Background on Querétaro’s FDI Attraction
Querétaro, a Mexican state known for its thriving industries and strategic location, has been a significant recipient of foreign direct investment (FDI). In the first quarter of 2025, Querétaro attracted a total of $302 million in FDI from various countries.
Top Investors in Q1 2025
The three leading countries investing in Querétaro during this period were the United States, Germany, and Italy.
Investment Breakdown
- United States: The US contributed $110.1 million, accounting for 36.5% of the total FDI.
- Germany: German investments totaled $83.8 million, representing 27.7% of the FDI.
- Italy: Italian investments reached $37.8 million, making up 12.5% of the total FDI.
Other notable investors included Canada ($24.5 million, 8.1%), Japan ($10 million, 3.3%), Brazil ($7.6 million, 2.5%), and the Netherlands ($4.3 million, 1.4%). Several other countries reported FDI confidentially.
FDI Trends and Comparison
Compared to Q1 2024, when Querétaro received $651.3 million in FDI, the first quarter of 2025 saw a 53.6% decrease. This decline was primarily due to reduced reinversion of profits and intercompany transactions, while new investments increased.
- $302 million in FDI consisted of 85.1% reinversion of profits, 7.7% intercompany transactions, and 7.2% new investments.
Historical FDI in Querétaro (2006 – Q1 2025)
From 2006 to Q1 2025, Querétaro accumulated $18,663.8 billion in FDI. The top four investors were:
- United States: $4,915.3 billion (26.3%)
- Canada: $2,977.9 billion (16%)
- Spain: $2,508.1 billion (13.4%)
- Germany: $1,727.6 billion (9.3%)
Other significant investors, with amounts below $1 billion, include Brazil, France, Japan, Switzerland, the Netherlands, and South Korea.
Key Questions and Answers
- Who are the main investors in Querétaro during Q1 2025? The United States, Germany, and Italy were the top investors.
- How much FDI did Querétaro receive in Q1 2025 compared to the same period in 2024? Querétaro received $302 million in Q1 2025, a 53.6% decrease from $651.3 million in Q1 2024.
- What factors contributed to the decrease in FDI in Q1 2025? The decline was mainly due to reduced reinversion of profits and intercompany transactions, while new investments increased.
- Which countries have been the largest investors in Querétaro historically? The United States, Canada, Spain, and Germany have been the largest investors since 2006.
