Based on the forecasted data, the export of trucks from Mexico is expected to grow from $28.24 billion in 2024 to $31.761 billion in 2028. The year-on-year growth rates are as follows:
- 2025: 3.21%
- 2026: 3.05%
- 2027: 2.90%
- 2028: 2.76%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.97%.
Future Trends to Watch
Given the positive growth trajectory, key trends to monitor include advancements in automotive technology, trade relations, and policies impacting the manufacturing sector. Monitoring shifts towards electric and autonomous vehicles could significantly impact future exports.
