The investment arrival by Nearshoring prevented the Mexican economy from having a greater fall in 2025 and other years, said Emilio Romano, president of the Association of Banks of Mexico (ABM).
“By the way, who says that the restructuring or relocation of Asia’s productive chains is not accelerating, is not seeing the fact that we could have decreased 2 percent and is in 0 percent or one percent,” said the banker.
“And it is not that there is no famous Nearshoring and Friendship, of course there is and will continue in the long term in Mexico,” said the manager.
The business representative added that Mexico lives a situation of economic deceleration induced by the most important market for Mexico, which is the United States and estimated that this will be short -term and the economic growth of the country will soon be recovered.
“Fortunately, important investments have arrived due to Nearshoring and the restructuring of the productive chains that has allowed Mexico to maintain the levels of economic growth we have had,” said Bank of America’s director also.
Romano said that in the short term Mexico will live a difficult situation and it looks complicated, in addition, because “in Mexico we were fortunate to have a vigorous growth in the United States for many years.”
The manager said that the Mexican economy induced a lot of uncertainty in recent years due to structural changes, as well as judicial reform did not help and caused to increase Mexican uncertainty.
Mexico continues to grow to 0 percent, 1 percent and 2 percent by a stable, robust and growing economy at 3 percent levels, added the president of the ABM.
“As Mexico’s GDP know, 30 percent are from the United States and we depend on the United States in foreign trade by 40 percent of the GDP of which 80 percent are intended for trade with the United States. Therefore it is very sensitive, the Mexican economy to the behavior of the United States,” he said.
For his part, Raúl Martínez Ostos, general director of Barclay’s, explained that the Mexican economy is slowing down because the United States economy is happening the same.
“In Mexico we are more optimistic than the market, we have 0.7 percent of economic growth in 2025, which is not to jump with emotion, but yes, the economy is not clearly falling,” said the banker.
He added that positive signs began to see, for example, he said that in the first three months housing has grown over the same period last year
He recalled that the macroeconomic fundamentals of the country, if they are not to be jumping with emotion and celebrating, because they are quite solid.
“Public finances are healthy, there is inflation, which has been converging to the objective of the Bank of Mexico, there are balanced external accounts with long -term capital accounts, as well as the autonomy of the Bank of Mexico (Banxico) has been respected,” said Raúl Martínez Ostos.
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