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Kuwait

Country

2024-Q2: US$20.7k, Remittances received from Kuwait

The main sale from Mexico to Kuwait in 2023 was Motor Vehicles for the Transport of Goods (US$39.1M). The main origins of sales to Kuwait were Ciudad de México (US$48.1M), Nuevo León (US$12.2M), and Querétaro (US$11.5M).

The main product bought by Mexico from Kuwait in 2023 was Oils of Petroleum or Bituminous Minerals (US$18.3M). The main destinations of purchases made to Kuwait were Ciudad de México (US$18.4M), Querétaro (US$5.57k), and Guanajuato (US$2.44k).

Regarding remittances, in the second quarter of 2024, Mexico received US$20.7k in remittances from Kuwait, while Kuwait received US$6.38k in remittances from Mexico.

Commercial Exchange

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The icons show the percentage share of Kuwait 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 Kuwait were US$26.9M, while international purchases reached US$8.34k. The above results in a trade balance of US$26.9M.

Annual International Trade

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The main sale from Mexico to Kuwait in 2023 was Motor Vehicles for the Transport of Goods (US$39.1M). The main origins of sales to Kuwait were Ciudad de México (US$48.1M), Nuevo León (US$12.2M), and Querétaro (US$11.5M).

The main product bought by Mexico from Kuwait in 2023 was Oils of Petroleum or Bituminous Minerals (US$18.3M). The main destinations of purchases made to Kuwait were Ciudad de México (US$18.4M), Querétaro (US$5.57k), and Guanajuato (US$2.44k).

Monthly International Trade

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The main sale from Mexico to Kuwait in July 2024 was Tubes and Pipes of Iron or Steel (US$20.9M). The main origins of sales to Kuwait were Veracruz de Ignacio de la Llave (US$20.9M), Ciudad de México (US$3.38M), and Nuevo León (US$1.07M).

The main product bought by Mexico from Kuwait in July 2024 was Electrical Apparatus for Switching or Protecting Electrical Circuits (US$316). The main destinations of purchases made to Kuwait were Ciudad de México (US$7.74k), Coahuila de Zaragoza (US$317), and Jalisco (US$280).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Ciudad de México (US$29.7M), Nuevo León (US$12.2M), and Aguascalientes (US$12M).

Evolution of the Amount of Remittances

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

In the second quarter of 2024, Mexico received US$20.7k in remittances from Kuwait, while Kuwait received US$6.38k in remittances from Mexico.