Denmark
Country
Jan-Sep 2024: US$45.1M, Foreign Direct Investment
2024-Q3: US$250k, Remittances received from Denmark
About Denmark
#permalink to sectionThe main sale from Mexico to Denmark in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$59.7M). The main origins of sales to Denmark were Ciudad de México (US$82.8M), Nuevo León (US$21.3M), and Veracruz de Ignacio de la Llave (US$14.6M).
The main product bought by Mexico from Denmark in 2023 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$142M). The main destinations of purchases made to Denmark were Ciudad de México (US$383M), Baja California (US$362M), and Nuevo León (US$114M).
In the period January to September 2024, the Foreign Direct Investment (FDI) from Denmark to Mexico is US$45.1M. In the same period, the states that received the highest FDI from Denmark were Michoacán de Ocampo (Confidential), Querétaro (US$15.7M), and Nuevo León (US$9.85M).
Regarding remittances, in the third quarter of 2024, Mexico received US$250k in remittances from Denmark, while Denmark received US$20.9k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 33 inmigrants from Denmark were registered in 2020, 81.8% women and 18.2% men. The states with the highest concentration of inmigrants from Denmark were Zacatecas (27 people), Michoacán de Ocampo (5 people), and Veracruz de Ignacio de la Llave (1 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn November 2024, the international sales from Mexico to Denmark were US$9.69M, while international purchases reached US$157M. The above results in a trade balance of -US$148M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Denmark in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$59.7M). The main origins of sales to Denmark were Ciudad de México (US$82.8M), Nuevo León (US$21.3M), and Veracruz de Ignacio de la Llave (US$14.6M).
The main product bought by Mexico from Denmark in 2023 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$142M). The main destinations of purchases made to Denmark were Ciudad de México (US$383M), Baja California (US$362M), and Nuevo León (US$114M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Denmark in November 2024 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$3.19M). The main origins of sales to Denmark were Ciudad de México (US$4.18M), Nuevo León (US$1.42M), and Tamaulipas (US$890k).
The main product bought by Mexico from Denmark in November 2024 was Splints or other Items and Fracture Appliances; Articles and Artificial Limbs; Hearing Aids (US$25.2M). The main destinations of purchases made to Denmark were Baja California (US$66.2M), Ciudad de México (US$49.7M), and Nuevo León (US$12.1M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Veracruz de Ignacio de la Llave (US$13.3M), Sinaloa (US$2.05M), and Guanajuato (US$967k).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to September 2024, the FDI from Denmark to Mexico reached US$45.1M, distributed in reinvestment of earnings (US$116M), equity capital (US$860k), and inter-company debts (-US$71.8M).
From January 1999 to September 2024, Mexico has received a total of US$2.18B in FDI from Denmark, distributed in equity capital (US$1.3B), reinvestment of earnings (US$577M), and inter-company debts (US$296M).
Foreign Direct Investment by States
#permalink to sectionFrom January to September 2024, the states that received the highest FDI from Denmark were Michoacán de Ocampo (Confidential), Querétaro (US$15.7M), and Nuevo León (US$9.85M).
Historically (from January 1999 to September 2024) the states that have received the most FDI from Denmark are Nuevo León (US$758M), Michoacán de Ocampo (US$552M), and Ciudad de México (US$262M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Denmark and the remittances that Mexico receives from Denmark.
In the third quarter of 2024, Mexico received US$250k in remittances from Denmark, while Denmark received US$20.9k 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 Denmark.
During 2021, a total amount of remittances of US$754k is accumulated, while the FDI from Denmark to Mexico accumulated in the year is US$45.1M.
Migration
#permalink to sectionImmigration from Denmark
#permalink to sectionThe map shows the destination states of migrants from Denmark to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Denmark were Zacatecas (27 people), Michoacán de Ocampo (5 people), and Veracruz de Ignacio de la Llave (1 people).
The main reasons of migration from Denmark to Mexico in recent years were educational (27 people) and economical (6 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Denmark to Mexico in recent years.
33 inmigrants from Denmark were registered, 81.8% women and 18.2% men.
The age ranges that concentrated the largest migrant population from Denmark were 30 to 34 years (27 people) and 35 to 39 years (6 people). These concentrated 100% of the total migrant population.