The 500 Most Important Companies in Mexico

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The year 2023 was a turning point for large companies in Mexico, as inflation, monetary policy, and exchange rates dominated the national macroeconomic scene, making companies the crucial thermometer for measuring the country’s financial health.

In this context, the edition of “The 500 Most Important Companies in Mexico” gains greater relevance: more than just a list of companies, this ranking becomes a reflection of the capacity for adaptation, resilience, and leadership in a challenging environment.

Beyond the numbers and figures, this special also highlights the stories behind these companies, their strategies, the people who manage them, and the impact they have on the economy and society.

The monetary policy decisions of Mexico and the United States were key in the movement of the peso-dollar exchange rate.

A higher interest rate made the country more attractive to investors, but not all companies celebrate this news, especially those that sell abroad, as their appreciation exerted constant pressure on their sales. Such is the case with mining companies, which lost doubly due to the performance of international metal prices.

Next, we share with you the Top 10 of The 500 Most Important Companies in Mexico.

  1. Petróleos Mexicanos (Mexico).
  2. Walmart de México y Centroamérica (USA).
  3. América Móvil (Mexico).
  4. FEMSA (Mexico).
  5. Comisión Federal de Electricidad (Mexico).
  6. General Motors de México (United States).
  7. Grupo Financiero Banorte (Mexico).
  8. Grupo Financiero BBVA (Spain).
  9. Grupo Bimbo (Mexico).
  10. Stellantis México (Netherlands).

Source: Expansion