Iceland
Country
2024-Q2: US$14.2k, Remittances received from Iceland
About Iceland
#permalink to sectionThe main sale from Mexico to Iceland in 2023 was Motor Vehicles for the Transport of Goods (US$3.24M). The main origins of sales to Iceland were Ciudad de México (US$3.2M), Jalisco (US$316k), and Guanajuato (US$219k).
The main product bought by Mexico from Iceland in 2023 was Splints or other Items and Fracture Appliances; Articles and Artificial Limbs; Hearing Aids (US$2.38M). The main destinations of purchases made to Iceland were Baja California (US$4.94M), Chihuahua (US$2.53M), and Nuevo León (US$2.44M).
Regarding remittances, in the second quarter of 2024, Mexico received US$14.2k in remittances from Iceland, while Iceland received US$35.5k in remittances from Mexico.
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Iceland were US$268k, while international purchases reached US$1.16M. The above results in a trade balance of -US$887k.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Iceland in 2023 was Motor Vehicles for the Transport of Goods (US$3.24M). The main origins of sales to Iceland were Ciudad de México (US$3.2M), Jalisco (US$316k), and Guanajuato (US$219k).
The main product bought by Mexico from Iceland in 2023 was Splints or other Items and Fracture Appliances; Articles and Artificial Limbs; Hearing Aids (US$2.38M). The main destinations of purchases made to Iceland were Baja California (US$4.94M), Chihuahua (US$2.53M), and Nuevo León (US$2.44M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Iceland in July 2024 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$204k). The main origins of sales to Iceland were Nuevo León (US$204k), Jalisco (US$63.9k), and Ciudad de México (US$48).
The main product bought by Mexico from Iceland in July 2024 was Fats and Oils and their Fractions of Fish or Marine Mammals, whether or not Refined, but not Chemically Modified (US$394k). The main destinations of purchases made to Iceland were Nuevo León (US$410k), Baja California (US$287k), and Jalisco (US$208k).
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$2.11M), Guanajuato (US$213k), and Aguascalientes (US$56.4k).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Iceland and the remittances that Mexico receives from Iceland.
In the second quarter of 2024, Mexico received US$14.2k in remittances from Iceland, while Iceland received US$35.5k in remittances from Mexico.