Guatemala
Country
Jan-Jun 2024: US$3.96M, Foreign Direct Investment
2024-Q2: US$22.7M, Remittances received from Guatemala
About Guatemala
#permalink to sectionThe main sale from Mexico to Guatemala in 2023 was Electric Power (Partida Discretionary) (US$130M). The main origins of sales to Guatemala were Ciudad de México (US$897M), Estado de México (US$444M), and Nuevo León (US$379M).
The main product bought by Mexico from Guatemala in 2023 was Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified (US$79.5M). The main destinations of purchases made to Guatemala were Ciudad de México (US$241M), Jalisco (US$113M), and Estado de México (US$91.8M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from Guatemala to Mexico is US$3.96M. In the same period, the states that received the highest FDI from Guatemala were Baja California (Confidential).
Regarding remittances, in the second quarter of 2024, Mexico received US$22.7M in remittances from Guatemala, while Guatemala received US$7.79M in remittances from Mexico.
Finally, in terms of immigration to Mexico, 13,791 inmigrants from Guatemala were registered in 2020, 55% women and 45% men. The states with the highest concentration of inmigrants from Guatemala were Chiapas (7,531 people), Quintana Roo (2,028 people), and Baja California (751 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Guatemala were US$240M, while international purchases reached US$65.4M. The above results in a trade balance of US$174M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Guatemala in 2023 was Electric Power (Partida Discretionary) (US$130M). The main origins of sales to Guatemala were Ciudad de México (US$897M), Estado de México (US$444M), and Nuevo León (US$379M).
The main product bought by Mexico from Guatemala in 2023 was Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified (US$79.5M). The main destinations of purchases made to Guatemala were Ciudad de México (US$241M), Jalisco (US$113M), and Estado de México (US$91.8M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Guatemala in July 2024 was Electrical Wires and Cables (US$8.89M). The main origins of sales to Guatemala were Ciudad de México (US$69.5M), Estado de México (US$37.6M), and Nuevo León (US$28.7M).
The main product bought by Mexico from Guatemala in July 2024 was Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form (US$7.92M). The main destinations of purchases made to Guatemala were Ciudad de México (US$24.7M), Jalisco (US$8.95M), and Estado de México (US$7.99M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Ciudad de México (US$669M), Nuevo León (US$372M), and Estado de México (US$361M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionFrom January 1999 to June 2024, Mexico has received a total of US$187M in FDI from Guatemala, distributed in equity capital (US$158M) and inter-company debts (US$28.3M).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from Guatemala were Baja California (Confidential).
Historically (from January 1999 to June 2024) the states that have received the most FDI from Guatemala are Puebla (US$50.9M), Nuevo León (US$41M), and Ciudad de México (US$26.6M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Guatemala and the remittances that Mexico receives from Guatemala.
In the second quarter of 2024, Mexico received US$22.7M in remittances from Guatemala, while Guatemala received US$7.79M 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 Guatemala.
During 2021, a total amount of remittances of US$52M is accumulated, while the FDI from Guatemala to Mexico accumulated in the year is US$3.96M.
Migration
#permalink to sectionImmigration from Guatemala
#permalink to sectionThe map shows the destination states of migrants from Guatemala to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Guatemala were Chiapas (7,531 people), Quintana Roo (2,028 people), and Baja California (751 people).
The main reasons of migration from Guatemala to Mexico in recent years were labor (5,844 people) and family (4,060 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Guatemala to Mexico in recent years.
13,791 inmigrants from Guatemala were registered, 55% women and 45% men.
The age ranges that concentrated the largest migrant population from Guatemala were 20 to 24 years (3,048 people), 25 to 29 years (2,131 people), and 15 to 19 years (1,784 people). These concentrated 50.5% of the total migrant population.