Venezuela
Country
About Venezuela
#permalink to sectionThe main sale from Mexico to Venezuela in 2023 was Corn (US$41.8M). The main origins of sales to Venezuela were N/A.
The main product bought by Mexico from Venezuela in 2023 was Other Oil Seeds and Oleaginous Fruits, whole or Broken (US$9.51M). The main destinations of purchases made to Venezuela were N/A.
In the period January to December 2024, the Foreign Direct Investment (FDI) from Venezuela to Mexico is N/A. In the same period, the states that received the highest FDI from Venezuela were Estado de México (Confidential), Ciudad de México (US$8.77M), and Quintana Roo (US$8.46M).
Regarding remittances, in the N/A, Mexico received N/A in remittances from Venezuela, while Venezuela received N/A in remittances from Mexico.
Finally, in terms of immigration to Mexico, 33,826 inmigrants from Venezuela were registered in 2020, 53.7% women and 46.3% men. The states with the highest concentration of inmigrants from Venezuela were N/A.
Commercial Exchange
#permalink to sectionMarket Share
#permalink to sectionThe icons show the percentage share of Venezuela in Mexico's imports and exports, as well as the net trade balance between the two countries.
Data provided by Bank of Mexico.
Corresponding to US$240M in 2024: 0.039%, Participation of the Venezuela in the exports of Mexico
Corresponding to US$35.1M in 2024: 0.0056%, Participation of the Venezuela in the imports of Mexico
Corresponds to the difference of exports and imports between both countries: US$205M, Net trade balance between Mexico and the Venezuela in 2024
Net International Exchange
#permalink to sectionIn November 2024, the N/A from Mexico to Venezuela were N/A, while N/A reached N/A. The above results in a trade balance of N/A.
Net International Trade with Venezuela, according BCMM
Monthly Flow
Annual International Trade
#permalink to sectionThe main sale from Mexico to Venezuela in 2023 was Corn (US$41.8M). The main origins of sales to Venezuela were N/A.
The main product bought by Mexico from Venezuela in 2023 was Other Oil Seeds and Oleaginous Fruits, whole or Broken (US$9.51M). The main destinations of purchases made to Venezuela were N/A.
International Purchases - 2023
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Destination of International Purchases from Venezuela - 2023
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Monthly International Trade
#permalink to sectionInternational Purchases - November 2024
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Destination of International Purchases from Venezuela - November 2024
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Net Trade Balance
#permalink to sectionIn 2023, the states with N/A were N/A.
Trade Balance by State (2023)
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Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to December 2024, the FDI from Venezuela to Mexico reached US$45.3M, distributed in equity capital (US$24.3M), reinvestment of earnings (US$12.3M), and inter-company debts (US$8.63M).
From January 1999 to December 2024, Mexico has received a total of US$237M in FDI from Venezuela, distributed in equity capital (US$283M), reinvestment of earnings (US$20.2M), and inter-company debts (-US$66.5M).
Annual Flow of FDI from Venezuela to Mexico
Foreign Direct Investment by States
#permalink to sectionFrom January to December 2024, the states that received the highest FDI from Venezuela were Estado de México (Confidential), Ciudad de México (US$8.77M), and Quintana Roo (US$8.46M).
Historically (from January 1999 to December 2024) the states that have received the most FDI from Venezuela are Quintana Roo (US$60.1M), Tabasco (US$50.9M), and Ciudad de México (US$44.8M).
FDI by State
Period Jan-Dec 2024
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Venezuela and the remittances that Mexico receives from Venezuela.
In the N/A, Mexico received N/A in remittances from Venezuela, while Venezuela received N/A in remittances from Mexico.
Evolution of the flow of remittances between Mexico and Venezuela
Remittancesand Foreign Direct Investment
#permalink to sectionThe visualization compares the evolution of Foreign Direct Investment (FDI) and the income from remittances from Venezuela.
During 2021, a total amount of remittances of N/A is accumulated, while the FDI from Venezuela to Mexico accumulated in the year is N/A.
Comparison of Income from Remittances and FDI from Venezuela
Migration
#permalink to sectionImmigration from Venezuela
#permalink to sectionThe map shows the destination states of migrants from Venezuela to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Venezuela were N/A.
The main reasons of migration from Venezuela to Mexico in recent years were family (9,428 people) and labor (7,237 people).
Destination of immigrants from the Venezuela
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Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Venezuela to Mexico in recent years.
33,826 inmigrants from Venezuela were registered, 53.7% women and 46.3% men.
The age ranges that concentrated the largest migrant population from Venezuela were N/A. These concentrated N/A% of the total migrant population.