Saudi Arabia
Country
2024-Q2: US$136k, Remittances received from Saudi Arabia
About Saudi Arabia
#permalink to sectionThe main sale from Mexico to Saudi Arabia in 2023 was Motor Vehicles for the Transport of Goods (US$185M). The main origins of sales to Saudi Arabia were Ciudad de México (US$300M), Veracruz de Ignacio de la Llave (US$96.8M), and Nuevo León (US$55.2M).
The main product bought by Mexico from Saudi Arabia in 2023 was Ethers, Peroxides, and their Halogenated, Sulfonated, Nitrated or Nitrosated (US$130M). The main destinations of purchases made to Saudi Arabia were Ciudad de México (US$154M), Estado de México (US$39.2M), and Querétaro (US$21.3M).
Regarding remittances, in the second quarter of 2024, Mexico received US$136k in remittances from Saudi Arabia, while Saudi Arabia received US$35.6k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 153 inmigrants from Saudi Arabia were registered in 2020, 32.7% women and 67.3% men. The states with the highest concentration of inmigrants from Saudi Arabia were Ciudad de México (105 people), Estado de México (28 people), and Oaxaca (19 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Saudi Arabia were US$41.6M, while international purchases reached US$9.5M. The above results in a trade balance of US$32.1M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Saudi Arabia in 2023 was Motor Vehicles for the Transport of Goods (US$185M). The main origins of sales to Saudi Arabia were Ciudad de México (US$300M), Veracruz de Ignacio de la Llave (US$96.8M), and Nuevo León (US$55.2M).
The main product bought by Mexico from Saudi Arabia in 2023 was Ethers, Peroxides, and their Halogenated, Sulfonated, Nitrated or Nitrosated (US$130M). The main destinations of purchases made to Saudi Arabia were Ciudad de México (US$154M), Estado de México (US$39.2M), and Querétaro (US$21.3M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Saudi Arabia in July 2024 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$15.8M). The main origins of sales to Saudi Arabia were Ciudad de México (US$18.2M), Nuevo León (US$9.47M), and Veracruz de Ignacio de la Llave (US$7M).
The main product bought by Mexico from Saudi Arabia in July 2024 was Mixed Alkylbenzenes and Mixed Alkylnaphthalenes, other than those of Heading 2707 or 2902 (US$4.01M). The main destinations of purchases made to Saudi Arabia were Estado de México (US$6.37M), Tamaulipas (US$827k), and Nuevo León (US$390k).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Ciudad de México (US$146M), Veracruz de Ignacio de la Llave (US$89M), and Nuevo León (US$45.6M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Saudi Arabia and the remittances that Mexico receives from Saudi Arabia.
In the second quarter of 2024, Mexico received US$136k in remittances from Saudi Arabia, while Saudi Arabia received US$35.6k in remittances from Mexico.
Migration
#permalink to sectionImmigration from Saudi Arabia
#permalink to sectionThe map shows the destination states of migrants from Saudi Arabia to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Saudi Arabia were Ciudad de México (105 people), Estado de México (28 people), and Oaxaca (19 people).
The main reasons of migration from Saudi Arabia to Mexico in recent years were family (57 people) and unspecified cause of migration (36 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Saudi Arabia to Mexico in recent years.
153 inmigrants from Saudi Arabia were registered, 32.7% women and 67.3% men.
The age ranges that concentrated the largest migrant population from Saudi Arabia were 30 to 34 years (91 people), 35 to 39 years (33 people), and 40 to 44 years (14 people). These concentrated 90.2% of the total migrant population.