Japan
Country
Jan-Jun 2024: US$3.08B, Foreign Direct Investment
2024-Q2: US$318k, Remittances received from Japan
About Japan
#permalink to sectionThe main sale from Mexico to Japan in 2023 was Copper Ores and Concentrates (US$402M). The main origins of sales to Japan were Sonora (US$735M), Ciudad de México (US$597M), and Jalisco (US$298M).
The main product bought by Mexico from Japan in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$1.95B). The main destinations of purchases made to Japan were Ciudad de México (US$5.52B), Guanajuato (US$3.19B), and Nuevo León (US$2.04B).
In the period January to June 2024, the Foreign Direct Investment (FDI) from Japan to Mexico is US$3.08B. In the same period, the states that received the highest FDI from Japan were Baja California (US$651M), Guanajuato (US$625M), and San Luis Potosí (US$49.8M).
Regarding remittances, in the second quarter of 2024, Mexico received US$318k in remittances from Japan, while Japan received US$225k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 3,121 inmigrants from Japan were registered in 2020, 27.1% women and 72.9% men. The states with the highest concentration of inmigrants from Japan were Aguascalientes (1,502 people), Ciudad de México (454 people), and San Luis Potosí (340 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Japan were US$390M, while international purchases reached US$1.63B. The above results in a trade balance of -US$1.24B.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Japan in 2023 was Copper Ores and Concentrates (US$402M). The main origins of sales to Japan were Sonora (US$735M), Ciudad de México (US$597M), and Jalisco (US$298M).
The main product bought by Mexico from Japan in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$1.95B). The main destinations of purchases made to Japan were Ciudad de México (US$5.52B), Guanajuato (US$3.19B), and Nuevo León (US$2.04B).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Japan in July 2024 was Copper Ores and Concentrates (US$44.5M). The main origins of sales to Japan were Ciudad de México (US$88.3M), Sonora (US$64.7M), and Jalisco (US$17.9M).
The main product bought by Mexico from Japan in July 2024 was Parts and Accessories of Motor Vehicles (US$151M). The main destinations of purchases made to Japan were Ciudad de México (US$345M), Guanajuato (US$268M), and Nuevo León (US$201M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Sonora (US$576M), Sinaloa (US$103M), and Veracruz de Ignacio de la Llave (US$13.4M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to June 2024, the FDI from Japan to Mexico reached US$1.43B, distributed in inter-company debts (US$904M), reinvestment of earnings (US$520M), and equity capital (US$5.81M).
From January 1999 to June 2024, Mexico has received a total of US$35.8B in FDI from Japan, distributed in inter-company debts (US$12.7B), equity capital (US$12.5B), and reinvestment of earnings (US$10.6B).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from Japan were Baja California (US$651M), Guanajuato (US$625M), and San Luis Potosí (US$49.8M).
Historically (from January 1999 to June 2024) the states that have received the most FDI from Japan are Aguascalientes (US$7.51B), Guanajuato (US$5.78B), and Ciudad de México (US$3.96B).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Japan and the remittances that Mexico receives from Japan.
In the second quarter of 2024, Mexico received US$318k in remittances from Japan, while Japan received US$225k 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 Japan.
During 2021, a total amount of remittances of US$681k is accumulated, while the FDI from Japan to Mexico accumulated in the year is US$3.08B.
Migration
#permalink to sectionImmigration from Japan
#permalink to sectionThe map shows the destination states of migrants from Japan to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Japan were Aguascalientes (1,502 people), Ciudad de México (454 people), and San Luis Potosí (340 people).
The main reasons of migration from Japan to Mexico in recent years were economical (1,318 people) and family (796 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Japan to Mexico in recent years.
3,121 inmigrants from Japan were registered, 27.1% women and 72.9% men.
The age ranges that concentrated the largest migrant population from Japan were 50 to 54 years (564 people), 35 to 39 years (498 people), and 30 to 34 years (490 people). These concentrated 49.7% of the total migrant population.