Kazakhstan, Italy, and Russia became the countries that experienced exponential growth in Foreign Direct Investment (FDI) in Mexico from January to September 2025, thanks to their various investments in the country.
According to the Ministry of Economy (SE), through the third quarter of 2025 (3Q25), Kazakhstan registered FDI of US$32.5 million, up from US$100,000 in the same period of the previous year, positioning it as the country with the largest relative growth in its investment flows to Mexico.
On the other hand, Italy ranked second, with an estimated FDI of $174.7 million, a figure that contrasts sharply with the $21.2 million recorded up to the third quarter of 2024. In the case of Russia, its investment reached $146.6 million, compared to $19.1 million in the same period of the previous year, placing it third among the countries with the largest increase.
Thus, Kazakhstan’s FDI increased by 26,557.6%; Italy registered a growth of 725.6%, and Russia advanced by 667.0%.
Economic sectors in which these countries are investing: For Kazakhstan, the only sector in which FDI was registered was temporary accommodation and food and beverage services, that is, the hotel and restaurant sector, with $32.5 million.
In contrast, Italy maintains a more diversified investment portfolio in Mexico. The largest share of investment was concentrated in wholesale trade, which contributed $82.2 million; followed by manufacturing activities with $81.6 million; retail trade, with $11.8 million; and accommodation and food services, with $4.2 million.
In the case of Russia, investments focused primarily on retail trade, with $140.4 million; manufacturing with $1.3 million; transportation, postal services, and warehousing with $2.3 million; and the hotel and restaurant sector with $2.6 million.
The Asian country of China registered a 35.9% drop in investment from January to September, with $305.6 million. However, in total investment flows, it ranks 15th, ahead of Kazakhstan, Italy, and Russia.
In that regard, the United States remains the leading country in terms of overall investment in Mexico, with $16.146 billion. Spain comes in second with $5.764 billion, while Japan ranks third with $2.882 billion.
Source: elceo
