The figure was 48% higher than FDI received in the same period last year, if the US$6.8 billion it received from the extraordinary operation of the merger of Mexican media giant Grupo Televisa with its Spanish-speaking American counterpart, Univision Holdings, was discounted. ., as well as the restructuring of the local airline Aeroméxico.
Without discounting, the amount of FDI that Mexico attracted between January and March 2022 totaled US$19.4 billion, a record amount for the same period, according to records.
“The behavior observed in the first quarter of 2023 represents investors’ confidence to maintain and expand their investments domestically,” the ministry said in a statement.
During the first three months of the year, registered FDI in Mexico came mostly from the United States, Spain, Argentina, Netherlands, Germany, Canada, United Kingdom, Switzerland, Japan and Brazil.
53% of resources are concentrated in the manufacturing sector, while 33% is used for financial services, he added.
The remaining flows are for transportation, mail and storage, construction, mining, retail and wholesale trade.
FDI is one of the country’s main sources of foreign currency, along with oil exports, remittances and tourism receipts.
Mexico’s economy, the second largest in Latin America after Brazil, will grow 3.1% in 2022, from the 4.7% expansion observed in the previous year.
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