Overview
- Preliminary Economy Ministry data show $40.9 billion in foreign direct investment from January to September, up about 15% year over year.
- New projects roughly tripled to about $6.5 billion, while reinvested earnings made up 68% of accumulated flows but fell 9.7% versus the same period in 2024.
- Manufacturing drew 37% of inflows, financial services 25% and construction 5%, with intercompany accounts rising 125% from a year earlier.
- Roughly 80% of inflows concentrated in five states, led by Mexico City ($22.8 billion), followed by Estado de México, Nuevo León, Baja California and Coahuila.
- The United States accounted for 39.4% of FDI, and Mexico was selected to host APEC 2028, even as reporting notes ongoing risks from U.S. tariffs and the 2026 T-MEC review.