Aeronautic exports to grow

The aerospace sector in Mexico will be generating exports valued at US$12 billion by the year 2020, which exceeds the $7.16 billion record of 2016 by 67%. According to specialists in the industry, another projection is that during, this sector will have 350 companies operating in Mexico the same period, which represents the creation of 110,000 jobs, earning a spot among the top 10 countries with the most exports of this industry in the world. Over the next 20 years the aeronautic industry will have a demand of 35,280 units (airplanes, primarily). Mexican providers from the sector have now a potential opportunity to expand their markets at a global scale, with high quality products.