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Mexico — Market Overview

Americas>Mexico

🇲🇽 Mexico

Mexico has become one of the most important production links in the North American industrial chain, which means its market is heavily shaped by U.S. manufacturing demand, local rate policy, and export competitiveness. Investors usually frame Mexico through near-shoring momentum, fiscal and monetary discipline, and whether industrial investment keeps broadening beyond autos and electronics.

Mapa regional

Factos-chave

Mexico num relance

Capital

Mexico City

Currency

Mexican Peso ($)

Primary exchange

BMV

Central bank

Banco de Mexico

Region

Americas

Time zone

America/Mexico_City

Fonte: INEGI,

Country dashboard

Porque este mercado importa

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Explorador macro

Troca de variável sem perder o contexto do país

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

GDP

Nominal GDP shown as bars.

MXN 20 BiMXN 25 BiMXN 30 BiMXN 35 Bi201920202021202220232024
Clica num ano para ampliar a partir desse ponto.

Variáveis disponíveis

GDP

MXN 34 Bi
Tendência 1A+6.4%
Crescimento médio+6.4%

O que isto sinaliza

This view isolates nominal GDP, which is useful for seeing the economy's absolute scale instead of a growth rate or ratio.

Comércio e posição externa

Exportações, serviços e balança externa

Em vez de um muro genérico de cartões macro, esta secção foca-se em como o país capta procura do exterior, onde está a sua vantagem comercial e como evolui a balança externa.

Comércio total Mexico$1,4 Bi
Bens
Serviços
Bens
Serviços
Exportação$674,9 mM
$723,2 mMImportação
Balança externa2024
Exportações +$674,9 mM
Importações -$723,2 mM
Saldo+$48,3 mM
$674,9 mM
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Mexico is capturing across both physical products and higher-value intangible flows.

$617,7 mM
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

$57,2 mM
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Mexico is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composição do comércio

O que o país exporta

Parceiros comerciais

Com quem o país comercia

Lente das commodities

Exposição a matérias-primas

Goods share of exports91.5%

Goods made up 91.5% of total exports in 2024, leaving services at 8.5%.

Goods share of imports90.6%

Goods made up 90.6% of total imports in 2024, leaving services at 9.4%.

Largest export goods bucketManufactures 79.2%

This was the biggest WTO merchandise export group for Mexico in 2024.

Largest import goods bucketManufactures 73.5%

This was the biggest WTO merchandise import group for Mexico in 2024.

Merchandise balance$-37.6B

Goods exports minus goods imports in 2024. A deficit here shows whether merchandise trade supports or drags on the overall external balance.

O que observar

Chave de leitura

01

near-shoring flows

Mexico should first be read through near-shoring flows. When this regime shifts, local multiples and sector leadership usually shift with it.

02

Banxico policy

Investors usually frame Mexico through near-shoring momentum, fiscal and monetary discipline, and whether industrial investment keeps broadening beyond autos and electronics. That makes banxico policy one of the most important signals for revising the country narrative.

03

export manufacturing depth

The final layer is export manufacturing depth, because it determines whether the macro backdrop turns into sustainable earnings support for the S&P/BMV IPC.

Outros países

Continua por Americas

Cada cartão abre o mesmo modelo de país com o seu próprio mapa, variáveis macro alternáveis e vista de referência. É a primeira rede ligada de páginas de país da região.