THE 5 MOST IMPORTANT ECONOMIC ACTIVITIES IN NUEVO LEÓN - CULTURE VOCABULARY - 2024

Among the economic activities of Nuevo León, those related to industry stand out. The means of production and the potential of the secondary sector in the state place it in third position in terms of economic contribution to the country.

Construction material, chemicals, the automotive industry, steel, and beverages are among the key elements of Nuevo León's business activity.

Manufacturing is the largest source of wealth per capita in the state, with 27% of the total Gross Domestic Product (GDP) of Nuevo León.

Among the activities that stand out as sources of income in Nueva León are also included the food industry and the service sector.

You may also be interested in the natural resources or tourist attractions of Nuevo León.

The 5 main economic activities of Nuevo León

1- Construction industry

Cemex is the main construction industry in the region. It is one of the leading companies in the world when it comes to construction material.

Its mere presence in Nuevo León reflects the impact of this activity in the area. The construction industry is one of the strongest points of its economy.

2- Chemical industry

In Monterrey and San Pedro Garza García are concentrated several of the strongest companies in the country, dedicated to chemical and petrochemical reagents.

These items are the most prominent in Nuevo León in terms of production volume.

With one of the highest standards of living in the nation and in Latin America, San Pedro Garza García is a banner of industrialization.

3- Automotive industry

The automotive business is very established in the state. There are about 200 companies dedicated to this industry.

All parts supplier and logistics coordination companies are part of a large corporate body.

Exports in automobiles are expected to reach 12 billion dollars in 2017.

4- Steel industry

Nuevo León has been dedicated to the production of sheet wire, plate and other varieties of metal.

This state is the main Mexican producer of steel cables and wires, and is a major exporter of this material, mainly to Europe and America.

5- Drinks

Among the sectors with the highest level of production in the state is the manufacture of beverages.

The open market, especially for beer, grants it a privileged position in the economic hierarchy of the region.

References

1. Economy of Nuevo León. Obtained from explorandomexico.com
2. Region: State of Nuevo León, Mexico. Retrieved from oecd.org
3. New Lion. Retrieved from nationsencyclopedia.com
4. New Lion. Retrieved from history.com
5. New Lion. Consulted in en.wikipedia.com
6. Consult about the presence of the chemical sector through mx.compass.com