Economy of Coahuila

Coahuila happens to be one of the states in Mexico with the highest standards regarding industrialization, which in turn results in 90% of its population residing in urban areas. The state's contribution to national Gross Domestic Product in the year 2004 reached 3,3%, positioning it in tenth place nationwide.

Industrial sectors in the automotive, textile and metallurgy activities capture the highest investment in the state, and represented no less than 36% of Coahuila's income as of 2004. Many cross-border plants destined for export have settled across the region, taking advantage of its proximity to the United States frontier.

The manufacturing portfolio offered by the state of Coahuila de Zaragoza is broad : automobiles and automotive spare parts and accessories, foods, iron and steel products, construction materials, clothing, domestic appliances, electronic hardware, and industrial machinery, just to name those dealing with the greatest production volumes.

On the other hand, Coahuila is the only coal producer in Mexico, in addition to some other minerals extracted from local mines, such as iron, silver, copper, and zinc. And improving the panorama further more, local economy has benefited from recent discoveries of large natural gas deposits.

For the year 2004, the commerce, hotels and restaurant sector contributed 20% to the state's Gross Domestic Product, while the services sector delivered as well with 17%.



 

Articles Releated with Coahuila

In the year 1531, as told by the historical documents, to...

Mexican visual arts have been very fortunate and prolific...

The Spanish language arrived with the Spanish conquerors ...

In México, one of the factors most affecting water...

Most Viewed

The British Petroleum (BP) and the Oil Spill in the Gulf of Mexico

April 20, 2010, was the beginning of what could be one of...

The Best Universities in Mexico

The education supply in Mexico is vast, however, categori...

Mexico City’s Historic Center

It is known as Mexico City’s Historic Center, it is the...