Mexico’s foreign investment and exports will reach record levels in 2024

“This flow of capital underlines the confidence and commitment of international investors in Mexico’s economic potential and stability, especially in the context of the nearshoring“the business organization said in a statement.

While the estimate for Mexican exports is that they will reach 610 billion dollars by 2024, a record figure in the history of the indicator, and an increase of 3% compared to 2023.

He explained that this is due to the dynamism of the manufacturing sector, mainly due to the automotive and auto parts industry.

In this context, this year Mexico reached unprecedented positions, rising to ninth position both in global exports and as a destination for foreign investment.

“We are witnessing a historic moment for Mexico in the area of ​​international trade and investment, thanks to nearshoring. Mexico’s rise in these global indicators is a clear sign of the importance of the country as an export power and as a destination for FDI at a global level,” said Sergio Contreras, executive vice president of COMCE.