Hong Kong
Country
Jan-Sep 2024: US$279M, Foreign Direct Investment
About Hong Kong
#permalink to sectionThe main product bought by Mexico from Hong Kong in 2023 was Electronic Integrated Circuits (US$47.5M). The main destinations of purchases made to Hong Kong were Ciudad de México (US$414M), Baja California (US$141M), and Jalisco (US$90.2M).
In the period January to September 2024, the Foreign Direct Investment (FDI) from Hong Kong to Mexico is US$279M. In the same period, the states that received the highest FDI from Hong Kong were Veracruz de Ignacio de la Llave (Confidential), Ciudad de México (US$59.1M), and Michoacán de Ocampo (US$55M).
Regarding remittances, in the N/A, Mexico received N/A in remittances from Hong Kong, while Hong Kong received N/A in remittances from Mexico.
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn November 2024, the international sales from Mexico to Hong Kong were US$84.9M, while international purchases reached US$54.7M. The above results in a trade balance of US$30.2M.
Annual International Trade
#permalink to sectionThe main product bought by Mexico from Hong Kong in 2023 was Electronic Integrated Circuits (US$47.5M). The main destinations of purchases made to Hong Kong were Ciudad de México (US$414M), Baja California (US$141M), and Jalisco (US$90.2M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Hong Kong in November 2024 was Electronic Integrated Circuits (US$17.6M). The main origins of sales to Hong Kong were Chihuahua (US$15.8M), Jalisco (US$11.3M), and Ciudad de México (US$9.95M).
The main product bought by Mexico from Hong Kong in November 2024 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$11.5M). The main destinations of purchases made to Hong Kong were Chihuahua (US$29.2M), Ciudad de México (US$5.43M), and Baja California (US$4.14M).
Net Trade Balance
#permalink to sectionIn 2023, the states with N/A were N/A.
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to September 2024, the FDI from Hong Kong to Mexico reached US$279M, distributed in reinvestment of earnings (US$188M), inter-company debts (US$76.5M), and equity capital (US$14.2M).
From January 1999 to September 2024, Mexico has received a total of US$1.68B in FDI from Hong Kong, distributed in reinvestment of earnings (US$897M), inter-company debts (US$544M), and equity capital (US$242M).
Foreign Direct Investment by States
#permalink to sectionFrom January to September 2024, the states that received the highest FDI from Hong Kong were Veracruz de Ignacio de la Llave (Confidential), Ciudad de México (US$59.1M), and Michoacán de Ocampo (US$55M).
Historically (from January 1999 to September 2024) the states that have received the most FDI from Hong Kong are Michoacán de Ocampo (US$564M), Veracruz de Ignacio de la Llave (US$356M), and Baja California (US$240M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Hong Kong and the remittances that Mexico receives from Hong Kong.
In the N/A, Mexico received N/A in remittances from Hong Kong, while Hong Kong received N/A 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 Hong Kong.
During 2021, a total amount of remittances of US$695k is accumulated, while the FDI from Hong Kong to Mexico accumulated in the year is US$279M.