Dominican Republic
Country
2024-Q2: US$6.68M, Remittances received from Dominican Republic
About Dominican Republic
#permalink to sectionThe main sale from Mexico to Dominican Republic in 2023 was Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified (US$53.4M). The main origins of sales to Dominican Republic were Ciudad de México (US$254M), Estado de México (US$107M), and Nuevo León (US$87.1M).
The main product bought by Mexico from Dominican Republic in 2023 was T-Shirts, Knitted or Crocheted (US$38.8M). The main destinations of purchases made to Dominican Republic were Baja California (US$81.9M), Ciudad de México (US$64.9M), and Chihuahua (US$61.2M).
Regarding remittances, in the second quarter of 2024, Mexico received US$6.68M in remittances from Dominican Republic, while Dominican Republic received US$8.26M in remittances from Mexico.
Finally, in terms of immigration to Mexico, 1,151 inmigrants from Dominican Republic were registered in 2020, 36.3% women and 63.7% men. The states with the highest concentration of inmigrants from Dominican Republic were Ciudad de México (383 people), Michoacán de Ocampo (130 people), and Jalisco (122 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Dominican Republic were US$78.6M, while international purchases reached US$33.1M. The above results in a trade balance of US$45.5M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Dominican Republic in 2023 was Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified (US$53.4M). The main origins of sales to Dominican Republic were Ciudad de México (US$254M), Estado de México (US$107M), and Nuevo León (US$87.1M).
The main product bought by Mexico from Dominican Republic in 2023 was T-Shirts, Knitted or Crocheted (US$38.8M). The main destinations of purchases made to Dominican Republic were Baja California (US$81.9M), Ciudad de México (US$64.9M), and Chihuahua (US$61.2M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Dominican Republic in July 2024 was Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified (US$5.26M). The main origins of sales to Dominican Republic were Ciudad de México (US$22.7M), Estado de México (US$11.7M), and Nuevo León (US$7.04M).
The main product bought by Mexico from Dominican Republic in July 2024 was Electrical Apparatus for Switching or Protecting Electrical Circuits (US$4.17M). The main destinations of purchases made to Dominican Republic were Ciudad de México (US$6.54M), Chihuahua (US$6.45M), and Baja California (US$6.02M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Ciudad de México (US$191M), Estado de México (US$105M), and Nuevo León (US$70.1M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Dominican Republic and the remittances that Mexico receives from Dominican Republic.
In the second quarter of 2024, Mexico received US$6.68M in remittances from Dominican Republic, while Dominican Republic received US$8.26M in remittances from Mexico.
Migration
#permalink to sectionImmigration from Dominican Republic
#permalink to sectionThe map shows the destination states of migrants from Dominican Republic to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Dominican Republic were Ciudad de México (383 people), Michoacán de Ocampo (130 people), and Jalisco (122 people).
The main reasons of migration from Dominican Republic to Mexico in recent years were economical (413 people) and family (298 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Dominican Republic to Mexico in recent years.
1,151 inmigrants from Dominican Republic were registered, 36.3% women and 63.7% men.
The age ranges that concentrated the largest migrant population from Dominican Republic were 30 to 34 years (295 people), 25 to 29 years (269 people), and 35 to 39 years (195 people). These concentrated 65.9% of the total migrant population.