Belize
Country
Jan-Sep 2024: -US$95.2k, Foreign Direct Investment
2024-Q3: US$687k, Remittances received from Belize
About Belize
#permalink to sectionThe main sale from Mexico to Belize in 2023 was Electric Power (Partida Discretionary) (US$41.7M). The main origins of sales to Belize were Ciudad de México (US$65.3M), Jalisco (US$31.5M), and Nuevo León (US$31.3M).
The main product bought by Mexico from Belize in 2023 was Live Animals of the Bovine Species (US$4.25M). The main destinations of purchases made to Belize were Sinaloa (US$4.25M), Michoacán de Ocampo (US$269k), and Ciudad de México (US$217k).
In the period January to September 2024, the Foreign Direct Investment (FDI) from Belize to Mexico is -US$95.2k. In the same period, the states that received the highest FDI from Belize were Yucatán (Confidential), Estado de México (Confidential), and Ciudad de México (Confidential).
Regarding remittances, in the third quarter of 2024, Mexico received US$687k in remittances from Belize, while Belize received US$142k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 894 inmigrants from Belize were registered in 2020, 47.7% women and 52.3% men. The states with the highest concentration of inmigrants from Belize were Quintana Roo (546 people), Yucatán (177 people), and Coahuila de Zaragoza (59 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn November 2024, the international sales from Mexico to Belize were US$29M, while international purchases reached US$833k. The above results in a trade balance of US$28.2M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Belize in 2023 was Electric Power (Partida Discretionary) (US$41.7M). The main origins of sales to Belize were Ciudad de México (US$65.3M), Jalisco (US$31.5M), and Nuevo León (US$31.3M).
The main product bought by Mexico from Belize in 2023 was Live Animals of the Bovine Species (US$4.25M). The main destinations of purchases made to Belize were Sinaloa (US$4.25M), Michoacán de Ocampo (US$269k), and Ciudad de México (US$217k).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Belize in November 2024 was Suits, Ensembles, Jackets (Coats), Dresses, Skirts, Skorts, Long Pants, Blazers, Shorts (Pants) and Shorts (Other than Swimwear), Knitted or Crocheted (US$2.3M). The main origins of sales to Belize were Baja California (US$10.1M), Jalisco (US$5.32M), and Ciudad de México (US$3.91M).
The main product bought by Mexico from Belize in November 2024 was Articles of Stone or other Materials Minerals (Including Carbon Fibers and their Manufactures and Articles of Peat), not elsewhere Specified or Included Mate (US$16.1k). The main destinations of purchases made to Belize were Quintana Roo (US$16.1k), Baja California (US$1.46k), and Nuevo León (US$881).
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$65.1M), Jalisco (US$35.8M), and Nuevo León (US$31.8M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to September 2024, the FDI from Belize to Mexico reached -US$95.2k, distributed in equity capital (-US$95.2k).
Foreign Direct Investment by States
#permalink to sectionFrom January to September 2024, the states that received the highest FDI from Belize were Yucatán (Confidential), Estado de México (Confidential), and Ciudad de México (Confidential).
Historically (from January 1999 to September 2024) the states that have received the most FDI from Belize are Jalisco (Confidential), Quintana Roo (US$5.19M), and Baja California Sur (US$2.84M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Belize and the remittances that Mexico receives from Belize.
In the third quarter of 2024, Mexico received US$687k in remittances from Belize, while Belize received US$142k 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 Belize.
During 2021, a total amount of remittances of US$2.06M is accumulated, while the FDI from Belize to Mexico accumulated in the year is -US$95.2k.
Migration
#permalink to sectionImmigration from Belize
#permalink to sectionThe map shows the destination states of migrants from Belize to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Belize were Quintana Roo (546 people), Yucatán (177 people), and Coahuila de Zaragoza (59 people).
The main reasons of migration from Belize to Mexico in recent years were family (287 people) and educational (193 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Belize to Mexico in recent years.
894 inmigrants from Belize were registered, 47.7% women and 52.3% men.
The age ranges that concentrated the largest migrant population from Belize were 15 to 19 years (245 people), 35 to 39 years (115 people), and 40 to 44 years (108 people). These concentrated 52.3% of the total migrant population.