Mexico Investment, Business & Market Insights

The Agreement for the Promotion and Protection of Investments Mexico – Hong Kong entered into force on June 16, 2021.

In March exports grew 12.15% annually, their highest increase since 2018, driven mainly by oil exports (70.8%).Imports increased 31.4% annually, with non-oil imports recording the highest growth (24%).

According to the Undersecretary of Finance, the Mexican economy is projected to be fully open between August and September of this year;  the growing vaccination of Mexican population will allow greater reopening of tourist and recreational activities.

MEXICO is the 16th economy in the world in terms of, and the 21th most complex economy according to the Economic Complexity Index (ECI).Foreign trade accounts for a large share of the economy. Mexico trade ranks 11th among the world economies in exports and12^thinimports, with a total merchandise trade of 928 billion USD in 2019.

Most analyst predict a spike of  Chinese economic influence in the Latin America region  during and after the pandemic. On one side, China has already committed to several infrastructure, energy and mining investment projects, but also, Latin America economies are really suffering the economic impact of COVID 19, with many companies struggling to get capital to restart operations and governments redirecting infrastructure budget to attend the health emergency.

According to the most recent World Investment Report of the United Nations Conference on Trade and Development (UNCTAD), Mexico is one of the top developing nations in which to invest.