INSUBCONTINENT EXCLUSIVE:
year alone, $7,567 million (R$45.4 billion) flowed out of the country, a smaller figure compared to the $11,268 million withdrawn in 2023
However, this still exceeded the $5,112 million recorded in 2022, signaling an ongoing trend of disinvestment.Over the past five years,
foreign portfolio outflows have reached $75,835 million
Notably, 68.42% of these withdrawals occurred between 2020 and 2021, reflecting a significant shift in investor preferences.In 2024, foreign
investors increased their holdings in Mexican assets during only two of the last eight quarters
From April to December alone, $16,209 million exited Mexico, including $6,498 million during the final quarter.Government debt has been a
key area of disinvestment
By the end of 2024, foreign investors held just 13% of outstanding Mexican government debt, down from 16% in 2023 and far below the 28%
recorded in late 2019.Foreign Investors Continue to Exit Mexican Markets for Fifth Consecutive Year
(Photo Internet reproduction)Quarterly data shows liquidations of $8,079 million and $1,647 million in the first and third quarters of 2024,
Market analysts cite several factors behind this trend.Gabriela Siller from Banco Base pointed to high interest rate differentials
However, these failed to attract foreign capital due to persistent uncertainties surrounding U.S.-Mexico trade policies and upcoming
electoral uncertainty and idiosyncratic factors
foreign investors continues to shape capital flows and market dynamics.
