Mexico’s answer to Amaretto (and no, I didn’t know there was a challenge that needed answering either) is Almendrado, a tequila-based liqueur flavored strongly with almonds and bottled at 60 proof.
If you’re the type of person who can handle Amaretto on the rocks after dinner, you’ll have no trouble with Reserva del Señor Almendrado. (As far as I can tell, Reserva del Señor is the only company in the Almendrado business.) The tequila base is almost completely masked by the sugary sweet almond flavor, creating a dessert-like experience in a glass that’s heady with candied nuts. I’m sure you will find more differences among Amaretto brands than you will between Almendrado and, say, DiSaronno.
All that said, Reserva del Señor Almendrado is perfectly palatable in small doses and can work well in cocktails, I think. Pairing it with Licor 43 and Kahlua feels like a natural for a south-of-the-border themed dessert drink.
B / $22 / almendrado.com