Investment
According to data from the Ministry of the Economy, members of the European Union account for 31.1%of the foreign direct investments that Mexico received in the period 1999-2020,1 with USD 189.3 billion, positioning the EU as the 2nd largest investor in the country. The United States is the first one with USD 284 billion, Canada is the third with USD 44.9 billion, and Japan the fourth, with USD 27.7 billion. In 2020, in the context of the COVID-19 pandemic, joint investment by EU Member States decreased by 38% compared to the previous year from USD 13.7 billion to 8.4 billion.
The main European investors in that same period are: Spain (USD 73.4 billion), Germany (26.9 billion), Netherlands (21.3 billion), Belgium(21 billion), and United Kingdom (15 billion). European investment is concentrated in the following sectors: automotive, aerospace, beverages and pharmaceuticals.
EU investment in Mexico was mainly in manufacturing (45.7% of the total); financial services (20.4%); generation, transmission and distribution of electricity, water and gas supply by pipeline to the final consumer (7.9%); information in mass media (7.8%), and construction (5.4%).
In Mexico there are over 19,000 companies with capital from the European Union distributed mainly in Mexico City (23.6%), State of Mexico (10.8%), Nuevo León (8.6%), Puebla (5.6%) and Jalisco (5.4%).
1Statistical information, with data up to 31 December 2020, available at https://datos.gob.mx/busca/dataset/informacion-estadistica-de-la-inversion-extranjera-directa