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Chihuahua (state)


Chihuahua, officially the Free and Sovereign State of Chihuahua, is one of the 32 states of Mexico. Its capital city is Chihuahua City.
It is located in Northwestern Mexico and is bordered by the states of Sonora to the west, Sinaloa to the southwest, Durango to the south, and Coahuila to the east. To the north and northeast, it has a long border with the U.S. adjacent to the U.S. states of New Mexico and Texas.
Chihuahua is the largest state in Mexico by area, with an area of 247,455 square kilometres (95,543 sq mi), it is slightly larger than the United Kingdom. The state is consequently known under the nickname El Estado Grande ("The Big State").
Although Chihuahua is primarily identified with the Chihuahuan Desert for namesake, it has more forests than any other state in Mexico, with the exception of Durango. Due to its variant climate, the state has a large variety of fauna and flora. The state is mostly characterized by rugged mountainous terrain and wide river valleys. The Sierra Madre Occidental mountain range, an extension of the Rocky Mountains, dominates the state's terrain and is home to the state's greatest attraction, Las Barrancas del Cobre, or Copper Canyon, a canyon system larger and deeper than the Grand Canyon. On the slope of the Sierra Madre Occidental mountains (around the regions of Casas Grandes, Cuauhtémoc and Parral), there are vast prairies of short yellow grass, the source of the bulk of the state's agricultural production. Most of the inhabitants live along the Rio Grande Valley and the Conchos River Valley.
The etymology of the name Chihuahua has long been disputed by historians and linguists. The most accepted theory explains that the name was derived from the Nahuatl language meaning "The place where the water of the rivers meet" (i.e., "confluence", cf. Koblenz).
Chihuahua has a diversified state economy. The three most important economic centers in the state are: Ciudad Juárez, an international manufacturing center; Chihuahua, the state capital; and Delicias, the state's main agriculture hub. Today Chihuahua serves as an important commercial route prospering from billions of dollars from international trade as a result of NAFTA. On the other hand the state suffers the fallout of illicit trade and activities especially at the border.
Economy

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. Manufacturing sector was the principal foreign investment in the state followed by the mining sector. 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.
During the 1990s after NAFTA was signed, industrial development grew rapidly with foreign investment. 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, which employ 294,026 people in the state. 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. Small business employs the largest portion of the population. As of 2007, the state's economy employed 786,758 people, which accounted for 3.9% of the country's workforce with annual GDP per capita of 136,417 pesos (12,338 dollars). The average employee wage in Chihuahua is approximately 193 pesos per day. The minimum wage in the state is 61.38 pesos (4.66 dollars) per day except for the municipalities of Guadalupe, Ciudad Juárez, and Praxedis G. Guerrero, which have a minimum wage of 64.76 Mexican pesos (4.92 dollars).
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 membrillo. 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.

Source: https://en.wikipedia.org/wiki/Chihuahua_(state)#Economy

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