Mexico's auto parts market is expected to break 100 billion US dollars

According to statistics of the Mexican Automobile Accessories Enterprise Association (INA), in the past five years, the Mexican auto parts market has grown by 47%, and exports have increased by about 50%. According to statistics of the agency, in 2010, the ink auto parts market was 69.4 billion U.S. dollars, local production was 57.5 billion U.S. dollars, exports were 37.9 billion U.S. dollars, and imports were 26 billion U.S. dollars; in 2013, the total market reached 96.8 billion U.S. dollars, and the local production of spare parts totaled 76.8 billion U.S. dollars, and exports 550 Billion US dollars, import 35 billion US dollars. The total auto parts market is expected to exceed 100 billion U.S. dollars in 2014, local production is 81.4 billion U.S. dollars, exports are 56.6 billion U.S. dollars, and imports are 36 billion U.S. dollars.

According to statistics of Mexico's Investment Promotion Agency (PROMEXICO), 10 out of every 100 light vehicles in the US market are produced in Mexico, and 89 of the world’s 100 major auto parts manufacturers are produced in Mexico.

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