Mexico obtains 19,427.5 million dollars of direct foreign investment

By Elenne Castro

Mexico City

May 24, 2022

From January to March 2022, the Ministry of Economy reported a preliminary figure of 19,427.5 million dollars of Foreign Direct Investment (FDI).

The FDI figures were reviewed jointly by the institution and the Bank of Mexico , so they will be included in the latter 's Balance of Payments Report .

In the first quarter of the year, extraordinary FDI movements were carried out, related to the merger of Televisa with Univisión and the restructuring of Aeroméxico , which together represent 6,875 million dollars. Without considering the movements mentioned above, direct foreign investment in this period is 5.8%, higher than the preliminary amount raised in the same period of 2021, which was 11,864.0 million dollars.

When considering the merger of the communication companies and the restructuring of the Mexican airline, the preliminary FDI captured in January-March 2022 increased 63.7% compared to preliminary figures for the same period in 2021.

The preliminary figures available to date indicate that from January to March 2022, 19,427.5 million dollars were captured , net result by company or trust, of the difference of 24,313.3 million dollars registered as inflows and 4,885.8 million dollars in outflows.

Preliminary FDI registered to date for January-March 2022 came from: 1,807 companies with foreign capital participation ; 1,306 trust contracts ; and, 15 foreign legal entities . In addition, it is integrated as follows:

  • By type of investment: through reinvestment of profits, 47.7%; for new investments, 45.2%; and, for accounts between companies, 7.1%.
  • By sector: manufacturing, 24.2%; information in mass media, 19.4%; financial and insurance services, 17.2%; transportation, 15.3%; construction, 7.3% and mining, 5.8%. The remaining sectors captured 10.8%.
  • By country of origin: United States, 39.1%; Spain, 10.8%; Canada 7.1%; France, 3.4%; Argentina, 3.2%; and the United Kingdom, 3.0%, other countries contributed the remaining 33.4%.

The methodology for determining FDI is based on international standards, contained both in the Balance of Payments Manual of the International Monetary Fund (IMF) and in the Framework Definition of Foreign Direct Investment of the Organization for Economic Cooperation and Development (OECD) .

The reported amounts only consider investments made and formally notified to the National Registry of Foreign Investments of the Ministry of Economy ; hence its preliminary nature and the fact that it will undergo updates in successive quarters.

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