Overview and Relevance
According to the II Barómetro on Investment Climate and Perspectives of Spanish Investment in Mexico, conducted by the Chamber of Commerce in Spain and the Spanish Chamber of Commerce in Mexico, 54% of Spanish companies operating in Mexico anticipate an increase in their business volume by 2025.
Overall, the surveyed companies view Mexico as a “strategic market” and hold optimistic outlooks for the future. The business climate, quality of life, and a favorable ecosystem with digitalization processes are the most significant factors for maintaining their operations in Mexico.
Investment Plans and Priorities
Reflecting these positive sentiments, 36% of the companies expect to raise their investment levels in Mexico, while 44% plans to expand their workforce.
In terms of investment priorities, 60% of the firms aim to invest in innovation, and 55% focus on increasing productivity levels.
Sectoral Distribution
By sectors, professional, scientific, and technical activities (25%) receive the most attention from Spanish investments, followed by information and communications (15%), construction, and manufacturing industries (15%).
Despite international challenges, companies see this period as an expansion opportunity: three-quarters of Spanish companies in Mexico consider expanding their activities.
Spain as a Leading Investor
According to Mexican government data, Spain ranks second among countries with the highest foreign direct investment (FDI) in Mexico, totaling $55,735 million between 2006 and 2024. Historically, Spanish investments have concentrated on the financial services sector, accounting for 43.2% of total Spanish FDI in Mexico since records began.
In 2024, the latest available data, outgoing FDI flows from Spain grew by 26.6% annually, while incoming FDI flows to Mexico surged by 69% to $3,476 million.
Key Questions and Answers
- What percentage of Spanish companies in Mexico expect to increase their business volume by 2025? 54%
- What factors do Spanish companies consider most important for maintaining operations in Mexico? Business climate, quality of life, and digitalization processes.
- What percentage of companies plan to raise their investment levels in Mexico? 36%
- What percentage of firms aim to invest in innovation? 60%
- Which sectors receive the most attention from Spanish investments in Mexico? Professional, scientific, and technical activities (25%), information and communications (15%), construction, and manufacturing industries (15%).
- What percentage of Spanish companies in Mexico consider expanding their activities? 75%
- What is Spain’s ranking among countries with the highest FDI in Mexico? Second, with $55,735 million in FDI between 2006 and 2024.
- What is the primary focus of Spanish investments in Mexico? Financial services sector, accounting for 43.2% of total Spanish FDI in Mexico.
