India
Country
Jan-Jun 2024: US$21.3M, Foreign Direct Investment
About India
#permalink to sectionThe main sale from Mexico to India in 2023 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$250M). The main origins of sales to India were Ciudad de México (US$313M), Jalisco (US$277M), and Nuevo León (US$58.9M).
The main product bought by Mexico from India in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$1.13B). The main destinations of purchases made to India were Ciudad de México (US$2.17B), Nuevo León (US$909M), and Estado de México (US$843M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from India to Mexico is US$21.3M. In the same period, the states that received the highest FDI from India were Nuevo León (Confidential), Ciudad de México (US$781k), and Estado de México (Confidential).
Regarding remittances, in the second quarter of 2024, Mexico received US$0 in remittances from India, while India received US$508k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 1,825 inmigrants from India were registered in 2020, 31.4% women and 68.6% men. The states with the highest concentration of inmigrants from India were Jalisco (546 people), Ciudad de México (518 people), and Nuevo León (360 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to India were US$89.9M, while international purchases reached US$807M. The above results in a trade balance of -US$717M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to India in 2023 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$250M). The main origins of sales to India were Ciudad de México (US$313M), Jalisco (US$277M), and Nuevo León (US$58.9M).
The main product bought by Mexico from India in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$1.13B). The main destinations of purchases made to India were Ciudad de México (US$2.17B), Nuevo León (US$909M), and Estado de México (US$843M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to India in July 2024 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$32.9M). The main origins of sales to India were Ciudad de México (US$38M), Jalisco (US$17.3M), and Tamaulipas (US$5.68M).
The main product bought by Mexico from India in July 2024 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$167M). The main destinations of purchases made to India were Ciudad de México (US$219M), Puebla (US$121M), and Estado de México (US$81.2M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Nayarit (-US$153k), Oaxaca (-US$234k), and Guerrero (-US$349k).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionFrom January 1999 to June 2024, Mexico has received a total of US$431M in FDI from India, distributed in equity capital (US$226M), reinvestment of earnings (US$151M), and inter-company debts (US$53.2M).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from India were Nuevo León (Confidential), Ciudad de México (US$781k), and Estado de México (Confidential).
Historically (from January 1999 to June 2024) the states that have received the most FDI from India are Ciudad de México (US$189M), Nuevo León (US$86.4M), and Estado de México (US$56.7M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to India and the remittances that Mexico receives from India.
In the second quarter of 2024, Mexico received US$0 in remittances from India, while India received US$508k 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 India.
During 2021, a total amount of remittances of US$0 is accumulated, while the FDI from India to Mexico accumulated in the year is US$21.3M.
Migration
#permalink to sectionImmigration from India
#permalink to sectionThe map shows the destination states of migrants from India to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from India were Jalisco (546 people), Ciudad de México (518 people), and Nuevo León (360 people).
The main reasons of migration from India to Mexico in recent years were economical (836 people) and family (437 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from India to Mexico in recent years.
1,825 inmigrants from India were registered, 31.4% women and 68.6% men.
The age ranges that concentrated the largest migrant population from India were 25 to 29 years (599 people), 30 to 34 years (516 people), and 35 to 39 years (259 people). These concentrated 75.3% of the total migrant population.