“Available figures indicate that from January to December 2019, 32,921.2 million dollars, net result per company or trust, were collected from the difference of 41,900.9 million dollars recorded as inflows and 8,979.7 million dollars in outflows, “the portfolio said in a statement.
If you compare the total FDI collected in the year with the preliminary figures reported for the same period of 2018 ($ 31,604.3 million), “an increase of 4.2% is observed“.
These preliminary figures will be adjusted when the economic authorities have more information on the operations of that period.
US leads investment
By country of origin, the largest flow of investments came from the US, 36.8%.
They were followed by Spain, 12.1%; Canada, 9.7; Germany, 9.2; Italy 4,5; and, other countries contributed the remaining 27.7%.
The increase in investment “focused on reinvestment and new investments, although the subsequent adjustment of the figures could change this result,” the report said.
The item that attracted more investment, almost half, was manufacturing, with 47.2% of the total.
It is followed by financial and insurance services, with 15.3%, trade, with 9.7; information in mass media, 5.5, mining, 5.5; and the generation of electricity, water and gas, 3.8%.
The FDI registered to date for 2019 came from 4,353 companies with foreign capital participation, 3,776 trust contracts and 27 foreign companies and is integrated as follows:
By type of investment (origin of financing) the composition of FDI in 2019 is as follows: through reinvestment of profits, 53.1%; for new investments, 39% and, for accounts between companies, 7.9%.
The report indicates that the amounts reported only consider investments made and formally notified to the National Registry of Foreign Investments of the Ministry of Economy, “hence their preliminary nature and that they undergo updates in successive quarters.”
The methodology for determining FDI is based on international standards, contained both in the Balance of Payments Manual of the International Monetary Fund (IMF) and the Organization for Economic Cooperation and Development (OECD).
FDI figures were jointly reviewed by the Ministry of Economy and the Bank of Mexico that will integrate it into its balance of payments report.