Colombia
Country
Jan-Jun 2024: US$105M, Foreign Direct Investment
2024-Q2: US$10.1M, Remittances received from Colombia
About Colombia
#permalink to sectionThe main sale from Mexico to Colombia in 2023 was Monitors and Projectors, not Incorporating Television Reception Apparatus (US$273M). The main origins of sales to Colombia were Ciudad de México (US$708M), Estado de México (US$467M), and Baja California (US$294M).
The main product bought by Mexico from Colombia in 2023 was Coal; Briquettes, Ovoids and Similar Solid Fuels, from Coal (US$680M). The main destinations of purchases made to Colombia were Ciudad de México (US$1.43B), Estado de México (US$259M), and Jalisco (US$133M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from Colombia to Mexico is US$105M. In the same period, the states that received the highest FDI from Colombia were Ciudad de México (US$4.76M), Quintana Roo (US$2.04M), and Guerrero (Confidential).
Regarding remittances, in the second quarter of 2024, Mexico received US$10.1M in remittances from Colombia, while Colombia received US$63.9M in remittances from Mexico.
Finally, in terms of immigration to Mexico, 13,940 inmigrants from Colombia were registered in 2020, 52.2% women and 47.8% men. The states with the highest concentration of inmigrants from Colombia were Ciudad de México (4,747 people), Estado de México (2,114 people), and Jalisco (1,081 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Colombia were US$239M, while international purchases reached US$189M. The above results in a trade balance of US$49.6M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Colombia in 2023 was Monitors and Projectors, not Incorporating Television Reception Apparatus (US$273M). The main origins of sales to Colombia were Ciudad de México (US$708M), Estado de México (US$467M), and Baja California (US$294M).
The main product bought by Mexico from Colombia in 2023 was Coal; Briquettes, Ovoids and Similar Solid Fuels, from Coal (US$680M). The main destinations of purchases made to Colombia were Ciudad de México (US$1.43B), Estado de México (US$259M), and Jalisco (US$133M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Colombia in July 2024 was Monitors and Projectors, not Incorporating Television Reception Apparatus (US$24.2M). The main origins of sales to Colombia were Ciudad de México (US$68.1M), Estado de México (US$31.4M), and Baja California (US$26.4M).
The main product bought by Mexico from Colombia in July 2024 was Coal; Briquettes, Ovoids and Similar Solid Fuels, from Coal (US$66M). The main destinations of purchases made to Colombia were Ciudad de México (US$115M), Estado de México (US$24.6M), and Nuevo León (US$10.1M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Baja California (US$273M), Guanajuato (US$271M), and Estado de México (US$210M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to June 2024, the FDI from Colombia to Mexico reached US$11.9M, distributed in inter-company debts (US$7.31M), reinvestment of earnings (US$4.19M), and equity capital (US$404k).
From January 1999 to June 2024, Mexico has received a total of US$2.32B in FDI from Colombia, distributed in equity capital (US$1.58B), reinvestment of earnings (US$411M), and inter-company debts (US$328M).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from Colombia were Ciudad de México (US$4.76M), Quintana Roo (US$2.04M), and Guerrero (Confidential).
Historically (from January 1999 to June 2024) the states that have received the most FDI from Colombia are Ciudad de México (US$1.41B), Estado de México (US$211M), and Nuevo León (US$104M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Colombia and the remittances that Mexico receives from Colombia.
In the second quarter of 2024, Mexico received US$10.1M in remittances from Colombia, while Colombia received US$63.9M 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 Colombia.
During 2021, a total amount of remittances of US$19.5M is accumulated, while the FDI from Colombia to Mexico accumulated in the year is US$105M.
Migration
#permalink to sectionImmigration from Colombia
#permalink to sectionThe map shows the destination states of migrants from Colombia to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Colombia were Ciudad de México (4,747 people), Estado de México (2,114 people), and Jalisco (1,081 people).
The main reasons of migration from Colombia to Mexico in recent years were economical (3,221 people) and family (2,862 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Colombia to Mexico in recent years.
13,940 inmigrants from Colombia were registered, 52.2% women and 47.8% men.
The age ranges that concentrated the largest migrant population from Colombia were 25 to 29 years (3,228 people), 30 to 34 years (2,653 people), and 35 to 39 years (2,043 people). These concentrated 56.8% of the total migrant population.