Searcher
Samuel Vázquez
Samuel Vázquez
BBVA Research - Principal Economist

Samuel Vázquez is the Head Economist of BBVA Research Mexico. His duties include the economic analysis of all of Mexico’s economic sectors, and the evaluation of their regulations and prospects. Previously, as a Senior Economist, he was responsible for real estate sector analysis.


Before joining BBVA in Mexico, Samuel Vázquez collaborated with the Federal Competition Commission as Deputy Director of Economic Studies, later becoming Director of Economic Studies. There, he was responsible for analysing competition in different economic sectors, public purchasing, and regulation. In addition to economic research he provided assistance with research into operational areas to support the economic evidence. Prior to this, he worked in the National Banking and Securities Commission, where he was in charge of calculating the tax cost of the debtor relief programmes rolled out by banks in response to the banking crisis, as well as supervising the application of the subsidies thereby arising.


In the private sector he worked in companies like Operadora Vips, where his job was centred around estimating internal demand for consumables of restaurant operations at the national level. Before that he worked at Lamimex, a company in the stationery industry, as well as in companies in the automobile industry.


He has completed classes in the Industrial Organisation at the Mexico City Monterrey Campus, as well as classes on programming languages at the National College of Economists. He published the article Bid rigging in Public Procurement of Generic Drugs in Mexico in Competition Policy International Journal in collaboration with Ernesto Estrada.


Samuel has a Master’s Degree in Economics from the Colegio de México and a Bachelor’s Degree in Economics from the Monterrey Institute of Technology and Higher Education.

Latest publications

As of 1Q24, Mexican exports totaled 144 billion dollars and imports totaled 146 billion dollars. 82.7% of Mexican´s exports went to the US and manufacturing exports totaled 127.1 billion dollars, 88.5% of the total. FDI as of 1Q24 amounted 20.3 billion dollars, 13.6% lower than 1Q23.
Avocado is one of Mexico's main consumption and export products. We estimate the GDP of avocado from 2018 to 2022 by the production method using a deterministic approximation and official sources. The results are consistent with the growth that the product has experienced in production and monetary value in recent years.
Mexico imposes temporary tariffs between 5% and 50% on the import of 544 tariff items applicable to products from countries with which it does not have trade agreements, including China, and subsequently rectifies some tariffs.