Chihuahua State
The state has the 12th-largest state economy in Mexico, accounting for 2.7% of the country’s GDP. Chihuahua has the fifth highest manufacturing GDP in Mexico and ranks second for the most factories funded by foreign investment in the country. As of 2011, the state had an estimated 396 billion pesos (31.1 billion dollars) of annual GDP. According to official federal statistical studies, the service sector accounted for the largest portion of the state economy at 59.28%; the manufacturing and industrial sector is estimated to account for 34.36% of the state's GDP, with the agricultural sector accounting for 6.36% of the state's GDP.[66] Manufacturing sector was the principal foreign investment in the state followed by the mining sector.[67] In 2011, the state received approximately 884 million dollars in remittances from the United States, which was 4.5% of all remittances from the United States to Mexico.
Large factories known as maquiladoras were built to export manufactured goods to the United States and Canada. Today, most of the maquiladoras produce electronics, automobile, and aerospace components. There are more than 406 companies operating under the federal IMMEX or Prosec program in Chihuahua. The large portion of the manufacturing sector of the state is 425 factories divided into 25 industrial parks accounting for 12.47% of the maquiladoras in Mexico. While export-driven manufacturing is one of the most important components of the state's economy, the industrial sector is quite diverse and can be broken down into several sectors, which are: electronics, agro-industrial, wood base manufacturing, mineral, and biotech. Similar to the rest of the country, small businesses continue to be the foundation of the state’s economy.
Agriculture is a relatively small component of the state's economy and varies greatly due to the varying climate across the state. The state ranked first in Mexico for the production of the following crops: oats, chile verde, cotton, apples, pecans, and quince. The state has an important dairy industry with large milk processors throughout the state. Delicias is home to Alpura, the second-largest dairy company in Mexico. The state has a large logging industry ranking second in oak and third in pine in Mexico. The mining industry is a small but continues to produce large amounts of minerals. The state ranked first place in the country for the production of lead with 53,169 metric tons. Chihuahua ranked second in Mexico for zinc at 150,211 metric tons, silver at 580,271 kg, and gold at 15,221.8 kg.
GDP CHIHUAHUA $46 806 million of USD
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