ProceduresGovernment

Cayman Islands

Country

2024-Q2: US$201k, Remittances received from Cayman Islands

About Cayman Islands

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The main sale from Mexico to Cayman Islands in 2023 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$544k). The main origins of sales to Cayman Islands were Puebla (US$688k), Estado de México (US$646k), and Chihuahua (US$516k).

The main product bought by Mexico from Cayman Islands in 2023 was Electrical Apparatus for Switching or Protecting Electrical Circuits (US$1.89k). The main destinations of purchases made to Cayman Islands were Ciudad de México (US$70.8k), Chihuahua (US$1.9k), and Jalisco (US$1.74k).

Regarding remittances, in the second quarter of 2024, Mexico received US$201k in remittances from Cayman Islands, while Cayman Islands received US$4.61k in remittances from Mexico.

Commercial Exchange

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The icons show the percentage share of Cayman Islands in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In July 2024, the international sales from Mexico to Cayman Islands were US$311k, while international purchases reached US$338. The above results in a trade balance of US$311k.

Annual International Trade

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The main sale from Mexico to Cayman Islands in 2023 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$544k). The main origins of sales to Cayman Islands were Puebla (US$688k), Estado de México (US$646k), and Chihuahua (US$516k).

The main product bought by Mexico from Cayman Islands in 2023 was Electrical Apparatus for Switching or Protecting Electrical Circuits (US$1.89k). The main destinations of purchases made to Cayman Islands were Ciudad de México (US$70.8k), Chihuahua (US$1.9k), and Jalisco (US$1.74k).

Monthly International Trade

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The main sale from Mexico to Cayman Islands in July 2024 was Undenatured Ethyl Alcohol Alcohol Content Volume of less than 80% (US$80.8k). The main origins of sales to Cayman Islands were Ciudad de México (US$88k) and Nuevo León (US$48.8k).

The main product bought by Mexico from Cayman Islands in July 2024 was Apparatus for Filtering or Purifying Liquids or Gases (US$288). The main destinations of purchases made to Cayman Islands were Baja California (US$288) and Ciudad de México (US$50).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Puebla (US$688k), Estado de México (US$646k), and Oaxaca (US$530k).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Cayman Islands and the remittances that Mexico receives from Cayman Islands.

In the second quarter of 2024, Mexico received US$201k in remittances from Cayman Islands, while Cayman Islands received US$4.61k in remittances from Mexico.