British Virgin Islands
Country
2024-Q4: US$975, Remittances received from British Virgin Islands
About British Virgin Islands
#permalink to sectionThe main sale from Mexico to British Virgin Islands in 2023 was Crustaceans; in Shell or Not, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine; Smoked, Cooked or not before or during Smoking (US$15M). The main origins of sales to British Virgin Islands were Baja California (US$16.3M), Estado de México (US$570k), and Ciudad de México (US$277k).
The main product bought by Mexico from British Virgin Islands in 2023 was Parts and Accessories of Motor Vehicles (US$29.9M). The main destinations of purchases made to British Virgin Islands were Guanajuato (US$29.9M), Quintana Roo (US$1.24M), and Jalisco (US$247k).
Regarding remittances, in the fourth quarter of 2024, Mexico received US$975 in remittances from British Virgin Islands, while British Virgin Islands received US$0 in remittances from Mexico.
Commercial Exchange
#permalink to sectionMarket Share
#permalink to sectionThe icons show the percentage share of British Virgin Islands in Mexico's imports and exports, as well as the net trade balance between the two countries.
Data provided by Bank of Mexico.
Corresponding to US$14.5M in 2024: 0.0023%, Participation of the British Virgin Islands in the exports of Mexico
Corresponding to US$2.43M in 2024: 0.00039%, Participation of the British Virgin Islands in the imports of Mexico
Corresponds to the difference of exports and imports between both countries: US$12.1M, Net trade balance between Mexico and the British Virgin Islands in 2024
Net International Exchange
#permalink to sectionIn November 2024, the international sales from Mexico to British Virgin Islands were US$2.59M, while international purchases reached US$986. The above results in a trade balance of US$2.59M.
Net International Trade with British Virgin Islands, according BCMM
Monthly Flow
Annual International Trade
#permalink to sectionThe main sale from Mexico to British Virgin Islands in 2023 was Crustaceans; in Shell or Not, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine; Smoked, Cooked or not before or during Smoking (US$15M). The main origins of sales to British Virgin Islands were Baja California (US$16.3M), Estado de México (US$570k), and Ciudad de México (US$277k).
The main product bought by Mexico from British Virgin Islands in 2023 was Parts and Accessories of Motor Vehicles (US$29.9M). The main destinations of purchases made to British Virgin Islands were Guanajuato (US$29.9M), Quintana Roo (US$1.24M), and Jalisco (US$247k).
International Purchases - 2023
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Destination of International Purchases from British Virgin Islands - 2023
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Monthly International Trade
#permalink to sectionThe main sale from Mexico to British Virgin Islands in November 2024 was Crustaceans; in Shell or Not, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine; Smoked, Cooked or not before or during Smoking (US$2.41M). The main origins of sales to British Virgin Islands were Baja California (US$2.41M), Nuevo León (US$114k), and Yucatán (US$33.9k).
The main product bought by Mexico from British Virgin Islands in November 2024 was The Articles of Plastics and Articles of other Materials (US$232). The main destinations of purchases made to British Virgin Islands were Ciudad de México (US$754) and Baja California (US$232).
International Purchases - November 2024
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Destination of International Purchases from British Virgin Islands - November 2024
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Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Baja California (US$16.3M), Sinaloa (US$2.6M), and Estado de México (US$567k).
Trade Balance by State (2023)
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Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to British Virgin Islands and the remittances that Mexico receives from British Virgin Islands.
In the fourth quarter of 2024, Mexico received US$975 in remittances from British Virgin Islands, while British Virgin Islands received US$0 in remittances from Mexico.