Regarding remittances, in the second quarter of 2024, Mexico received US$333 in remittances from Madagascar, while Madagascar received US$7.08k in remittances from Mexico.
In July 2024, the international sales from Mexico to Madagascar were US$135k, while international purchases reached US$3.22M. The above results in a trade balance of -US$3.09M.
In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Morelos (US$663k), Hidalgo (US$337k), and Jalisco (US$185k).