This suggests that international investment can take very different forms within the same country, to the point that a single foreign economy may simultaneously participate in production, distribution and consumption functions across different markets.

This becomes particularly evident when looking at the common element among the three markets: at least 25 countries maintain operations in all three host cities, bringing together within the same economic space countries that compete with one another in manufacturing, technology, trade and global influence, such as the United States and China.

However, that convergence does not imply a uniform distribution. U.S. companies, for example, account for nearly 47% of the space occupied by foreign companies. Together, they use more than 12 million square meters of industrial space, an area approaching the nearly 15 million occupied by Mexican companies.

Beyond these differences, the industrial geography of Mexico's three host cities reveals less three separate markets than a single international integration organized around distinct functions. Thus, although many of the decisions that explain their growth and specialization are made outside the country, their concentration in these markets suggests the existence of shared conditions that bring them together in the same industrial corridors. In other words, investment decisions may originate in different parts of the world, but their realization still depends, at least in part, on local conditions.

Viewed from that perspective, the World Cup serves as a reminder that international presence in Mexico is not an exception associated with major events, but rather a structural condition of some of its most important markets. And so, when the tournament ends and the national teams return home, most of the companies that occupy those markets today will remain right where they already were.

For more information, visit SiiLA Market Analytics or write to us at contacto@siila.com.mx.