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Aerospace Sector in Mexico is forecasting exports for US$6 billion

Admin | 25.01.2013

Exports by aerospace industry in Mexico are expected to reach US$6 billion in 2013, which is US$1.5 billion over 2012, Alejandro Bravo, Partner in KPMG Consultants Firm and leader of this Mexican economic sector, affirmed.

Exports by aerospace industry in Mexico are expected to reach US$6 billion in 2013, which is US$1.5 billion over 2012, Alejandro Bravo, Partner in KPMG Consultants Firm and leader of this Mexican economic sector, affirmed.

Last year, according to KPMG’s figures, exports of aerospace goods exceeded US$4.5 billion, while in 2011 they amounted to US$4 billion.

According to KPMG’s forecasts, exports by aerospace industry in Mexico should be over US$7.5 billion, with 30% of domestic contents (production from Mexican companies) and more than 350 companies participating in the production chain.

The Mexican Federation of Aerospace Industry, Federacion Mexicana de la Industria Aeroespacial (FEMIA), estimates that this sector generates 30,000 jobs in 18 states in Mexico, and that 255 companies, of which 160 are local companies, participate in the aerospace production chain.

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