« Insights > Maquiladora

Maquiladora industry, mainstay of the economy in Mexico

Karla Salinas | 13.03.2014

The maquiladora industry has become the mainstay of the country and an important source of jobs, with more than 5000 plants and just under 2.1 million people employed, which represent around 50% of formal jobs registered with the IMSS in processing industry, says a study by the International Consultants firm.

The research highlights the northern border region, where more than 70% of the formal industrial employment is provided by the maquiladoras. It also says that the industry contributes most of the manufactured exports of the country.

According to information from the National Council of the Maquiladora and Export Manufacturing Industry (Index), the 195.490 million that the IMMEX exported in 2013, represent 62% of total manufacturing exports.

source: unomasuno