Mexico Logs Record $40.9 Billion in FDI Through September as Q3 Pace Eases

Overview

• Banxico reported $40.9 billion in inbound FDI for January–September 2025, with only 16% — about $6.56 billion — classified as new investment.
• Third‑quarter FDI totaled $7.18 billion, down sharply from the start of the year, as reinvested earnings turned negative by $1.05 billion while new investments reached $3.30 billion.
• Mexican investment abroad was $1.10 billion in Q3, leaving $6.07 billion in net direct investment recorded in the balance of payments.
• Mexico posted a Q3 current‑account surplus of $2.33 billion and net portfolio inflows of $6.22 billion, the largest since the first quarter of 2024.
• The United States was the top source at 39.46% ($16.15 billion), and preliminary figures showed manufacturing at 37% of FDI, financial services at 25%, and construction at 5%.