Mining in Mexico

The Mexican Mining Industry

• Mining contributes to 8.3% of Mexico's industrial GDP⁽¹⁾
• The sector employed nearly 2 million indirect jobs in 2018⁽¹⁾
• In 2018, Mexico’s mining production amounted to US$12.57 billion⁽¹⁾
• Mexico is the world’s fourth-largest recipient of foreign direct investment (FDI) for mining. Mexico's total FDI inflow for minng amounted to USD 5.47 in 2019. Most mining FDI originated with companies from Canada.⁽²⁾
• Copper production in Mexico reached its highest figure of the decade in 2019, with an output of over 768 thousand metric tons.⁽¹⁾
• In comparison to 2010, the Mexican annual production has almost tripled, making it the ninth-largest producer in the world in 2020.⁽³⁾