Quintana Roo Business Sector Concerned About Chinese Import Restrictions

57

Business leaders in Quintana Roo are expressing concern over impending restrictions on imports from China, a market that accounts for up to 30% of the state’s imports.

Sergio León Cervantes, president of Entrepreneurs for Quintana Roo, reported that during a meeting with Paul Carillo, Secretary of Economic Development of Quintana Roo, it was revealed that national-level discussions have indicated more restrictions on imports from China.

“We believe this measure is related to the TMEC situation. However, the opening in the automotive industry presents an opportunity for us to attract industry, including refractory factories,” León Cervantes explained.

Impact of U.S. Policies

U.S. President Donald Trump announced during his campaign the need to prevent the entry of Chinese products manufactured in Mexico into the United States. The local business sector in Quintana Roo considers this approach unviable but anticipates that the USMCA review in 2026 may impose such restrictions.

Call for State Proposals

León Cervantes emphasized the need for states to propose solutions to the Ministry of Economy to avoid these restrictions. Quintana Roo is looking to diversify its economy and sees potential in attracting industry from China.

“We currently see the situation as challenging, but we are working to minimize impacts. The market has been opened to exporting companies, providing more benefits and opportunities, especially in the automotive sector,” he said.

Economic Figures

In 2023, Quintana Roo’s imports from China amounted to $179 million, according to the Ministry of Economy.

Source: Sipse