France
Country
Jan-Jun 2024: -US$959M, Foreign Direct Investment
2024-Q2: US$5.63M, Remittances received from France
About France
#permalink to sectionThe main sale from Mexico to France in 2023 was Instruments and Appliances Used in Medical Sciences (US$165M). The main origins of sales to France were Ciudad de México (US$293M), Querétaro (US$139M), and Jalisco (US$131M).
The main product bought by Mexico from France in 2023 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$342M). The main destinations of purchases made to France were Ciudad de México (US$1.94B), Querétaro (US$754M), and Estado de México (US$612M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from France to Mexico is -US$959M. In the same period, the states that received the highest FDI from France were Chihuahua (US$21.7M), Querétaro (Confidential), and Baja California (US$17M).
Regarding remittances, in the second quarter of 2024, Mexico received US$5.63M in remittances from France, while France received US$1.11M in remittances from Mexico.
Finally, in terms of immigration to Mexico, 3,712 inmigrants from France were registered in 2020, 51.8% women and 48.2% men. The states with the highest concentration of inmigrants from France were Ciudad de México (1,131 people), Jalisco (711 people), and Yucatán (224 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to France were US$92.9M, while international purchases reached US$489M. The above results in a trade balance of -US$396M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to France in 2023 was Instruments and Appliances Used in Medical Sciences (US$165M). The main origins of sales to France were Ciudad de México (US$293M), Querétaro (US$139M), and Jalisco (US$131M).
The main product bought by Mexico from France in 2023 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$342M). The main destinations of purchases made to France were Ciudad de México (US$1.94B), Querétaro (US$754M), and Estado de México (US$612M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to France in July 2024 was Instruments and Appliances Used in Medical Sciences (US$13.4M). The main origins of sales to France were Ciudad de México (US$26.9M), Nuevo León (US$12.3M), and Querétaro (US$11.7M).
The main product bought by Mexico from France in July 2024 was Turbojets, Turbopropellers and other Gas Turbines (US$32M). The main destinations of purchases made to France were Ciudad de México (US$178M), Querétaro (US$78.1M), and Estado de México (US$62.7M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Yucatán (US$43.9M), Veracruz de Ignacio de la Llave (US$6.47M), and Oaxaca (US$2.16M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to June 2024, the FDI from France to Mexico reached -US$1.26B, distributed in reinvestment of earnings (US$302M), equity capital (US$1.32M), and inter-company debts (-US$1.57B).
From January 1999 to June 2024, Mexico has received a total of US$13.8B in FDI from France, distributed in equity capital (US$6.02B), reinvestment of earnings (US$5.41B), and inter-company debts (US$2.38B).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from France were Chihuahua (US$21.7M), Querétaro (Confidential), and Baja California (US$17M).
Historically (from January 1999 to June 2024) the states that have received the most FDI from France are Ciudad de México (US$3.76B), Querétaro (US$1.15B), and Chihuahua (US$1.1B).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to France and the remittances that Mexico receives from France.
In the second quarter of 2024, Mexico received US$5.63M in remittances from France, while France received US$1.11M 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 France.
During 2021, a total amount of remittances of US$11.6M is accumulated, while the FDI from France to Mexico accumulated in the year is -US$959M.
Migration
#permalink to sectionImmigration from France
#permalink to sectionThe map shows the destination states of migrants from France to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from France were Ciudad de México (1,131 people), Jalisco (711 people), and Yucatán (224 people).
The main reasons of migration from France to Mexico in recent years were family (860 people) and living place (782 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from France to Mexico in recent years.
3,712 inmigrants from France were registered, 51.8% women and 48.2% men.
The age ranges that concentrated the largest migrant population from France were 25 to 29 years (1,134 people), 30 to 34 years (1,064 people), and 20 to 24 years (334 people). These concentrated 68.2% of the total migrant population.