United Kingdom
Country
Jan-Jun 2024: US$458M, Foreign Direct Investment
2024-Q2: US$2M, Remittances received from United Kingdom
About United Kingdom
#permalink to sectionThe main sale from Mexico to United Kingdom in 2023 was Turbojets, Turbopropellers and other Gas Turbines (US$114M). The main origins of sales to United Kingdom were Querétaro (US$231M), Jalisco (US$201M), and Ciudad de México (US$132M).
The main product bought by Mexico from United Kingdom in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$230M). The main destinations of purchases made to United Kingdom were Ciudad de México (US$1.01B), Jalisco (US$269M), and Nuevo León (US$256M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from United Kingdom to Mexico is US$458M. In the same period, the states that received the highest FDI from United Kingdom were Jalisco (US$115M), Chihuahua (US$54.4M), and Ciudad de México (US$17.7M).
Regarding remittances, in the second quarter of 2024, Mexico received US$2M in remittances from United Kingdom, while United Kingdom received US$119k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 2,582 inmigrants from United Kingdom were registered in 2020, 50.8% women and 49.2% men. The states with the highest concentration of inmigrants from United Kingdom were Ciudad de México (1,149 people), Querétaro (144 people), and Nuevo León (134 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to United Kingdom were US$251M, while international purchases reached US$225M. The above results in a trade balance of US$26.1M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to United Kingdom in 2023 was Turbojets, Turbopropellers and other Gas Turbines (US$114M). The main origins of sales to United Kingdom were Querétaro (US$231M), Jalisco (US$201M), and Ciudad de México (US$132M).
The main product bought by Mexico from United Kingdom in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$230M). The main destinations of purchases made to United Kingdom were Ciudad de México (US$1.01B), Jalisco (US$269M), and Nuevo León (US$256M).
Monthly International Trade
#permalink to sectionThe main product bought by Mexico from United Kingdom in July 2024 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$10.4M). The main destinations of purchases made to United Kingdom were Ciudad de México (US$76.4M), Estado de México (US$19.3M), and Nuevo León (US$18.1M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Coahuila de Zaragoza (US$1.18B), San Luis Potosí (US$434M), and Aguascalientes (US$148M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to June 2024, the FDI from United Kingdom to Mexico reached US$142M, distributed in reinvestment of earnings (US$346M), equity capital (US$5.32M), and inter-company debts (-US$209M).
From January 1999 to June 2024, Mexico has received a total of US$21.5B in FDI from United Kingdom, distributed in equity capital (US$12B), reinvestment of earnings (US$6.95B), and inter-company debts (US$2.62B).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from United Kingdom were Jalisco (US$115M), Chihuahua (US$54.4M), and Ciudad de México (US$17.7M).
Historically (from January 1999 to June 2024) the states that have received the most FDI from United Kingdom are Ciudad de México (US$7.55B), Jalisco (US$3.45B), and Estado de México (US$2.73B).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to United Kingdom and the remittances that Mexico receives from United Kingdom.
In the second quarter of 2024, Mexico received US$2M in remittances from United Kingdom, while United Kingdom received US$119k 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 United Kingdom.
During 2021, a total amount of remittances of US$4.21M is accumulated, while the FDI from United Kingdom to Mexico accumulated in the year is US$458M.
Migration
#permalink to sectionImmigration from United Kingdom
#permalink to sectionThe map shows the destination states of migrants from United Kingdom to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from United Kingdom were Ciudad de México (1,149 people), Querétaro (144 people), and Nuevo León (134 people).
The main reasons of migration from United Kingdom to Mexico in recent years were educational (620 people) and family (533 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from United Kingdom to Mexico in recent years.
2,582 inmigrants from United Kingdom were registered, 50.8% women and 49.2% men.
The age ranges that concentrated the largest migrant population from United Kingdom were 30 to 34 years (873 people), 35 to 39 years (551 people), and 25 to 29 years (353 people). These concentrated 68.8% of the total migrant population.