Mexico's industrial activity decelerated its monthly advance for the second consecutive time in December, mainly affected by the drop in construction, the statistics institute, INEGI, informed on Thursday.
MANUFACTURING IN MEXICO
The U.S. Food and Drug Administration (FDA) issued an import alert for all gel disinfectants from Mexico for possible traces of methanol in the products. This is the first time the FDA has issued a nationwide import alert for any type of product.
Mexico is the first U.S. supplier of harnesses (cable sets), parts for seats, brakes, and gearboxes for cars, parts for air conditioners, engines of a capacity greater than 21,000 cm3, and electrical supports for a voltage less than or equal to 1,000v.
A strong example of the confidence Americans have in the Mexican workforce is that of all its imports of inflatable safety bags from the automotive sector, 81.6% was manufactured in Mexican plants. Mexico not only leads the external supply of all the above basket of products, but participates with a high percentage of total U.S. imports of those same goods.
Mexico supplied during 2019, 70.7% of the harnesses, 59.4% of the parts for seats, 48.7% of the parts for air conditioning, 40.3% of the engines with a cylinder capacity greater than 21,000cm3 and 39.6% of electrical supports for a voltage less than or equal to 1,000 v.
Mexico became last year's largest trading partner of the United States, a condition that remained in the first quarter of 2020, benefited by lower production costs, the elimination of tariffs in North America, geographical proximity, and an abundant workforce with proven skills for manufacturing.