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British Virgin Islands

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2024-Q3: US$424, Remittances received from British Virgin Islands

About British Virgin Islands

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The main sale from Mexico to British Virgin Islands in 2023 was Crustaceans; in Shell or Not, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine; Smoked, Cooked or not before or during Smoking (US$15M). The main origins of sales to British Virgin Islands were Baja California (US$16.3M), Estado de México (US$570k), and Ciudad de México (US$277k).

The main product bought by Mexico from British Virgin Islands in 2023 was Parts and Accessories of Motor Vehicles (US$29.9M). The main destinations of purchases made to British Virgin Islands were Guanajuato (US$29.9M), Quintana Roo (US$1.24M), and Jalisco (US$247k).

Regarding remittances, in the third quarter of 2024, Mexico received US$424 in remittances from British Virgin Islands, while British Virgin Islands received US$0 in remittances from Mexico.

Commercial Exchange

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The icons show the percentage share of British Virgin Islands 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 November 2024, the international sales from Mexico to British Virgin Islands were US$2.59M, while international purchases reached US$986. The above results in a trade balance of US$2.59M.

Annual International Trade

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The main sale from Mexico to British Virgin Islands in 2023 was Crustaceans; in Shell or Not, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine; Smoked, Cooked or not before or during Smoking (US$15M). The main origins of sales to British Virgin Islands were Baja California (US$16.3M), Estado de México (US$570k), and Ciudad de México (US$277k).

The main product bought by Mexico from British Virgin Islands in 2023 was Parts and Accessories of Motor Vehicles (US$29.9M). The main destinations of purchases made to British Virgin Islands were Guanajuato (US$29.9M), Quintana Roo (US$1.24M), and Jalisco (US$247k).

Monthly International Trade

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The main sale from Mexico to British Virgin Islands in November 2024 was Crustaceans; in Shell or Not, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine; Smoked, Cooked or not before or during Smoking (US$2.41M). The main origins of sales to British Virgin Islands were Baja California (US$2.41M), Nuevo León (US$114k), and Yucatán (US$33.9k).

The main product bought by Mexico from British Virgin Islands in November 2024 was The Articles of Plastics and Articles of other Materials (US$232). The main destinations of purchases made to British Virgin Islands were Ciudad de México (US$754) and Baja California (US$232).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Baja California (US$16.3M), Sinaloa (US$2.6M), and Estado de México (US$567k).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to British Virgin Islands and the remittances that Mexico receives from British Virgin Islands.

In the third quarter of 2024, Mexico received US$424 in remittances from British Virgin Islands, while British Virgin Islands received US$0 in remittances from Mexico.