United States
Country
Jan-Jun 2024: US$13.7B, Foreign Direct Investment
2024-Q2: US$16.6B, Remittances received from United States
About United States
#permalink to sectionThe main sale from Mexico to United States in 2023 was Parts and Accessories of Motor Vehicles (US$36B). The main origins of sales to United States were Ciudad de México (US$81.5B), Chihuahua (US$67.1B), and Nuevo León (US$55.4B).
The main product bought by Mexico from United States in 2023 was Oils of Petroleum or Bituminous Minerals (US$28.6B). The main destinations of purchases made to United States were Ciudad de México (US$93.9B), Nuevo León (US$25.1B), and Baja California (US$22.6B).
In the period January to June 2024, the Foreign Direct Investment (FDI) from United States to Mexico is US$13.7B. In the same period, the states that received the highest FDI from United States were Ciudad de México (US$8.92B), Chihuahua (US$478M), and Estado de México (US$443M).
Regarding remittances, in the second quarter of 2024, Mexico received US$16.6B in remittances from United States, while United States received US$174M in remittances from Mexico.
Finally, in terms of immigration to Mexico, 381,464 inmigrants from United States were registered in 2020, 30.2% women and 69.8% men. The states with the highest concentration of inmigrants from United States were Baja California (41,211 people), Jalisco (33,159 people), and Michoacán de Ocampo (27,309 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to United States were US$44.9B, while international purchases reached US$20.9B. The above results in a trade balance of US$24B.
Annual International Trade
#permalink to sectionThe main sale from Mexico to United States in 2023 was Parts and Accessories of Motor Vehicles (US$36B). The main origins of sales to United States were Ciudad de México (US$81.5B), Chihuahua (US$67.1B), and Nuevo León (US$55.4B).
The main product bought by Mexico from United States in 2023 was Oils of Petroleum or Bituminous Minerals (US$28.6B). The main destinations of purchases made to United States were Ciudad de México (US$93.9B), Nuevo León (US$25.1B), and Baja California (US$22.6B).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to United States in July 2024 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$3.76B). The main origins of sales to United States were Ciudad de México (US$7.89B), Chihuahua (US$7.48B), and Nuevo León (US$5.1B).
The main product bought by Mexico from United States in July 2024 was Oils of Petroleum or Bituminous Minerals (US$1.72B). The main destinations of purchases made to United States were Ciudad de México (US$7.12B), Nuevo León (US$2.08B), and Baja California (US$2.05B).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Chihuahua (US$49.8B), Baja California (US$32.9B), and Nuevo León (US$29.4B).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to June 2024, the FDI from United States to Mexico reached US$10.6B, distributed in reinvestment of earnings (US$10.4B), equity capital (US$444M), and inter-company debts (-US$248M).
From January 1999 to June 2024, Mexico has received a total of US$323B in FDI from United States, distributed in equity capital (US$135B), reinvestment of earnings (US$121B), and inter-company debts (US$66.6B).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from United States were Ciudad de México (US$8.92B), Chihuahua (US$478M), and Estado de México (US$443M).
Historically (from January 1999 to June 2024) the states that have received the most FDI from United States are Ciudad de México (US$87.7B), Nuevo León (US$30.4B), and Estado de México (US$28.2B).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to United States and the remittances that Mexico receives from United States.
In the second quarter of 2024, Mexico received US$16.6B in remittances from United States, while United States received US$174M 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 United States.
During 2021, a total amount of remittances of US$30.2B is accumulated, while the FDI from United States to Mexico accumulated in the year is US$13.7B.
Migration
#permalink to sectionImmigration from United States
#permalink to sectionThe map shows the destination states of migrants from United States to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from United States were Baja California (41,211 people), Jalisco (33,159 people), and Michoacán de Ocampo (27,309 people).
The main reasons of migration from United States to Mexico in recent years were family (191,782 people) and labor (53,513 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from United States to Mexico in recent years.
381,464 inmigrants from United States were registered, 30.2% women and 69.8% men.
The age ranges that concentrated the largest migrant population from United States were 30 to 34 years (48,076 people), 35 to 39 years (47,531 people), and 40 to 44 years (39,644 people). These concentrated 35.5% of the total migrant population.