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Plan México sets ambitious goals

May 1, 2025
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Why This is Important to Wisconsin: Wisconsin companies may play a role in the supply chain.

Manufacturing is a key element of Mexico’s economy, and a plan introduced in January 2025 by President Claudia Sheinbaum would strengthen its role and heighten its visibility worldwide.

Plan México is a six-year strategy to promote economic growth through collaborations between the federal government and the private sector.

The plan’s objectives include:

• Creating 1.5 million high-value jobs in advanced manufacturing and key strategic industries
• Expanding participation in global supply chains by 15% in industries such as automotive, aerospace, electronics, and semiconductors‎
• Increasing vehicle production for domestic consumption by 10% and boosting locally manufactured components in vehicles by 15%
• Ranking among the top 10 countries in aerospace production value

Sheinbaum wants Mexico’s economy to become one of the 10 largest worldwide.

Manufacturing accounts for 20% of Mexico’s gross domestic product (GDP), according to the U.S. Department of Commerce’s International Trade Administration (ITA). In terms of advanced manufacturing, Mexico is considered a leader in Latin America and is among the five largest importers of that type of technology globally, ITA said.

Advanced manufacturing is most commonly utilized in sectors such as aerospace, automotive, medical equipment, and electronics. In 2023, Mexico had 5,868 robot installations, mostly in the automotive industry, ITA said.

Plan México calls for training more workers in automation and semiconductors.

Metal mechanics also plays a significant role in Mexico, contributing 14% to the manufacturing GDP in 2021, according to the ITA. Metal mechanics involves metalworking machinery and all types of metal transformation.

Mexico purchased $11.2 billion in metal parts from the U.S. in 2021, making it the U.S.’s second-largest partner, as well as $2 billion in metal mechanics machinery, the ITA said.

Wisconsin companies that produce metal components or are involved in advanced manufacturing may find opportunities to play a role in Mexico’s effort to gear up its manufacturing sectors.

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