The Top 20 Host Economies of FDI Inflows in 2022 is shown in the chart below. The US was again the world’s top country for Foreign Direct Investment with an inflow if $285 billion. This was 26% less than the figure in 2021. The next top destinations for FDI were China, Singapore, Hong Kong and Brazil. Though Mexico is considered as a rising competitor to China, the FDI inflow is nowhere near China’s. Mexico received just $35 billion in inflows compared to China’s $189 billion in 2022.
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Source: World Investment Report 2023, UNCTAD
