Tourism, a powerful engine of the Mexican economy: Sectur

April 21, 2023
Posted by: Adeprotur

Tourism has consolidated its position as a powerful driving force in Mexico's economy and development, as it rose from 17th to ninth place in foreign exchange earnings in 2021, and last year 28,016 million dollars were earned from tourism, 14 percent more than before the beginning of the Covid-19 pandemic.

The head of the Ministry of Tourism (Sectur), Miguel Torruco Marqués, highlighted that the consolidation of the sector is due to the new tourism policy implemented in this administration headed by President Andrés Manuel López Obrador and whose results are evident.

"It is enough to remember that, in 2018, Mexico was in seventh place in international tourist arrivals, but in a distant 17th place in foreign exchange earnings from tourism and 40th place in per capita spending; when these two items are where the tourism potential of a nation is measured" he emphasized.

He qualified as correct the policies ordered by President López Obrador during the pandemic, among them the non-restriction of international flights, since while worldwide the drop in tourism was 73 percent and the 20 powers that compete with Mexico from the economic point of view fell 86 percent, in our country the contraction was only 46 percent.

In addition, said Torruco Marqués, Mexico was the only country that did not cancel its main tourism fair and innovated with the Tianguis Turístico Digital, which was attended by more than 61 nations; and during the health crisis, permanent contact was maintained with the tour operators from the two main issuing countries: the United States and Canada.

Thus, in 2022, Mexico will be in second place in terms of international tourist arrivals, temporarily, since the other countries will be recovering their positions.

He underscored that the tourism policy, together with the actions implemented during the pandemic, resulted in the historical records achieved in 2022, with an intake of 28,016 million dollars in foreign exchange from tourism; which represents 14% more than in 2019.

Likewise, the highest figure in Foreign Direct Tourism Investment was recorded at three thousand 447 million dollars, exceeding 216 percent more than in 2019 and far surpassing the historical figure achieved in 2017.

He also highlighted that year after year, the Tianguis Turístico has been surpassing itself, from Acapulco 2019, Mérida 2021, Acapulco 2022, and the great success of the Tianguis Turístico México 2023 in Mexico City that broke all records, and marked a milestone already in the history of tourism in our country.