Regarding remittances, in the second quarter of 2024, Mexico received US$4.93k in remittances from Latvia, while Latvia received US$7.9k in remittances from Mexico.
In July 2024, the international sales from Mexico to Latvia were US$16.1M, while international purchases reached US$1.59M. The above results in a trade balance of US$14.5M.
The main product bought by Mexico from Latvia in July 2024 was Ferroalloys (US$172k). The main destinations of purchases made to Latvia were Nuevo León (US$502k), Ciudad de México (US$322k), and Jalisco (US$173k).
In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Ciudad de México (US$110M), Jalisco (US$9.53M), and Yucatán (US$5.63M).