Oaxaca (13.5%), Quintana Roo (8.9%) and Baja California Sur (5.9%) were the Mexican states that showed the best performance in their industrial activity in February 2026 compared to last January, the National Institute of Statistics and Geography (Inegi) announced  .

According to the Monthly Indicator of Industrial Activity by Federal Entity (IMAIEF) —which provides information on the behavior of industrial activity in the states—, Sonora and Nayarit also stood out in their industries during the period.

Conversely, the states that reported the largest drops in the second month of the year compared to January 2026 were Veracruz with a drop of 3.7%, Guerrero with a decrease of 3.5% and Morelos with a decline of 2.8 percent.

In its annual measurement, the entities where industrial activity showed the greatest progress were Hidalgo, Colima and Tamaulipas, with 20.7%, 15% and 14%, respectively, during February 2026.

The states with the largest year-on-year declines in their industrial activity were Quintana Roo with 23.7%, Morelos with 12.5%, and Durango with 10.6%.

Industrial activity by sector

In February 2026,  manufacturing industries  showed significant progress in Tabasco, Hidalgo and Puebla at an annual rate.

In  construction , the largest increases occurred in the State of Mexico, Colima, Hidalgo, Tlaxcala, Tamaulipas and Nayarit.

The  mining sector  registered increases in Tamaulipas, State of Mexico, Chiapas, Veracruz and Yucatan.

In the generation, transmission, distribution and marketing of electricity, water supply and natural gas by pipeline to the end consumer,  the increases in Nayarit, Durango, Chiapas, Colima, Querétaro and Campeche stood out at an annual rate.

Industrial performance in some Mexican states has shown progress, although the country faces a complex economic situation stemming from global tariff uncertainty.

This is compounded by a slowdown in the Mexican economy, which has paused investments and infrastructure projects in the country.

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In November 2025, the states of Hidalgo, Quintana Roo, and Veracruz showed better performance in their industrial activity compared to other federal entities in Mexico, with monthly increases of 14.4%, 8.7%, and 4.7% , respectively, the National Institute of Statistics and Geography (Inegi) announced on Tuesday .

Nuevo León, Chiapas and Aguascalientes were also among the states that stood out in their industrial activity during the period, according to the Monthly Indicator of Industrial Activity by Federal Entity (IMAIEF) .

Conversely, the states that reported the largest declines last November compared to October 2025 were Nayarit with a decrease of 14.4%, Guanajuato with a decrease of 3.8%, and Michoacán with a slowdown of 2.4%.

On an annual basis, the entities where industrial activity showed the greatest progress were Hidalgo with 30.3%, Baja California Sur with 15.9% and Sinaloa with 13.5 percent.

Meanwhile, the states that saw the greatest decrease in their industrial activity were Quintana Roo with 30.3%, Campeche with 15.5%, and Coahuila with 10.6% annually.

Regarding activity by sector, Tabasco, Hidalgo, and Oaxaca had significant progress in the manufacturing industries sector  in their annual measurement during November 2025.

In construction , the largest increases occurred in Jalisco, Sinaloa, Aguascalientes, Nuevo León, Hidalgo and Baja California Sur.

The mining industry registered notable increases in Tamaulipas, State of Mexico, Chiapas, Sinaloa and Veracruz.

In the generation, transmission, distribution and marketing of electricity, water supply and natural gas by pipeline to the end consumer , the increases stood out in Querétaro, Tlaxcala, Chiapas, Sinaloa, Nayarit and Oaxaca.

Industrial performance in some Mexican states has been positive, despite the complex economic situation triggered by global tariff uncertainty; however, the country remains attractive to foreign capital, which invests in Mexican industry.

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In August 2025, the states of Sonora, Tamaulipas, and Veracruz showed better performance in their industrial activity compared to other federal entities in Mexico, with monthly increases of 10.9%, 3.8%, and 2.9%, respectively, the National Institute of Statistics and Geography (Inegi) announced this Wednesday .

Puebla and Baja California Sur were also among the states that stood out in their industrial activity during the period, according to the  Monthly Indicator of Industrial Activity by Federal Entity (IMAIEF) .

Conversely, the states that reported the largest drops last August compared to July 2025 were Nayarit with 9.1%, Quintana Roo with 5.9% and Coahuila with 3.3 percent.

On an annual basis, the entities where industrial activity showed the greatest progress were Michoacán with 21.3%, Baja California Sur with 18.2% and Tamaulipas with 7.8 percent.

Meanwhile, the states that saw the greatest decrease in their industrial activity were Quintana Roo with 41.4%, Campeche with 15.8%, and Durango with 13.6% annually.

Regarding activity by sector, Michoacán, Tabasco, Hidalgo, Sonora and San Luis Potosí had significant advances in the manufacturing industries sector , in their annual measurement during August 2025.

In construction , the largest increases occurred in Baja California Sur, Tamaulipas, Baja California, Zacatecas, Colima and Sonora.

The mining industry registered notable increases in Tamaulipas and Chiapas, as well as in Veracruz, Baja California, Zacatecas and Durango.

In the generation, transmission, distribution and marketing of electricity, water supply and natural gas by pipeline to the end consumer , the increases recorded in Guanajuato, Querétaro, Yucatán, Campeche and Colima stood out.

Industrial performance in some Mexican states has been positive, despite the complex economic situation triggered by global tariff uncertainty.

According to industry analysts, another factor affecting Mexican industrial performance is weak public and private investment in infrastructure, the slowdown in global trade, and lower external demand for Mexican goods, which impacts national manufacturing.

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Industrial activity in Mexico registered a slowdown in 18 states in June 2025, while the remaining 14 showed better performance, with Nayarit, Sinaloa and Tamaulipas standing out, with 6.9%, 5% and 2.9% monthly increases, respectively, according to the National Institute of Statistics and Geography (INEGI) .

According to the  Monthly Indicator of Industrial Activity by State (IMAIEF) , which provides information on the performance of industrial activity in the states, Querétaro, the State of Mexico, Sonora, and Colima also excelled in their industries during the period.

Meanwhile, the states that reported the largest declines last June compared to May 2025 were Quintana Roo with 21.8%, Chiapas with 8.4%, and Campeche with 6.1%.

In its annual measurement, the states where industrial activity showed the greatest growth were Nayarit, Baja California Sur, and Michoacán, with 21.4%, 21.2%, and 20.6%, respectively, in the sixth month of the year.

On the other hand, the states that showed the greatest decline in industrial activity on an annual basis were Quintana Roo (50.5%), Campeche (17.3%), and Durango (17%).

Performance by sectors

In June 2025, manufacturing industries showed significant annual growth in Tabasco, Michoacán, Hidalgo, Chiapas, and San Luis Potosí.

In construction , the largest increases occurred in Baja California Sur, Guanajuato, Nayarit, Mexico City, Jalisco, Sinaloa and Coahuila.

The mining sector registered increases in Tamaulipas, Michoacán, Chiapas, Jalisco, Colima, and Veracruz.

In the generation, transmission, distribution and marketing of electric power, water supply and natural gas supply through pipelines to the final consumer , the increases stood out in Nayarit, Oaxaca, San Luis Potosí, Michoacán, Tamaulipas, Guanajuato and Guerrero.

It’s worth remembering that the  Monthly Industrial Activity Indicator (IMAI)  fell  0.1%  in the sixth month of the year on a monthly basis. In its annual measurement, the IMAI also decreased, falling  0.8% , reflecting a decline in industrial activity in the country.

Industrial performance in some Mexican states has shown progress, although the country faces a complex economic situation stemming from global tariff uncertainty.

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States in southern and southeastern Mexico showed improved industrial performance in May 2025 and have weathered the economic crisis facing the country and the world, resulting from protectionist trade measures by the United States.

In this regard,  Quintana Roo, Guerrero and Chiapas recorded the best performance in terms of their industrial activity by federal entity in the fifth month of the year, with monthly increases of 22.4%, 12.8% and 12.6% , respectively, the National Institute of Statistics and Geography (INEGI) announced this Wednesday  .

According to the  Monthly Indicator of Industrial Activity by State (IMAIEF) , which provides information on the performance of industrial activity in the states, San Luis Potosí, Hidalgo, Tabasco, and Yucatán also had optimal performance in their industries during the period.

Meanwhile, the states that showed the largest declines last May compared to April 2025 were Durango with 4.6%, Tamaulipas with 4.5%, and Sonora with 2.8%.

In its annual measurement, the states where industrial activity showed the greatest growth were Hidalgo, Baja California Sur, and Nuevo León, with 15.2%, 12.8%, and 11.3%, respectively, in the fifth month of the year.

On the other hand, the states that showed the greatest decline in industrial activity on an annual basis were Quintana Roo (40.9%), Durango (17.2%), and Campeche (13.8%).

Industrial activity by sector

In the fifth month of the year, Tabasco, Hidalgo, Nuevo León, Chiapas, and San Luis Potosí recorded significant annual growth in manufacturing industries , reported INEGI.

In construction , the largest increases occurred in Guanajuato, Mexico City, Baja California Sur, State of Mexico, Aguascalientes, San Luis Potosí, Zacatecas, Sinaloa and Coahuila.

During this period, the mining sector registered increases in Chiapas, Michoacán, Veracruz, Mexico City, Guanajuato, Baja California Sur, and Tlaxcala.

In the generation, transmission, distribution and marketing of electric power, water supply and natural gas supply through pipelines to the final consumer , Guanajuato, Michoacán, Tamaulipas, Oaxaca, Morelos and Baja California showed increases in their industrial activity.

Despite global tariff uncertainty, industrial performance in some Mexican states has made progress, although the country is facing a complex economic situation, which is beginning to show signs of recovery.

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Federal entities in the Bajío, central, and northern regions of Mexico recorded increases in industrial activity during April 2025, despite the country’s complex economic environment caused by the global tariff war.

At a monthly rate, Puebla , with 5.2%; Sonora , with 2.8%; and Aguascalientes , with 2.7%, showed increases in their industrial activity in the fourth month of the year, the National Institute of Statistics and Geography (Inegi) announced this Friday .

Sinaloa, Mexico City, and Colima also performed well, with growth rates of 2.4%, 2.4%, and 2.1%, respectively, compared to the previous month, according to the Monthly Indicator of Industrial Activity by State (IMAIEF) , which provides information on the performance of industrial activity in the states.

The largest declines in the country during April 2025 were reported in Guerrero, with 11.9%; San Luis Potosí, with 7.7%; and Quintana Roo, with 4.5% monthly.

In the annual measurement, the states where industrial activity grew the most during the period were Tamaulipas, with 9.8 percent; Baja California Sur, with 9.4 percent; and Guanajuato, with 8.7 percent.

The states that showed the greatest decline in industrial activity on an annual basis were Quintana Roo, Campeche, and Tabasco, with 45.9%, 19.6%, and 16.4%, respectively.

Activity by sectors

According to the INEGI report, significant progress was recorded in the manufacturing sector during April 2025 in Tabasco, Hidalgo, Nayarit, Sonora, and Nuevo León, at an annual rate.

In construction , the largest increases occurred in Guanajuato, Baja California Sur, Mexico City, Aguascalientes and Coahuila.

At an annual rate and with original figures, in April 2025, the mining sector also saw notable increases in Tamaulipas, Chiapas, Guanajuato, Veracruz, Mexico City, and Guerrero.

In the generation, transmission, distribution and marketing of electric power, water supply and natural gas supply through pipelines to the final consumer , the increases stood out in Guanajuato, Morelos, Chiapas, Michoacán, Guerrero, Tamaulipas and Baja California.

Figures released this Friday by the National Institute of Statistics and Geography (INEGI) point to slight growth in industrial activity in some Mexican states. According to the Ministry of Economy (SE) , manufacturing represents around 20% of the country’s Gross Domestic Product (GDP), making it one of the most important sectors of the Mexican economy, especially in industries such as the automotive industry.

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Baja California Sur, with 4.5%; San Luis Potosí, with 4.2%; and Colima, with 2.1% monthly, were also among the states that stood out in terms of industrial activity during the period, according to the Monthly Indicator of Industrial Activity by Federal Entity (IMAIEF) .

In that month,  16 states showed monthly contractions . Durango, Tlaxcala, and Nuevo León reported the largest declines, with 8%, 6%, and 3.9%, respectively.

On an annual basis, in the third month of the year, the states where industrial activity grew the most were Baja California Sur, Nayarit, and San Luis Potosí. In contrast, Quintana Roo, Tabasco, and Campeche showed declines in the cycle.

At an annual rate, in March 2025, the manufacturing sector showed significant growth , showing significant progress in Tabasco, San Luis Potosí, Morelos, Nayarit, and the State of Mexico.

In construction , the largest increases occurred in Guanajuato, Jalisco, Oaxaca, Mexico City and Baja California Sur.

Generation, transmission, distribution, and marketing of electric power, water supply, and natural gas pipelines to end consumers  registered increases in Guanajuato, Guerrero, Chiapas, Colima, and Michoacán.

Meanwhile, the mining sector showed optimal performance in Tamaulipas, Colima, Guerrero, Guanajuato, Chiapas, Mexico City, and Veracruz on an annual basis.

The global and Mexican mining industries are once again in the crosshairs of US President Donald Trump , who, in addition to imposing tariffs on steel and aluminum, is now seeking to impose a 50% rate on copper, although he has not yet provided further details of this new tariff plan.

In light of the potential imposition of such a measure, Mexican President Claudia Sheinbaum said at her morning press conference on Wednesday that a strategy is already being developed that includes bilateral negotiations and export diversification.

He also announced that starting this weekend, a Mexican delegation, led by Marcelo Ebrard, head of the Ministry of Economy , will travel to the United States to begin bilateral talks, with the goal of reaching a comprehensive agreement  on various issues, including trade and security.

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Industrial activity in Mexico showed some signs of recovery and growth in February 2025, the month in which the United States would begin imposing 25% tariffs on various Mexican products.

In this regard, Quintana Roo, Durango, and Guanajuato recorded the best performance in terms of industrial activity by federal entity in the second month of this year, with increases of 34.5%, 10.3%, and 7.5% monthly, respectively, reported the  National Institute of Statistics and Geography (INEGI) .

According to the  Monthly Indicator of Industrial Activity by State (IMAIEF) , which provides information on the performance of industrial activity in the states, Tlaxcala, with a 6% increase, and Sinaloa, with a 4.5% increase, also had optimal performance in their industries during the period.

On the other hand, the states that showed the largest declines last February compared to January 2025 were Hidalgo, with 7.8%; Nayarit, with 4.6%; Colima, with 2.6%; and Mexico City, with 2.3%.

On an annual basis, in the second half of this year, the states where industrial activity grew the most were Oaxaca, with 21.7%; Guerrero, with 12.6%; Zacatecas, with 10.6%; Guanajuato, with 9.7%; and Nayarit, with 8.7%.

Meanwhile, the states that saw the greatest annual decline in industrial activity were Quintana Roo, with 48.1 percent; Tabasco, with 19.2 percent; Campeche, with 14.8 percent; Hidalgo, with 12.2 percent; and Coahuila, with 4.8 percent.

Industrial behavior by sectors

Inegi reported that in February 2025, Oaxaca, Tlaxcala, Morelos, Baja California and Baja California Sur registered annual rate advances in the manufacturing industry sector .

In construction , the largest increases occurred in Durango, Guanajuato, Mexico City, Coahuila, Puebla and the State of Mexico.

At an annual rate, in February 2025, the mining sector saw notable increases in Colima, Zacatecas, Mexico City, Chiapas, and Jalisco.

In the generation, transmission, distribution and marketing of electric power, water supply and natural gas supply through pipelines to the final consumer , the increases in Guanajuato, Guerrero, Chiapas, Nayarit and Quintana Roo stood out, also at an annual rate.

Amid uncertainty surrounding global tariff policy, industrial performance in Mexico’s states is showing positive signs, according to the current INEGI report.

However, analyst firms such as CIAL Dun & Bradstreet have noted that the country is facing a complex situation, characterized by stagnant productive activity and a slowdown in employment, so these developments should be viewed with caution.

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According to the  Monthly Indicator of Industrial Activity by State (IMAIEF) , which provides information on the performance of industrial activity in the states, Tlaxcala, with a 2.6% increase , and Aguascalientes, with a 2.2%increase , also recorded optimal performance in their industries during the period.

The states that had the largest monthly rate drops were Quintana Roo with 42.1% , Chiapas with 11.1% , Coahuila with 4.1% , Guanajuato with 3.6% , Baja California Sur and Tabasco with 3.2% each.

At an annual rate, in the first month of this year, the entities where industrial activity showed the greatest increase were Hidalgo with  11.1% , Baja California Sur with  9.8%  and Oaxaca with  8.5 percent .

On the contrary, the states that showed the greatest decrease in their industrial activity were Quintana Roo with 57.9% , Campeche with 23.3%and Tabasco with 22.7% at an annual rate.

Industrial activity by sector

According to the INEGI indicator, in January 2025, the  manufacturing sector saw annual growth in Baja California, Nayarit, Morelos, and Tabasco.

In  construction , the most significant increases in the period in question occurred in Hidalgo, Baja California Sur, Coahuila, Oaxaca, Mexico City and Durango.

In  the generation ,  transmission ,  distribution and marketing of electric energy ,  water supply and natural gas supply through pipelines to the final consumer,  progress was made in January 2025 in Guanajuato, Colima, Chiapas, Puebla and Yucatán.

At an annual rate, the mining sector saw notable increases in Zacatecas, Mexico City, Colima, Veracruz, and Jalisco.

This behavior of industrial activity in Mexico’s states occurs in the context of a tariff war promoted by the United States and paused for 90 days, which has affected the Mexican economy, which faces a complex situation, characterized by a stagnation of productive activity and a slowdown in employment, according to  CIAL Dun & Bradstreet .

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Chiapas, Durango and Baja California Sur showed the  best performance in terms of industrial activity by federal entity in November 2024, with monthly growth rates of 10.7% ,  10.2% and 6.6% , respectively, according to information from the National Institute of Statistics and Geography (Inegi) .

According to the  Monthly Indicator of Industrial Activity by Federal Entity (IMAIEF) , which provides information on the behavior of industrial activity in the states, Guerrero, with an increase of 5.8% , Nayarit and Oaxaca, each with a monthly increase of 5.3% , were also among the entities with optimal performance in their industries during said period.

In that month,  13 federal entities showed contractions . Quintana Roo was the state with the largest drop in its industrial activity with  61.2%annually; followed by Campeche with  15.8% , and Tabasco with  9.9 percent .

The other states that showed an annual decrease were Aguascalientes, Chiapas, Mexico City, Hidalgo, Jalisco, Michoacán, Nayarit, Sinaloa, Sonora and Tlaxcala.

On an annual basis, in the eleventh month of last year, the entities where industrial activity showed the greatest growth were Oaxaca, Guerrero, Baja California Sur, Durango and Colima.

Industrial activity by sectors

According to the Inegi indicator, in November 2024,   progress was recorded in the manufacturing industries sector in Oaxaca, Tabasco, Tamaulipas and Morelos.

In  the generation ,  transmission ,  distribution and marketing of electric energy ,  water supply and natural gas supply through pipelines to the final consumer,  Campeche, Guerrero, Chiapas, Michoacán and Puebla showed progress in November 2024.

Meanwhile, in the  mining sector , Veracruz, Zacatecas, Chiapas, Michoacánand Jalisco were the states with the highest increases in this industry in the penultimate month of 2024.

These figures come in the context of a suspension of 25% tariffs by US President Donald Trump on Mexican products covered by the United States-Mexico-Canada Agreement (T-MEC) until April 2.

This scenario could reflect what would happen in other sectors, such as certain mining products, including steel and aluminum , whose 25% tariffs on all imports from the United States are scheduled for March 12, which would affect Mexico and Canada, trading partners of our northern neighbor.

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