Chile
Country
Jan-Sep 2024: US$232M, Foreign Direct Investment
2024-Q3: US$3.6M, Remittances received from Chile
About Chile
#permalink to sectionThe main sale from Mexico to Chile in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$114M). The main origins of sales to Chile were Ciudad de México (US$429M), Estado de México (US$266M), and Nuevo León (US$108M).
The main product bought by Mexico from Chile in 2023 was Refined Copper and Copper Alloys (US$368M). The main destinations of purchases made to Chile were Ciudad de México (US$883M), Jalisco (US$483M), and Estado de México (US$187M).
In the period January to September 2024, the Foreign Direct Investment (FDI) from Chile to Mexico is US$232M. In the same period, the states that received the highest FDI from Chile were Durango (US$88.9M), Jalisco (US$66.9M), and Ciudad de México (US$27.7M).
Regarding remittances, in the third quarter of 2024, Mexico received US$3.6M in remittances from Chile, while Chile received US$1.93M in remittances from Mexico.
Finally, in terms of immigration to Mexico, 3,656 inmigrants from Chile were registered in 2020, 42.6% women and 57.4% men. The states with the highest concentration of inmigrants from Chile were Ciudad de México (1,075 people), Quintana Roo (409 people), and Jalisco (308 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn November 2024, the international sales from Mexico to Chile were US$113M, while international purchases reached US$197M. The above results in a trade balance of -US$83.4M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Chile in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$114M). The main origins of sales to Chile were Ciudad de México (US$429M), Estado de México (US$266M), and Nuevo León (US$108M).
The main product bought by Mexico from Chile in 2023 was Refined Copper and Copper Alloys (US$368M). The main destinations of purchases made to Chile were Ciudad de México (US$883M), Jalisco (US$483M), and Estado de México (US$187M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Chile in November 2024 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$9.74M). The main origins of sales to Chile were Ciudad de México (US$29M), Estado de México (US$11.8M), and Nuevo León (US$10.7M).
The main product bought by Mexico from Chile in November 2024 was Refined Copper and Copper Alloys (US$68.1M). The main destinations of purchases made to Chile were Ciudad de México (US$82.4M), Jalisco (US$34.8M), and Estado de México (US$26.6M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Estado de México (US$81.6M), Sonora (US$26.3M), and Chihuahua (US$22.8M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to September 2024, the FDI from Chile to Mexico reached US$232M, distributed in reinvestment of earnings (US$112M), inter-company debts (US$94.3M), and equity capital (US$26.1M).
From January 1999 to September 2024, Mexico has received a total of US$1.77B in FDI from Chile, distributed in equity capital (US$720M), inter-company debts (US$585M), and reinvestment of earnings (US$462M).
Foreign Direct Investment by States
#permalink to sectionFrom January to September 2024, the states that received the highest FDI from Chile were Durango (US$88.9M), Jalisco (US$66.9M), and Ciudad de México (US$27.7M).
Historically (from January 1999 to September 2024) the states that have received the most FDI from Chile are Jalisco (US$457M), Sonora (US$305M), and Ciudad de México (US$291M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Chile and the remittances that Mexico receives from Chile.
In the third quarter of 2024, Mexico received US$3.6M in remittances from Chile, while Chile received US$1.93M 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 Chile.
During 2021, a total amount of remittances of US$12.8M is accumulated, while the FDI from Chile to Mexico accumulated in the year is US$232M.
Migration
#permalink to sectionImmigration from Chile
#permalink to sectionThe map shows the destination states of migrants from Chile to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Chile were Ciudad de México (1,075 people), Quintana Roo (409 people), and Jalisco (308 people).
The main reasons of migration from Chile to Mexico in recent years were economical (1,139 people) and family (871 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Chile to Mexico in recent years.
3,656 inmigrants from Chile were registered, 42.6% women and 57.4% men.
The age ranges that concentrated the largest migrant population from Chile were 25 to 29 years (795 people), 35 to 39 years (644 people), and 40 to 44 years (411 people). These concentrated 50.6% of the total migrant population.