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Tariffs vs. Resilience: Mexican Industries at Risk and Those Poised for Growth
New U.S. tariffs are reshaping Mexico’s economic landscape. While some industries face steep challenges—like automotive, steel, and agriculture—others, such as electric vehicles, renewable energy, and IT, are turning risks into opportunities.
Moises Marcos
4/1/20251 min read
Most Affected Industries
Automotive & Auto Parts – A large portion of Mexican production is exported to the U.S.
Electronics – Products like screens, chips, and appliances are at risk.
Steel & Aluminum – 25% tariffs on steel and 10% on aluminum will hit the industry hard.
Agriculture & Food Exports – Shipments of avocados, tomatoes, tequila, and beer could become more expensive.
Manufacturing – Factories relying on imported supplies will face higher costs.
Aerospace – Integrated into the U.S. supply chain, it may lose competitiveness.
Textiles & Apparel – Rising production costs will hurt exporters.
Medical Devices – Mexico is a key exporter of medical supplies to the U.S.
Furniture & Wood Products – This industry heavily depends on the U.S. market.
Industrial Machinery & Equipment – Exports of tools and machinery for construction and manufacturing will be impacted.
Resilient Industries with Growth Opportunities
Biotechnology – Growth in health, agriculture, and food innovation, leveraging Mexico’s biodiversity.
Electric Vehicles & E-Mobility – Attracting foreign investment, particularly from Asia, as companies expand into Latin America and Europe using Mexico’s free trade agreements.
Smart Manufacturing – Automation and digitalization to boost competitiveness.
Retail & Distribution Centers – Expansion of companies like Walmart strengthens the domestic market.
Renewable Energy – Rising investments in solar and wind power, driven by global energy transition and demand for sustainable sources.
IT & Cybersecurity – Growing demand for software, digital services, and data protection.
Tourism & Hospitality – Boom in domestic and international tourism due to favorable exchange rates.
Pharmaceuticals & Medical Devices – Growth in medical supply exports and generic drug development.
Logistics & Transportation – U.S.-Mexico integration will keep demand resilient despite tariffs.
Construction & Infrastructure – Investments in strategic projects like industrial corridors and mobility.