Only Hong Kong makes a difference. Between January and May, the Mexican exports to that territory ascend to 1,050 million dollarswhile imports were located at 295 million. The trade balance leaves a 755 million dollars surplusthe only one among the eleven other Asian partners detailing Banxico.
The balance has explanation in the data. Mexican exports to Hong Kong grow 151.3% compared to the same period of the previous year. Last year they already showed a positive trend, with an increase of 29.4% and an annual total of 1,089 million dollars.
The balance in favor of Mexico predominates in the last decade.
A weight partner
According to the Commercial Development Council of that Asian territory, among all the economies of Latin America, Mexico occupies a special place in the ports of Hong Kong. Became his largest commercial partner in the region.
Of every 100 dollars that Hong Kong exchanges with Latin America, 35 end up linked to the Mexican market. The relationship is not new, but in recent years it took strength.
In 2024, Mexico appeared as the fourth source of Hong Kong’s purchases in Latin America, with a 11.6% participation in the regional total.
It also became a greater destiny of hongkonese exports in the region. Almost half, 47.7%, are destined for the national territory.
The link was firmly woven from both fronts, with a constant flow of goods, technology and services that made Mexico the most visible face in the region for Hongkonese businesses. Between semiconductor, screens, circuits, electronic parts and computer equipment, the exchange found solid routes.
An agreement that drives the relationship
There is no free trade agreement between both parties, but an agreement to protect investments.
The investment promotion and protection agreement (IPPA) was signed in 2020 and entered into force on June 16, 2021, which has served as an anchor to expand the economic link. It also has a comprehensive double -taxation agreement (Acti) with Mexico, in force since March 7, 2013.
The Chamber of Commerce of Mexico in Hong Kong considers the island as a key destination for national economic interests. There are more than 200 companies with Hongkonese capital registered in Mexico, whose accumulated investment amounts to 1,683 million dollars, refer to data from the Ministry of Economy.
According to Investhk, Hong Kong and Zhuhai have a strategic platform to attract Mexican investment towards the Gran Delta del Río de la Perla, one of the regions with the greatest economic dynamism in China. They offer key advantages: simple tax system, free capital flow, legal certainty and specialized talent.
The HENGQIN area adds tax incentives, logistics facilities and sectoral policies in technology and innovation. The message to Mexican companies points to integration into regional high -value chains, with competitive operating costs and immediate access to the market of southern China.
Mexico is emerging in the eyes of Hong Kong as a diverse, robust and strategically located economy. Its second position in the Latin American ranking is not supported in promises, but in facts: a solid industrial base, private private capital, available natural resources and a friendly environment with foreign capital.
Its network of commercial treaties opens the way to fifty countries, and allows you to integrate without friction into the most demanding value chains in the world.
With Claudia Sheinbaum at the head of the country, the political scenario points to an economic pragmatism that combines social spending with infrastructure and investment. The Mexico Plan draws a road map that seeks to detonate strategic sectors, raise the national content in exports and expand high -end industrial parks.
The horizon does not look opaque for Hong Kong, because Mexico anchors its commitment to innovation, tax incentives and the promise of a more sophisticated integration into global trade.
