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Belgium

Country

Jan-Jun 2024: US$1.53B, Foreign Direct Investment

The main sale from Mexico to Belgium in 2023 was Saturated Acyclic Monocarboxylic Acids and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated (US$158M). The main origins of sales to Belgium were Ciudad de México (US$423M), Sonora (US$94.8M), and Tamaulipas (US$94.5M).

The main product bought by Mexico from Belgium in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$161M). The main destinations of purchases made to Belgium were Ciudad de México (US$639M), Querétaro (US$235M), and Estado de México (US$137M).

In the period January to June 2024, the Foreign Direct Investment (FDI) from Belgium to Mexico is US$1.53B. In the same period, the states that received the highest FDI from Belgium were Guanajuato (Confidential) and Quintana Roo (Confidential).

Regarding remittances, in the N/A, Mexico received N/A in remittances from Belgium, while Belgium received N/A in remittances from Mexico.

Commercial Exchange

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The icons show the percentage share of Belgium in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In July 2024, the N/A from Mexico to Belgium were N/A, while N/A reached N/A. The above results in a trade balance of N/A.

Annual International Trade

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The main sale from Mexico to Belgium in 2023 was Saturated Acyclic Monocarboxylic Acids and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated (US$158M). The main origins of sales to Belgium were Ciudad de México (US$423M), Sonora (US$94.8M), and Tamaulipas (US$94.5M).

The main product bought by Mexico from Belgium in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$161M). The main destinations of purchases made to Belgium were Ciudad de México (US$639M), Querétaro (US$235M), and Estado de México (US$137M).

Monthly International Trade

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The main product bought by Mexico from Belgium in July 2024 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$11.6M). The main destinations of purchases made to Belgium were Ciudad de México (US$51M), Querétaro (US$14.8M), and Estado de México (US$10.8M).

Net Trade Balance

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In 2023, the states with N/A were N/A.

Foreign Direct Investment

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Foreign Direct Investment Flow

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From January 1999 to June 2024, Mexico has received a total of US$26B in FDI from Belgium, distributed in equity capital (US$15.4B), reinvestment of earnings (US$10.3B), and inter-company debts (US$346M).

Foreign Direct Investment by States

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From January to June 2024, the states that received the highest FDI from Belgium were Guanajuato (Confidential) and Quintana Roo (Confidential).

Historically (from January 1999 to June 2024) the states that have received the most FDI from Belgium are Ciudad de México (US$4.85B), Estado de México (US$3.37B), and Zacatecas (US$2.19B).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Belgium and the remittances that Mexico receives from Belgium.

In the N/A, Mexico received N/A in remittances from Belgium, while Belgium received N/A in remittances from Mexico.

Remittancesand Foreign Direct Investment

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The visualization compares the evolution of Foreign Direct Investment (FDI) and the income from remittances from Belgium.

During 2021, a total amount of remittances of N/A is accumulated, while the FDI from Belgium to Mexico accumulated in the year is US$1.53B.