Mexico is the 12th largest exporter in the aerospace sector

28 October, 2024

LEON, GTO - Mexico has become the twelfth largest exporter in the aerospace sector worldwide, and in less than 10 years it has gone from tenth place to sixth place as an exporter to the United States, which means that it is growing very fast, said Óscar Rodríguez Yáñez, president of the Bajío Aerospace Cluster.

According to his inaugural speech at the BJX Summit Aerospace 4.0 2024, the businessman said that in the next 20 years, what is coming in this sector is the doubling of the number of aircraft in the world, according to estimates by large companies.

Mexico has become the twelfth largest exporter in the aerospace sector worldwide, and in less than 10 years it has gone from tenth place to sixth place as an exporter to the United States, which means that it is growing very fast, said Óscar Rodríguez Yáñez, president of the Bajío Aerospace Cluster.

This, he explained, will represent 44 thousand new aircraft that will come out in the next two decades and this will pull the production chain; passengers will be growing by 5% and more than two million jobs will be needed in this sector.

This means that 600,000 pilots, 850,000 flight attendants and more than 600,000 engineers and technicians will be needed, he said.

Rodríguez Yáñez recalled that in the year 2021 alone, from the United States to Mexico and vice versa, more than 100 million passengers will move and he highlighted that this figure will increase to 440 million passengers by 2040.

This means, he added, that there will be a great detonator for the industry, as well as for its productive chains. In the area of services alone, the value of the global market over the next 20 years will be in the order of US$9.5 billion.

He added that aerospace manufacturing does not represent more than 1.4% of Mexico's GDP, which marks a great opportunity and becomes a gap that can be used.