Austria
Country
Jan-Jun 2024: US$18M, Foreign Direct Investment
2024-Q2: US$413k, Remittances received from Austria
About Austria
#permalink to sectionThe main sale from Mexico to Austria in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$18M). The main origins of sales to Austria were Guanajuato (US$27.1M), Ciudad de México (US$24.5M), and Chihuahua (US$14.9M).
The main product bought by Mexico from Austria in 2023 was Piston Engines, Rotary Engines or Reciprocating Engines (US$436M). The main destinations of purchases made to Austria were San Luis Potosí (US$504M), Ciudad de México (US$503M), and Querétaro (US$326M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from Austria to Mexico is US$18M. In the same period, the states that received the highest FDI from Austria were Coahuila de Zaragoza (Confidential), Estado de México (Confidential), and Ciudad de México (Confidential).
Regarding remittances, in the second quarter of 2024, Mexico received US$413k in remittances from Austria, while Austria received US$63k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 166 inmigrants from Austria were registered in 2020, 50% women and 50% men. The states with the highest concentration of inmigrants from Austria were Ciudad de México (34 people), Sinaloa (26 people), and Veracruz de Ignacio de la Llave (25 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Austria were US$9.34M, while international purchases reached US$233M. The above results in a trade balance of -US$223M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Austria in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$18M). The main origins of sales to Austria were Guanajuato (US$27.1M), Ciudad de México (US$24.5M), and Chihuahua (US$14.9M).
The main product bought by Mexico from Austria in 2023 was Piston Engines, Rotary Engines or Reciprocating Engines (US$436M). The main destinations of purchases made to Austria were San Luis Potosí (US$504M), Ciudad de México (US$503M), and Querétaro (US$326M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Austria in July 2024 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$2.1M). The main origins of sales to Austria were Ciudad de México (US$2.35M), Guanajuato (US$1.03M), and Jalisco (US$855k).
The main product bought by Mexico from Austria in July 2024 was Piston Engines, Rotary Engines or Reciprocating Engines (US$25.4M). The main destinations of purchases made to Austria were Ciudad de México (US$46M), San Luis Potosí (US$34M), and Querétaro (US$23M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Chiapas (US$751k), Guerrero (-US$15k), and Baja California Sur (-US$70.8k).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to June 2024, the FDI from Austria to Mexico reached US$16.1M, distributed in reinvestment of earnings (US$10.7M), inter-company debts (US$5.93M), and equity capital (-US$490k).
From January 1999 to June 2024, Mexico has received a total of US$1.09B in FDI from Austria, distributed in inter-company debts (US$674M), reinvestment of earnings (US$218M), and equity capital (US$195M).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from Austria were Coahuila de Zaragoza (Confidential), Estado de México (Confidential), and Ciudad de México (Confidential).
Historically (from January 1999 to June 2024) the states that have received the most FDI from Austria are Coahuila de Zaragoza (US$335M), Estado de México (US$334M), and Querétaro (US$146M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Austria and the remittances that Mexico receives from Austria.
In the second quarter of 2024, Mexico received US$413k in remittances from Austria, while Austria received US$63k 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 Austria.
During 2021, a total amount of remittances of US$790k is accumulated, while the FDI from Austria to Mexico accumulated in the year is US$18M.
Migration
#permalink to sectionImmigration from Austria
#permalink to sectionThe map shows the destination states of migrants from Austria to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Austria were Ciudad de México (34 people), Sinaloa (26 people), and Veracruz de Ignacio de la Llave (25 people).
The main reasons of migration from Austria to Mexico in recent years were economical (50 people) and family (50 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Austria to Mexico in recent years.
166 inmigrants from Austria were registered, 50% women and 50% men.
The age ranges that concentrated the largest migrant population from Austria were 30 to 34 years (59 people), 40 to 44 years (26 people), and 35 to 39 years (24 people). These concentrated 65.7% of the total migrant population.