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February 19, 2025
Mexico imposes temporary tariffs of 15 to 35% on 155 tariff items in the textile and clothing industry, modifies the Immex Decree to limit access in these sectors. Finally, it establishes a global rate of 19% on products imported through digital platforms from countries without a trade agreement, including China.
February 7, 2025
As of the third quarter of 2024 (3Q24), the trade deficit is 11 billion dollars. In the same period, foreign direct investment (FDI) continues to flow to Mexico. Through 3Q24, the country has attracted 35.7 billion dollars, a slight increase of 1.5% compared to the same period of the previous year.
February 2, 2025
On February 1, the White House announced that it would impose tariffs of 25% on imports (not all imports, which leaves open the question of whether they will be selective) on Mexico and Canada and 10% on China (in addition to those already faced).
February 1, 2025
In a context marked by protectionist measures, the rapid entry into force of the modernized EU-Mexico Free Trade Agreement (TLCUEM) would help to provide certainty for investors, attract foreign investment, diversify exports, and mitigate disruptions in global supply chains.
January 23, 2025
The BBVA Research Multidimensional Manufacturing Indicator fell (-)3.3% YoY in December, the ninth consecutive decline since April; considering the December data, the year-on-year change averages (-)2.6% in 2024, 2.7 pp below the figure observed the previous year.
January 9, 2025
Nearly seven years after the onset of the nearshoring phenomenon, in the last week of 2024, the National Strategy for Industrialization and Shared Prosperity was unveiled, summarized as "Plan México." The first comprehensive project from Mexico's government focused on strengthening the country's role in global value chains.
December 10, 2024
Tensions surrounding the growing Chinese investment in Mexico present an opportunity to strengthen its regulatory framework for foreign investment review, and for the country to influence decision-making on the issue within the North American region.
November 4, 2024
The Mexican economy will grow at an annual rate of 1.2% by the end of 2024. Construction will close with a GDP growth of 10.1%, accumulated to the 2Q24, and will sustain the weak growth of the Mexican economy in 2024.
October 17, 2024
The accumulated Construction GDP grows 10.1% in the second quarter of 2024, with increases in all subsectors. In a change of trend, the mortgage market is now increasing 2.2% in real amount and is set to continue advancing
