FDI as a percentage of GDP in Mexico dropped from 3.0% in 2015 to 2.0% in 2024, reported the Ministry of Economy. Mexico attracted US$36.872 billion of FDI in 2024 and, more recently, US$21.373 billion in the first quarter of 2025. Both amounts imply records considering preliminary figures.
Plan Mexico aims to attract investments derived from the New North American Economy (NEN), highlighted Marcelo Ebrard, Secretary of Economy. On the one hand, Plan Mexico has an anti-cyclical component, to attract investments in industry, infrastructure and services. On the other hand, it has a component to prepare
Mexico‘s tariff payments to the United States exceeds 10% of total exports to that destination, informed Marcelo Ebrard, Secretary of Economy, on Tuesday. Imports of products to the U.S. market from Mexico grew at a year-on-year rate of 6.4% in 2024, to a record $505.851 billion dollars, with
Sweden announced on May 13 that it will propose European Union membership in CPTPP, a 12-nation trade agreement. Sweden’s proposal aims to strengthen trade ties with Pacific nations and better address U.S. President Donald Trump’s tariff policy. European Union membership in CPTPP The European Commission reaffirmed in 2021
Ocean freight rates doubled last week, reaching US$2,900, MTM Logix reported. Mario Veraldo, CEO of MTM Logix, explained that in the world of logistics, the numbers usually tell the story. But what happens when those numbers double overnight? Last week, ocean freight rates went from $1,400 to $2,900.
The global crises have strengthened the links and integration of North American production, said Marcelo Ebrard, Mexico‘s Secretary of Economy. More than 50% of trade between Mexico, the United States and Canada corresponds to intermediate products. In other words, components, parts and other inputs that cross borders before