Mexico: A Strategic Pillar in the Global Economy
Mexico has solidified its position as one of the world’s most important economies, ranking 12th globally according to the International Monetary Fund (IMF). This ranking highlights Mexico’s significance in the international context, particularly regarding its ability to attract foreign direct investment (FDI). In 2024, the country achieved a historic record in FDI, amounting to USD 36.872 billion, representing a 2.3% increase compared to 2023, according to the Ministry of Economy. This growth reflects global confidence in Mexico’s economic stability and its potential as a destination for long-term investments.
Despite these advances, tariffs and trade barriers present a challenge to competitiveness. However, Mexico’s diversification of its manufacturing base and integration into global value chains enable it to adapt and maintain its competitiveness. In the automotive sector, the country ranks 4th globally in vehicle exports.
Mexico also faces internal challenges, such as its position at 54th in the “Doing Business” ranking and the perception of corruption in the public sector. Nevertheless, its trade openness, particularly through the USMCA agreement, remains a key factor in maintaining its attractiveness as a destination for foreign investment.
Mexico continues to be a major player in the global economy, with an undeniable ability to adapt to changes in international trade policies, such as tariffs. Despite internal and external challenges, its economic diversification and integration into global value chains position the country as a resilient and future-proof economy. Trade liberalization policies and the ongoing development of its business infrastructure allow Mexico to remain a key destination for foreign direct investment and a reliable trade partner at the international level