Cyprus
Country
2024-Q2: US$19.7k, Remittances received from Cyprus
About Cyprus
#permalink to sectionThe main sale from Mexico to Cyprus in 2023 was Wheat and Meslin (Tranquillon) (US$2.53M). The main origins of sales to Cyprus were Ciudad de México (US$3.13M), Sonora (US$2.57M), and Jalisco (US$396k).
The main product bought by Mexico from Cyprus in 2023 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$6.16M). The main destinations of purchases made to Cyprus were Ciudad de México (US$6.93M), Nuevo León (US$343k), and Tamaulipas (US$325k).
Regarding remittances, in the second quarter of 2024, Mexico received US$19.7k in remittances from Cyprus, while Cyprus received US$7.7k in remittances from Mexico.
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Cyprus were US$483k, while international purchases reached US$2.83M. The above results in a trade balance of -US$2.34M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Cyprus in 2023 was Wheat and Meslin (Tranquillon) (US$2.53M). The main origins of sales to Cyprus were Ciudad de México (US$3.13M), Sonora (US$2.57M), and Jalisco (US$396k).
The main product bought by Mexico from Cyprus in 2023 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$6.16M). The main destinations of purchases made to Cyprus were Ciudad de México (US$6.93M), Nuevo León (US$343k), and Tamaulipas (US$325k).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Cyprus in July 2024 was Undenatured Ethyl Alcohol Alcohol Content Volume of less than 80% (US$45.1k). The main origins of sales to Cyprus were Jalisco (US$45.1k), Puebla (US$28.3k), and Estado de México (US$15k).
The main product bought by Mexico from Cyprus in July 2024 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$2.79M). The main destinations of purchases made to Cyprus were Ciudad de México (US$2.79M), Nuevo León (US$28k), and Aguascalientes (US$3.09k).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were San Luis Potosí (US$942k), Morelos (US$377k), and Jalisco (US$373k).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Cyprus and the remittances that Mexico receives from Cyprus.
In the second quarter of 2024, Mexico received US$19.7k in remittances from Cyprus, while Cyprus received US$7.7k in remittances from Mexico.