Canada, Queretaro's main trading partner

The United States invested $73.4 million. / dark room

In 2023, Canada Closed as a major business partner of QueretaroWith foreign direct investments worth $338.5 million, move to United State Which invested a total of $73.4 million.

the total, Queretaro Foreign direct investment reached $1,107.1 million, up 54 percent from the $719.4 million achieved in 2022. Last year's result is close to the $1,169.1 million achieved in 2019, the year before the Covid-19 pandemic.

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The data is based on the annual report recently published by the Federal Ministry of Economy, which divides the funds received on a quarterly basis, by country of origin, as well as category (economic activity).

In this balance, it is clear that Canada is the country that pumped the largest amount of resources to the country in 2023. It is followed by Sweden with $143.8 million and Germany with $124.3 million.

Other countries that have also chosen the entity are: Argentina, Belgium, Brazil, Colombia, Korea, Denmark, Spain, Russia, Italy, Japan, Netherlands, Great Britain and Switzerland.

With regard to the United States, it is historically the country that has invested more than others in its history QueretaroThe year 2023 ended with a balance of $73.4 million, including an injection of $163.1 million in the first quarter, but with a negative balance (capital withdrawal) in the other three quarters for a total of (-)73.4 million dollars.

Type of investment in Queretaro

Regarding investment areas, manufacturing is the one that leads in attracting foreign direct investment with $630 million in 2023. Then the logistics services sector (transportation, mail, and storage) with $351.1 million; Agriculture, livestock and rural sector, amounting to $77.3 million; In addition to a negative balance in the media information sector amounting to (-)60.6 million dollars.

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With information from Maritza Navarro

Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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