ProceduresGovernment

Paraguay

Country

2024-Q2: US$203k, Remittances received from Paraguay

About Paraguay

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The main sale from Mexico to Paraguay in 2023 was Tractors (Other than Tractors of Heading 8709) (US$11M). The main origins of sales to Paraguay were Nuevo León (US$24.5M), Ciudad de México (US$21.6M), and Estado de México (US$14.8M).

The main product bought by Mexico from Paraguay in 2023 was Other Oil Seeds and Oleaginous Fruits, whole or Broken (US$14.8M). The main destinations of purchases made to Paraguay were Ciudad de México (US$18.3M), Guanajuato (US$9M), and Jalisco (US$3.99M).

Regarding remittances, in the second quarter of 2024, Mexico received US$203k in remittances from Paraguay, while Paraguay received US$1.12M in remittances from Mexico.

Finally, in terms of immigration to Mexico, 663 inmigrants from Paraguay were registered in 2020, 57.8% women and 42.2% men. The states with the highest concentration of inmigrants from Paraguay were Ciudad de México (305 people), Yucatán (255 people), and Estado de México (39 people).

Commercial Exchange

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The icons show the percentage share of Paraguay in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In July 2024, the international sales from Mexico to Paraguay were US$12.1M, while international purchases reached US$4.81M. The above results in a trade balance of US$7.31M.

Annual International Trade

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The main sale from Mexico to Paraguay in 2023 was Tractors (Other than Tractors of Heading 8709) (US$11M). The main origins of sales to Paraguay were Nuevo León (US$24.5M), Ciudad de México (US$21.6M), and Estado de México (US$14.8M).

The main product bought by Mexico from Paraguay in 2023 was Other Oil Seeds and Oleaginous Fruits, whole or Broken (US$14.8M). The main destinations of purchases made to Paraguay were Ciudad de México (US$18.3M), Guanajuato (US$9M), and Jalisco (US$3.99M).

Monthly International Trade

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The main sale from Mexico to Paraguay in July 2024 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$2.29M). The main origins of sales to Paraguay were Ciudad de México (US$4.11M), Nuevo León (US$2.21M), and Estado de México (US$1.32M).

The main product bought by Mexico from Paraguay in July 2024 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$2.37M). The main destinations of purchases made to Paraguay were Ciudad de México (US$2.89M), Jalisco (US$255k), and Veracruz de Ignacio de la Llave (US$112k).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Nuevo León (US$24.6M), Estado de México (US$12.7M), and Aguascalientes (US$7.03M).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Paraguay and the remittances that Mexico receives from Paraguay.

In the second quarter of 2024, Mexico received US$203k in remittances from Paraguay, while Paraguay received US$1.12M in remittances from Mexico.

Immigration from Paraguay

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The map shows the destination states of migrants from Paraguay to Mexico in recent years. The bar chart shows the main causes of migration.

The states with the highest concentration of migrants from Paraguay were Ciudad de México (305 people), Yucatán (255 people), and Estado de México (39 people).

The main reasons of migration from Paraguay to Mexico in recent years were family (258 people) and economical (220 people).

Diversity of immigrants

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The graph shows the population pyramid of the migrant population from Paraguay to Mexico in recent years.

663 inmigrants from Paraguay were registered, 57.8% women and 42.2% men.

The age ranges that concentrated the largest migrant population from Paraguay were 25 to 29 years (184 people), 35 to 39 years (166 people), and 5 to 9 years (130 people). These concentrated 72.4% of the total migrant population.