Mexico benefits from nearshoring and AI growth, with key USMCA review ahead.

Mexico's economy is gaining from nearshoring trends and has indirect exposure to AI infrastructure development, driven by strong industrial and materials sectors. Valuations remain supportive alongside an ongoing rate-cutting cycle. The upcoming 2026 review of the United States-Mexico-Canada Agreement (USMCA) is a crucial event expected to influence future investment flows and trade dynamics in the region.