2013 Foreign Direct Investment (FDI) in Mexico
By Adina Moloman
Source: SE, Bank of Mexico
Mexico has consistently been one of the largest recipients of FDI in most economic sectors among emerging markets.
For the first three trimesters of 2013 (from January to September), Mexico recorded 28,233.8 million dollars in foreign direct investment (FDI), according to the Secretary of Economy and the Bank of Mexico.
It is the highest amount registered so far in Mexico. More than 4,300 companies Manufacturing in Mexico (mainly foreign based companies) contributed to this record number, but what is more important just one company contributed with half of the amount (around 14,000 million dollars).
Other interesting fact is that according to the source of funding, half of these represent new investments in Mexico.
The company that contributed with the half of the total FDI in Mexico is Anheuser-Busch InBev that has completed its $20.1 billion acquisition of Mexican brewer Grupo Modelo, in June 2013.
A-B InBev, the Belgium-based brewer already owned half of Grupo Modelo. With this acquisition it situates Belgium as the number one investor in Mexico in 2013 with 47%, followed by United States (25%), the Netherlands (7%), Japan (4%) and the UK (4%); 79 more countries contributed with the remaining 13%.
FDI in Mexico is concentrated in the northern states of the country where most Mexico maquiladoras are located, and in the Federal District (Mexico City) and surrounding states, where most headquarters are located.
The FDI by sector it is as fallows: manufacturing (80%), mining (5%), trade (4%), media information (3%) and temporary accommodation services (3%), other sectors received the remaining 5%.
Financial services, automotive, aerospace and electronics have received the largest amounts of FDI in Mexico.