Introduction to Querétaro’s Foreign Direct Investment (FDI)
Querétaro, a Mexican state known for its thriving industries and strategic location, has seen significant foreign direct investment (FDI) from various countries. Among these, the United States, Germany, and Canada stand out as the primary investors.
United States: The Leading Investor
The United States has maintained its position as the leading source of FDI in Querétaro. In 2024, the U.S. investment reached a remarkable 457.8 million USD, accounting for 43.4% of the total FDI that Querétaro attracted, which was 1,055.1 million USD, as reported by the Secretaría de Economía (SE).
This investment figure in 2024 surpassed the previous high of 869.9 million USD in 2015, making it the highest amount of U.S. investment Querétaro has received in the past nine years.
Germany and Canada: Second and Third Largest Investors
Following the U.S., Germany became the second-largest investor in Querétaro with 276 million USD, representing 26.2% of the total FDI in 2024.
Canada took the third spot, with 195.3 million USD, contributing 18.5% of the total FDI.
Other Notable Investors
- Japan: 75.1 million USD (7.1% of total FDI)
- Netherlands: 34.2 million USD (3.2% of total FDI)
- Spain: 2.9% of total FDI
- South Korea: 2.5% of total FDI
- Brazil: 2.4% of total FDI
- Denmark: 1.5% of total FDI
- Austria: 0.9% of total FDI
Historical Context and Impact
Since 2006, Querétaro has accumulated a total of 18,360.4 million USD in FDI, with the United States being the primary contributor at 26.4% (2,947.6 million USD).
Canada follows closely with 16.1% (2,947.6 million USD), while Spain, Germany, and Brazil contribute 13.6%, 8.9%, and 5.4% respectively.
These investments have played a crucial role in Querétaro’s economic growth, creating jobs, fostering innovation, and attracting further business opportunities.
Key Questions and Answers
- Who are the main investors in Querétaro? The United States, Germany, and Canada are the primary investors in Querétaro.
- What was the total FDI in Querétaro in 2024? The total FDI in Querétaro in 2024 was 1,055.1 million USD.
- How much did the US invest in Querétaro in 2024? The United States invested 457.8 million USD in Querétaro in 2024.
- What percentage of total FDI in Querétaro did the US investment represent in 2024? The US investment represented 43.4% of the total FDI in Querétaro in 2024.
- Which countries followed the US as investors in Querétaro? Germany and Canada were the second and third largest investors, followed by Japan, Netherlands, Spain, South Korea, Brazil, Denmark, and Austria.
