Russia
Country
Jan-Jun 2024: US$17.5M, Foreign Direct Investment
About Russia
#permalink to sectionThe main sale from Mexico to Russia in 2023 was Pepper of the Genus Piper; Fruits of the Capsicum Genus or Pimenta, Dried, Crushed or Ground (US$5.32M). The main origins of sales to Russia were Ciudad de México (US$7.71M), Veracruz de Ignacio de la Llave (US$6.88M), and Jalisco (US$6.68M).
The main product bought by Mexico from Russia in 2023 was Intermediate Products of Iron or Non-Alloy Steel (US$728M). The main destinations of purchases made to Russia were Nuevo León (US$897M), Ciudad de México (US$344M), and Michoacán de Ocampo (US$165M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from Russia to Mexico is US$17.5M. In the same period, the states that received the highest FDI from Russia were Quintana Roo (US$419k).
Regarding remittances, in the second quarter of 2024, Mexico received US$0 in remittances from Russia, while Russia received US$655 in remittances from Mexico.
Finally, in terms of immigration to Mexico, 1,280 inmigrants from Russia were registered in 2020, 44.2% women and 55.8% men. The states with the highest concentration of inmigrants from Russia were Quintana Roo (918 people), Estado de México (153 people), and Sonora (71 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Russia were US$2.51M, while international purchases reached US$124M. The above results in a trade balance of -US$121M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Russia in 2023 was Pepper of the Genus Piper; Fruits of the Capsicum Genus or Pimenta, Dried, Crushed or Ground (US$5.32M). The main origins of sales to Russia were Ciudad de México (US$7.71M), Veracruz de Ignacio de la Llave (US$6.88M), and Jalisco (US$6.68M).
The main product bought by Mexico from Russia in 2023 was Intermediate Products of Iron or Non-Alloy Steel (US$728M). The main destinations of purchases made to Russia were Nuevo León (US$897M), Ciudad de México (US$344M), and Michoacán de Ocampo (US$165M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Russia in July 2024 was Undenatured Ethyl Alcohol Alcohol Content Volume of less than 80% (US$400k). The main origins of sales to Russia were Jalisco (US$545k), Estado de México (US$366k), and Ciudad de México (US$326k).
The main product bought by Mexico from Russia in July 2024 was Intermediate Products of Iron or Non-Alloy Steel (US$47.4M). The main destinations of purchases made to Russia were Nuevo León (US$68.2M), Sonora (US$16M), and Ciudad de México (US$13.8M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Puebla (US$1.34M), Aguascalientes (US$383k), and Nayarit (US$368k).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to June 2024, the FDI from Russia to Mexico reached US$419k, distributed in equity capital (US$419k).
From January 1999 to June 2024, Mexico has received a total of US$96.5M in FDI from Russia, distributed in equity capital (US$54.5M) and inter-company debts (US$42M).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from Russia were Quintana Roo (US$419k).
Historically (from January 1999 to June 2024) the states that have received the most FDI from Russia are Veracruz de Ignacio de la Llave (US$92.6M), Quintana Roo (US$18.2M), and Tabasco (US$10.7M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Russia and the remittances that Mexico receives from Russia.
In the second quarter of 2024, Mexico received US$0 in remittances from Russia, while Russia received US$655 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 Russia.
During 2021, a total amount of remittances of US$0 is accumulated, while the FDI from Russia to Mexico accumulated in the year is US$17.5M.
Migration
#permalink to sectionImmigration from Russia
#permalink to sectionThe map shows the destination states of migrants from Russia to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Russia were Quintana Roo (918 people), Estado de México (153 people), and Sonora (71 people).
The main reasons of migration from Russia to Mexico in recent years were economical (439 people) and educational (364 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Russia to Mexico in recent years.
1,280 inmigrants from Russia were registered, 44.2% women and 55.8% men.
The age ranges that concentrated the largest migrant population from Russia were 20 to 24 years (247 people), 15 to 19 years (233 people), and 50 to 54 years (215 people). These concentrated 54.3% of the total migrant population.