Overview of Querétaro’s Export Performance
According to the Exportations Trimestrally by Federal Entity (ETEF) report from Mexico’s National Institute of Statistics and Geography (Inegi), Querétaro’s exports reached a value of 4,532.5 million US dollars from July to September this year, marking a 7.1% annual growth.
Manufacturing Sector Drives Export Growth
This growth was primarily driven by the manufacturing sector, contrasting with the double-digit decline in agricultural exports.
Recovery After Four Quarters of Decline
After four consecutive quarters of annual declines, Querétaro’s exports finally recovered. The state experienced negative annual variations from 6.8% in the third quarter of 2024 to 2.8% in the second quarter of 2025. However, the third quarter of 2025 saw a 7.1% annual growth, breaking the negative streak.
Agricultural Exports Continue to Decline
While manufacturing exports reached 4,488 million US dollars in the third quarter of 2025, representing a 7.3% growth compared to the same period last year, agricultural exports only amounted to 34.1 million US dollars with an 18.8% annual decline.
Manufacturing Sector Dominance
The primary sector contributed 0.8% to the total export value in the July-September period, whereas manufacturing industries accounted for 99%. Querétaro ranked fifth among states where manufacturing exports have the highest weight concerning total exports, just below Nuevo León, Estado de México, Ciudad de México, and San Luis Potosí.
Subsector Performance
Within Querétaro, the manufacturing of computing, communication, measurement, and other electronic equipment, components, and accessories achieved the highest annual growth of 25.5%. The fabrication of metal products followed with 21.1%, and transportation equipment manufacturing grew by 9.3%.
On the other hand, exports related to printing and related industries suffered the most significant decline of -29.2%, followed by beverage and tobacco industries (-27.6%) and agriculture (-18.8%).
Annual Export Value Surpasses 13,000 Million US Dollars
In the first nine months of the year, Querétaro’s exports exceeded 13,000 million US dollars, representing a 2.3% annual decline.
Key Questions and Answers
- What is the main topic of this article? The article discusses Querétaro’s export performance, focusing on the 7.1% annual growth in Q3 2025.
- Which sectors contributed to the export growth? The manufacturing sector, particularly computing and electronic equipment, metal products, and transportation equipment, drove the export growth.
- What happened to agricultural exports? Agricultural exports experienced an 18.8% annual decline.
- How did Querétaro’s exports perform annually in the first nine months of 2025? Querétaro’s exports surpassed 13,000 million US dollars, but experienced a 2.3% annual decline.
