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FM: Great opportunities for Hungarian companies in the Mexican market

Minister Szijjártó noted that Hungary's bilateral trade with Mexico had risen to over USD 2 billion in 2024, reaching a new record.

Péter Szijjártó, Minister of Foreign Affairs and Trade, said there were "great opportunities" for Hungarian companies in the Mexican market in Mexico City on Wednesday.

"Mexico wants to be among the ten biggest economies in the world, and to achieve that goal the country has launched development programs that offer an outstanding opportunity for success for Hungarian companies on the Mexican market, especially in the areas of water management, the food industry and the pharmaceutical industry," Minister Szijjártó said in a statement released by his ministry.

Minister Szijjártó noted that Hungary's bilateral trade with Mexico had risen to over USD 2 billion in 2024, reaching a new record, and highlighted the presence of Hungarian pharmaceutical company Gedeon Richter on the local market as well as Hungary's exports of chicks and medical equipment to Mexico. He added that Hungarian companies could capitalise on their references from the 2022 FIFA World Cup in Qatar when Mexico hosts the 2026 World Cup matches.