Morocco
Country
2024-Q2: US$22.2k, Remittances received from Morocco
About Morocco
#permalink to sectionThe main sale from Mexico to Morocco in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$5.92M). The main origins of sales to Morocco were Ciudad de México (US$15M), Querétaro (US$4.69M), and Jalisco (US$4.48M).
The main product bought by Mexico from Morocco in 2023 was Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross (US$91.4M). The main destinations of purchases made to Morocco were Ciudad de México (US$128M), Michoacán de Ocampo (US$77.5M), and Jalisco (US$22.2M).
Regarding remittances, in the second quarter of 2024, Mexico received US$22.2k in remittances from Morocco, while Morocco received US$148k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 132 inmigrants from Morocco were registered in 2020, 27.3% women and 72.7% men. The states with the highest concentration of inmigrants from Morocco were Ciudad de México (61 people), Morelos (32 people), and Tamaulipas (24 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Morocco were US$3.09M, while international purchases reached US$51.6M. The above results in a trade balance of -US$48.5M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Morocco in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$5.92M). The main origins of sales to Morocco were Ciudad de México (US$15M), Querétaro (US$4.69M), and Jalisco (US$4.48M).
The main product bought by Mexico from Morocco in 2023 was Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross (US$91.4M). The main destinations of purchases made to Morocco were Ciudad de México (US$128M), Michoacán de Ocampo (US$77.5M), and Jalisco (US$22.2M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Morocco in July 2024 was Coffee, whether Roasted or Decaffeinated; Coffee Husks and Skins; Coffee Substitutes Containing Coffee in any Proportion (US$746k). The main origins of sales to Morocco were Ciudad de México (US$1.29M), Querétaro (US$324k), and Sonora (US$297k).
The main product bought by Mexico from Morocco in July 2024 was Suits, Ensembles, Jackets (Coats), Dresses, Skirts, Skorts, Long Pants, Blazers, Shorts (Pants) and Shorts (Other than Swimwear), Knitted or Crocheted (US$4.79M). The main destinations of purchases made to Morocco were Ciudad de México (US$14.8M), Estado de México (US$2.97M), and Chihuahua (US$2.17M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Morelos (US$3.4M), Oaxaca (US$598k), and Aguascalientes (US$192k).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Morocco and the remittances that Mexico receives from Morocco.
In the second quarter of 2024, Mexico received US$22.2k in remittances from Morocco, while Morocco received US$148k in remittances from Mexico.
Migration
#permalink to sectionImmigration from Morocco
#permalink to sectionThe map shows the destination states of migrants from Morocco to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Morocco were Ciudad de México (61 people), Morelos (32 people), and Tamaulipas (24 people).
The main reasons of migration from Morocco to Mexico in recent years were personal (64 people) and living place (32 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Morocco to Mexico in recent years.
132 inmigrants from Morocco were registered, 27.3% women and 72.7% men.
The age ranges that concentrated the largest migrant population from Morocco were 30 to 34 years (62 people), 35 to 39 years (40 people), and 65 to 69 years (30 people). These concentrated 100% of the total migrant population.