The Mexican Peso Has Strengthened the Most Since 2019
Mexico's super peso fuels a 73% surge in US investment by Mexican companies since 2019.
In recent years, Mexican companies and investors have found that expanding into the US market is increasingly affordable. According to the US Bureau of Economic Analysis, Mexican direct investment in the United States went from $19.5B in 2019 to $33.7B in 2022 (latest data available), a remarkable 73% increase.
Renowned Mexican brands like Grupo Bimbo, Cemex, and Arca Continental are doubling down on their presence up north, from acquiring local businesses to opening new manufacturing plants. Mexicans are also now the top foreign buyers of US real estate.
The big question on everyone's mind is: How long will the super peso and economic boom last? Nobody ever knows, but one thing is clear: Mexico's momentum is one of the most exciting in the world.