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Updated as of May 10, 2022

$22 MILLION

2019 Expenditures

34 THOUSAND

2019 Person Visits

Mexico was Alberta's 11th largest international market in terms of expenditures before the pandemic.

COVID-19 SITUATION

CASELOAD

Mexico reported just over 440,000 new COVID-19 cases through mid-February, March and April, ranking 21st in the world with more than 5.7 million total cases recorded since the pandemic began (Source: CNN).

Source: Our World in Data on April 29, 2022 

VACCINATION

As of April 25, 198.51 million vaccine doses have been administered in Mexico for a rate of 152.39 per 100 people. This is below U.S., Canada and the U.K.’s rates of 173.20, 219.55, and 208.27, respectively.

Source: Our World in Data

TRAVEL UPDATES

Pre-entry tests are not required for fully vaccinated travellers entering Canada by land, air, or water. 

As of April 25, 2022, unvaccinated and partially vaccinated children under the age of 12 are no longer required to provide a valid pre-entry test result, if they are accompanying a fully vaccinated adult.

According to the Centers for Disease Control and Prevention in the U.S., Mexico is currently at level 3 in terms of travel advisory as there is a high level of COVID cases in the country.

Source: COVID-19 Travel Requirements; CDC 

ECONOMIC LANDSCAPE

KEY INDICATORS PERFORMANCE COMMENTS
GDP (-8.4%) in 2020
5% in 2021
1.8% in 2022
Soaring inflation, tighter financial conditions, and slower global growth due to the conflict in Ukraine are weighing on Mexico's outlook.
Unemployment 3% in March  The lowest jobless rate since the pandemic started in March of 2020. 
Inflation 7.45% in March  Soaring food and energy prices keep driving inflation expectations upwards.
Consumer confidence 44.3 in March  The highest reading since last December. 

Source: Trading Economics; Oxford Economics

AIR ACCESS

Scheduled direct and indirect seat capacity from Mexico to Alberta is improving. It is expected to be at 19 per cent of 2019 levels in May and 16 per cent in June.

Airlines have been securing future seat capacity to ensure they have supply when restrictions are eased, then cancel last-minute if they are not lifted or demand is low.