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Guanajuato's automotive industry grows 23.9%.

The Guanajuato Automotive Cluster (CLAUGTO) in conjunction with the Coordinating Office for the Promotion of Foreign Trade (COFOCE) published the automotive outlook for the state for the second quarter of 2024. 

For said period (accumulated January-June) a total of 15,865 million dollars in exports was registered and a growth of 23.9% was shown for said sector. 

The presence of this industry is concentrated in 21 municipalities, with a total of 360 companies exporting to 97 destinations. 

Top destination countries and percentage of participation

United States 86% 

Canada 9.18% 

Colombia 0.87%

Brazil 0.74% 

China 0.56%

Australia 0.47% 

Puerto Rico 0.31% 

Chile 0.27% 

Germany 0.24% 

United Arab Emirates 0.22%.

The document states that by product distribution, 66.8% is equivalent to vehicles, 19% to essential auto parts, 5.4% to complementary auto parts, 5.1% to main auto parts and 3.6% to tires and others. 

This publication analyzed the opportunities, challenges and advances that are transforming the region into a key hub for the industry.