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Study Finds Mexico Is Latin America’s Bridge to Europe, Using Spain as Key Platform

The CEAPI–ICEI report details Mexico’s lead in Latin American investment in Europe, previewing debate at the May CEAPI Congress.

Overview

  • Mexico is the top origin of Latin American firms that use Spain as a launchpad into third markets, accounting for 118 of 312 identified cases.
  • Mexican accumulated investment stands at $41.985 billion in Europe, including $35.150 billion in Spain, the largest totals from any Latin American country.
  • Mexican companies show extensive internationalization, with 2,431 parent firms operating abroad and 6,416 foreign subsidiaries.
  • For Mexican multinationals, primary springboards are the United States (149 cases), Spain (118) and the United Kingdom (63), reflecting combined North American and European strategies.
  • Two-way ties are deepening as Spain serves as Mexico’s chief European gateway and a leading investor in Mexico, while Mexico is the principal Latin American recipient of Spanish investment; CEAPI will take up the findings in Mexico City on May 25–27.