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Economic growth and export leadership in San Luis Potosí

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2026-10-02 01:44 UTC → 2026-10-11 15:36 UTC · added ~~removed~~

San Luis Potosí is experiencing economic growth driven by manufacturing and international trade. The industrial sector is positioning itself to attract investment through nearshoring trends and compliance with USMCA rules. Imelda Elizalde Martínez, president of Canacintra in the state, noted that meeting regional content standards for exports to the United States requires strengthening local supply chains, particularly in the automotive industry. Data from the second quarter of 2026 shows the state ranked ninth nationally in exports, recording 6,893.2 million dollars in foreign sales, a 7.3 percent annual increase. The manufacturing sector, specifically transport equipment and electrical apparatus, accounts for 99.9 percent of these exports. ~~Additionally,~~ Notably, the state has secured first place in Mexico for auto parts exports. Governor Ricardo Gallardo Cardona reported that the state has attracted approximately 9.5 billion dollars (roughly 200 billion pesos) in foreign investment during his administration. Between October 2021 and September 2026, the state accumulated nearly 10 billion dollars in concerted private investment, with export values growing by 94.4 percent since the start of the current administration. Efforts to attract further capital from Asia and Germany are ongoing to expand industrial capacity. Regarding fiscal projections, the 2027 Federal Expenditure Budget Project ~~projects~~ anticipates an 8.05 percent increase in federal participations and ~~contributions for the state,~~ contributions, totaling 63,443.1 million pesos. Finance Secretary Ariana García Vidal reported that Ramo 28 participations and Ramo 33 contributions are expected to reach 34,865.6 million pesos and 28,577.5 million pesos, respectively. Additionally, the state government reports maintaining its own revenues above 6,500 million pesos due to increased collection capacity.

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