17 de Septiembre de 2014

Nuevo León economy

Nuevo León is one of most developed Mexican states in the economic area. We compete at an international level because of our enterprise and industrial activity.

Infrastructure

Nuevo Leon has a solid infrastructure for commerce and manufacturing:

  • 8-track border crossing with technology to accelerate inspections
  • Diploma-level schools and three of the best universities in Latin America
  • 57 industrial parks
  • Highways, trains and airport
  • Abundant gas supply and a good distribution infrastructure
  • Reliable electricity supply and the only biomass electricity plant in Latin America
  • Recycled water for industrial use (Monterrey recycles 100% of its water)


Companies based in Monterrey

People in Nuevo León take pride in our long entrepreneur tradition.



Businesses based in Monterrey

Industry

Alfa

Petrochemicals, food, telecommunications, car parts

Banorte

Banking

Cemex

Cement

Cydsa

Chemicals, plastics

Deacero

Iron

Femsa

Beverages, beer, commerce

Imsa

Metal-mechanics, autoparts

Maseca

Food

Multimedios

Communication media

Proeza

Car parts, food, software

Protexa

Construction, petrochemicals, tourism

Pulsar

Biotechnology, financial services

Quimmco

Metal-mechanics, autoparts

Softek

Software

Soriana

Commerce

Villacero

Iron

Vitro

Glass

Xignux

Electrical products, car parts, food



Some foreign businesses in Nuevo León

ABB

Elcoteq

Mitsubishi

Alcoa-Fujikura

General Electric

Phelps Dodge

BASF

John Deere

Pioneer

Caterpillas

Johnson & Johnson

Siemens

Celestica

LG Electronics

Toyota Tsuho

Danfoss

Mercedez Benz

Union Carbide



GDP

In 2004, Nuevo Leon’s GDP was 517,475 million pesos, representing 7.5% of the country’s. The graph below shows NL’s GDP in millions of 1993 constant pesos.

Gross Internal Product of 2006

Exports

Exports in Nuevo León grew from 10,414 million dollars in 2000 to 14,511 million dollars in 2006 (not including December 2006).

Trade balance of Nuevo León from 2000 to 2006

Employment

45% of the population is economically active . Out of them, 3% works in the primary sector (use of natural resources), 33% in manufacturing and 64% in services. Unemployment is 4.59%

Micro and small companies are the ones that employ more people in the state.


Company size

Employees

Micro

670,757

Small

370,580

Medium

293,731

Large

333,236

Government

59,762

Other

83,794


79% of workers earn more than two minimum wages. Minimum wages is $49.00 pesos in Apodaca, General Escobedo, Guadalupe, Monterrey, San Nicolás de los Garza, San Pedro Garza García and Santa Catarina, and $47.60 in the rest of the state.

Average wages of Nuevo León in 2008

Note [1]: A person that is regularly involved in economic activities, or tried to be involved in the last month.

Sources: Data NL, INEGI

Basic data

GDP (2004): 517,475 million (7.5% of Mexico)

GDP per capita (2006 estimate): 154,024

Main activities: Services, commerce, manufacturing of machinery and equipment

Exports (Jan-Nov 2006): 14,511 million USD (5.8% of the country)

Imports (Jan-Nov 2006): 16,374 million USD (6.4% of the country)

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