Australia
Country
Jan-Jun 2024: US$276M, Foreign Direct Investment
2024-Q2: US$1.4M, Remittances received from Australia
About Australia
#permalink to sectionThe main sale from Mexico to Australia in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$247M). The main origins of sales to Australia were Ciudad de México (US$257M), Puebla (US$218M), and Jalisco (US$124M).
The main product bought by Mexico from Australia in 2023 was Turnip Seeds (Canola) or Rapeseed Oil, whether or not Broken (US$117M). The main destinations of purchases made to Australia were Nuevo León (US$146M), Jalisco (US$143M), and Ciudad de México (US$73.4M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from Australia to Mexico is US$276M. In the same period, the states that received the highest FDI from Australia were Estado de México (Confidential), Ciudad de México (US$10.8M), and Nuevo León (Confidential).
Regarding remittances, in the second quarter of 2024, Mexico received US$1.4M in remittances from Australia, while Australia received US$290k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 695 inmigrants from Australia were registered in 2020, 27.6% women and 72.4% men. The states with the highest concentration of inmigrants from Australia were Ciudad de México (317 people), Tamaulipas (114 people), and Yucatán (87 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Australia were US$66.6M, while international purchases reached US$112M. The above results in a trade balance of -US$45.4M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Australia in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$247M). The main origins of sales to Australia were Ciudad de México (US$257M), Puebla (US$218M), and Jalisco (US$124M).
The main product bought by Mexico from Australia in 2023 was Turnip Seeds (Canola) or Rapeseed Oil, whether or not Broken (US$117M). The main destinations of purchases made to Australia were Nuevo León (US$146M), Jalisco (US$143M), and Ciudad de México (US$73.4M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Australia in July 2024 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$15.9M). The main origins of sales to Australia were Ciudad de México (US$32.4M), Jalisco (US$6.05M), and Nuevo León (US$5.48M).
The main product bought by Mexico from Australia in July 2024 was Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad (US$7.13M). The main destinations of purchases made to Australia were Nuevo León (US$8.82M), Ciudad de México (US$5.64M), and Baja California (US$2.88M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Puebla (US$216M), San Luis Potosí (US$144M), and Ciudad de México (US$117M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to June 2024, the FDI from Australia to Mexico reached US$41.5M, distributed in inter-company debts (US$43.9M), equity capital (US$18.9k), and reinvestment of earnings (-US$2.4M).
From January 1999 to June 2024, Mexico has received a total of US$9.37B in FDI from Australia, distributed in reinvestment of earnings (US$4.57B), equity capital (US$4.26B), and inter-company debts (US$536M).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from Australia were Estado de México (Confidential), Ciudad de México (US$10.8M), and Nuevo León (Confidential).
Historically (from January 1999 to June 2024) the states that have received the most FDI from Australia are Estado de México (US$4.53B), Ciudad de México (US$2.46B), and Tamaulipas (US$816M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Australia and the remittances that Mexico receives from Australia.
In the second quarter of 2024, Mexico received US$1.4M in remittances from Australia, while Australia received US$290k in remittances from Mexico.
Remittancesand Foreign Direct Investment
#permalink to sectionThe visualization compares the evolution of Foreign Direct Investment (FDI) and the income from remittances from Australia.
During 2021, a total amount of remittances of US$2.72M is accumulated, while the FDI from Australia to Mexico accumulated in the year is US$276M.
Migration
#permalink to sectionImmigration from Australia
#permalink to sectionThe map shows the destination states of migrants from Australia to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Australia were Ciudad de México (317 people), Tamaulipas (114 people), and Yucatán (87 people).
The main reasons of migration from Australia to Mexico in recent years were family (301 people) and labor (159 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Australia to Mexico in recent years.
695 inmigrants from Australia were registered, 27.6% women and 72.4% men.
The age ranges that concentrated the largest migrant population from Australia were 30 to 34 years (213 people), 25 to 29 years (167 people), and 35 to 39 years (159 people). These concentrated 77.6% of the total migrant population.