mechanism that will analyze specific aspects of the T-MEC, such as  market access and rules of origin , as well as the one referring to the labor issue , among others.

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