Mexico | Significant contraction of net FDI in 2022

Summary

We expect the trade balance to show a lower deficit this year under the expectation of lower GDP growth when compared to 2022. To promote both nearshoring and FDI flows into Mexico, the country will have to invest more in electrical infrastructure and, particularly, in transmission lines.

Key points

• Key points:
• The current account surplus in the fourth quarter of 2022 was higher than the surplus posted in the same quarter of last year mainly due to the higher surplus in the balance on non-oil goods.
• Net foreign direct investment posted a decrease of 30.6% YoY in 2022 when comparing preliminary figures.

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