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Mexico Sets New FDI Record at $34.27 Billion in Q2 2025

Most inflows were reinvested profits, reinforcing the government’s claim that U.S. tariffs have not deterred investors.

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Overview

  • The total rose 10.2% from the comparable period in 2024, marking the fifth consecutive second‑quarter peak.
  • Reinvested earnings made up 84.4% of the flows, while new projects reached $3.149 billion, the highest in 12 quarters but just 9.2% of the total.
  • The Economy Ministry said the figures are preliminary and that detailed breakdowns will follow, noting prior totals are often revised upward.
  • The United States accounted for 42.9% of inflows as Spain rebounded to $5.943 billion from a $219 million outflow a year earlier, with the top five countries providing 73.3%.
  • Investment was concentrated in Mexico City (56.4%) and in manufacturing (36%) and financial services (26.7%), with construction at 7.6% and mining at 7.2%.