ANDAMAN PARTNERS Wishes You a Merry Christmas and Happy New Year!
December 8, 2025
Merry Christmas and Happy New Year from ANDAMAN PARTNERS!
Profile in Brief
NOTE: This is a brief summary of the full Country Profile, which can be viewed or downloaded at the link below.
Mexico has a GDP of USD 1.9 trillion (2024) with real GDP growth of 1.5%, driven by nearshoring-related investment and a strong trade relationship with its neighbour, the U.S.
Mexico has a total land area of 1.9 million square kilometres.
Government is a federal republic with a president.
Economy at a Glance
GDP Overview (2024)
Mexico’s GDP is forecast to reach USD 2 trillion in 2030, when GDP per capita is forecast to reach USD 15,589, which will be on the same level as Argentina and significantly higher than Brazil.
From 4% in 2020, the unemployment rate has decreased post-COVID-19 to 3% in 2024. Mexico’s currency has been volatile compared to its peers.
Central government debt has been low and stable at 24% in 2023. Household expenditure has been increasing rapidly post-COVID-19.
Trade Profile (2024)
Mexico’s total trade amounted to USD 1.2 trillion in 2024, with imports only slightly exceeding exports. Metals, Electronics & Machinery was the trade sector, followed by Transport Vehicles & Equipment.
Leading export partners (2024): U.S. (USD 503.3 billion), Canada (USD 18.6 billion), China (USD 9.1 billion).
Leading import partners (2024): U.S. (USD 252.2 billion), China (USD 129.8 billion), South Korea (USD 23.0 billion).
To download the full Country Profile, please see the option below.
ANDAMAN PARTNERS supports international business ventures and growth. We help launch global initiatives and accelerate successful expansion across borders. If your business, operations or project requires cross-border support, contact connect@andamanpartners.com.
News & Events
AAMEG Sundowner Event in Cape Town Ahead of Mining Indaba 2026
October 15, 2025
ANDAMAN PARTNERS is pleased to sponsor and support the AAMEG Pre-Indaba Cocktail.
ANDAMAN PARTNERS to Attend Future Minerals Forum 2026 in Riyadh, Saudi Arabia
October 14, 2025
ANDAMAN PARTNERS Co-Founders Kobus van der Wath and Rachel Wu will attend the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia.
Knowledge
China Navigator – Q1 2026
December 30, 2025
ANDAMAN PARTNERS outlines, unpacks and unravels some of the broad shifts and finer intricacies of China’s economic development and transition in 2026.
Asian Fintech Usage Keeps Rising Even As Funding Has Lost Momentum
December 18, 2025
Asian fintech structural adoption continues to deepen, especially in digital payments, even as fintech funding in the region is in a down cycle.
AI Is Reshaping the Global Jobs and Skills Landscape
December 17, 2025
AI is expected to create 11 million roles while displacing 9 million by 2030, making it the single most important force reshaping jobs, skills and business models.