Oportunidad de negocio para los empresarios colombianos del sector automotriz en la región Baja California de México.

Abstract

The automotive sector has become one of the most important for the world economy, involving the entire industrial value chain from production to sale, including the design, manufacture of auto parts and components, assembly and marketing, which is why it encompasses different types of companies, generates jobs and increases the GDP of the participating countries. By 2023, China ranks as the first vehicle producing country, followed by the United States and, in third place, Japan; in addition, the best-selling brands in this same year stand out: Toyota, Volkswagen and Ford. The automotive industry in Mexico has gained strength and currently the results are very favorable; it is the sector that contributes most of the trade balance, contributing 3.6% to the national GDP; it is the leading vehicle manufacturer in Latin America and the fourth largest exporter of auto parts worldwide. In addition, it has been able to take advantage of its great opportunity as a neighboring country of the United States, which is its number one importer. While the Colombian automotive sector shrank 30.6% in 2023 and as of April 2024 it has had a decrease of 7.9% compared to 2023, for this reason Colombian entrepreneurs are studying markets and looking for alternatives to locate in other countries; Mexico is a very attractive opportunity, especially because of its border advantage with North America.