Mexico and Spain announced a series of long-term economic objectives aimed at expanding bilateral trade, increasing investment flows, and strengthening cooperation in strategic sectors such as infrastructure, energy, finance, water management, and technology.
The announcement was made during the official visit of Spain’s Minister of Economy, Trade and Enterprise, Carlos Cuerpo, to Mexico City on June 2, 2026.
Mexico and Spain Aim to Double Trade by 2030
One of the most significant announcements from the meeting was the shared goal of doubling bilateral trade by the end of the decade.
Spain also seeks to increase bilateral investment by at least 50%, building upon an already substantial economic relationship.
| Metric | Current Level |
|---|---|
| Bilateral investment stock | Approximately €100 billion |
| Spanish companies operating in Mexico | More than 5,400 |
| Spanish delegation visiting Mexico | More than 60 companies |
| Bilateral trade growth since the pandemic | Over 44% |
| Target trade growth by 2030 | 100% increase |
| Target investment growth by 2030 | 50% increase |
Why Mexico Remains a Strategic Destination for Foreign Investment
The renewed commitment from Spain comes at a time when global businesses are seeking stable investment destinations with clear regulatory frameworks and strong international partnerships.
Key Takeaways
- Mexico and Spain aim to double bilateral trade by 2030.
- Both countries seek to increase investment flows by at least 50%.
- Spain remains Mexico’s second-largest foreign investor.
- More than 5,400 Spanish companies currently operate in Mexico.
- The modernized EU–Mexico Agreement provides a long-term framework for growth.
- Improved diplomatic relations are supporting greater business confidence.
