ProceduresGovernment

Barbados

Country

2024-Q2: US$8.22k, Remittances received from Barbados

About Barbados

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The main sale from Mexico to Barbados in 2023 was Ferrous Products Obtained by Direct Reduction of Iron Ore and other Spongy Ferrous Products, in Lumps, "Pellets" or Similar Forms; Iron with Superior Purity or Equal to 99.94% by Weight, Chunks, "Pellets" or the Like (US$3.3M). The main origins of sales to Barbados were Nuevo León (US$7.02M), Ciudad de México (US$4.33M), and Estado de México (US$2.59M).

The main product bought by Mexico from Barbados in 2023 was Insecticides, Fungicides, Plant Growth Regulators, Disinfectants and the Like, for Retail Sale or as Preparations or Articles (US$73.7k). The main destinations of purchases made to Barbados were Estado de México (US$118k), Durango (US$43.8k), and Ciudad de México (US$34.9k).

Regarding remittances, in the second quarter of 2024, Mexico received US$8.22k in remittances from Barbados, while Barbados received US$0 in remittances from Mexico.

Finally, in terms of immigration to Mexico, 4 inmigrants from Barbados were registered in 2020, 0% women and 100% men. The states with the highest concentration of inmigrants from Barbados were Estado de México (4 people).

Commercial Exchange

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The icons show the percentage share of Barbados in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In July 2024, the international sales from Mexico to Barbados were US$958k, while international purchases reached US$563k. The above results in a trade balance of US$395k.

Annual International Trade

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The main sale from Mexico to Barbados in 2023 was Ferrous Products Obtained by Direct Reduction of Iron Ore and other Spongy Ferrous Products, in Lumps, "Pellets" or Similar Forms; Iron with Superior Purity or Equal to 99.94% by Weight, Chunks, "Pellets" or the Like (US$3.3M). The main origins of sales to Barbados were Nuevo León (US$7.02M), Ciudad de México (US$4.33M), and Estado de México (US$2.59M).

The main product bought by Mexico from Barbados in 2023 was Insecticides, Fungicides, Plant Growth Regulators, Disinfectants and the Like, for Retail Sale or as Preparations or Articles (US$73.7k). The main destinations of purchases made to Barbados were Estado de México (US$118k), Durango (US$43.8k), and Ciudad de México (US$34.9k).

Monthly International Trade

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The main sale from Mexico to Barbados in July 2024 was Refrigerators, Freezers and other Refrigerating or Freezing Equipment (US$189k). The main origins of sales to Barbados were Nuevo León (US$362k), Ciudad de México (US$198k), and Estado de México (US$105k).

The main product bought by Mexico from Barbados in July 2024 was Preparations Hides after Tanning or Crusting and Shrunken Skins of Bovine (Including Buffalo) or Equine, whether or not Split, except those of Heading 41.14 (US$554k). The main destinations of purchases made to Barbados were Coahuila de Zaragoza (US$554k), Estado de México (US$4.26k), and Durango (US$1.64k).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Nuevo León (US$7M), Ciudad de México (US$4.29M), and Estado de México (US$2.47M).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Barbados and the remittances that Mexico receives from Barbados.

In the second quarter of 2024, Mexico received US$8.22k in remittances from Barbados, while Barbados received US$0 in remittances from Mexico.

Immigration from Barbados

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The map shows the destination states of migrants from Barbados to Mexico in recent years. The bar chart shows the main causes of migration.

The states with the highest concentration of migrants from Barbados were Estado de México (4 people).

The main reasons of migration from Barbados to Mexico in recent years were personal (4 people).

Diversity of immigrants

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The graph shows the population pyramid of the migrant population from Barbados to Mexico in recent years.

4 inmigrants from Barbados were registered, 0% women and 100% men.

The age ranges that concentrated the largest migrant population from Barbados were 40 to 44 years (4 people). These concentrated 100% of the total migrant population.