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China

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Jan-Dec 2023: US$151M, Foreign Direct Investment

2024-Q1: US$306k, Remittances received from China

The main sale from Mexico to China in 2023 was Copper Ores and Concentrates (US$3.32B). The main origins of sales to China were Sonora (US$2.61B), Ciudad de México (US$1.99B), and Puebla (US$1.37B).

The main product bought by Mexico from China in 2023 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$9.06B). The main destinations of purchases made to China were Ciudad de México (US$27.7B), Chihuahua (US$14.8B), and Jalisco (US$12.5B).

In the period January to December 2023, the Foreign Direct Investment (FDI) from China to Mexico is US$151M. In the same period, the states that received the highest FDI from China were Nuevo León (US$101M), Coahuila de Zaragoza (Confidential), and Guanajuato (Confidential).

Regarding remittances, in the first quarter of 2024, Mexico received US$306k in remittances from China, while China received US$1.49M in remittances from Mexico.

Finally, in terms of immigration to Mexico, 2,282 inmigrants from China were registered in 2020, 40.1% women and 59.9% men. The states with the highest concentration of inmigrants from China were Ciudad de México (782 people), Coahuila de Zaragoza (365 people), and Estado de México (268 people).

Commercial Exchange

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The icons show the percentage share of China 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 February 2024, the international sales from Mexico to China were US$630M, while international purchases reached US$9.73B. The above results in a trade balance of -US$9.1B.

Annual International Trade

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The main sale from Mexico to China in 2023 was Copper Ores and Concentrates (US$3.32B). The main origins of sales to China were Sonora (US$2.61B), Ciudad de México (US$1.99B), and Puebla (US$1.37B).

The main product bought by Mexico from China in 2023 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$9.06B). The main destinations of purchases made to China were Ciudad de México (US$27.7B), Chihuahua (US$14.8B), and Jalisco (US$12.5B).

Monthly International Trade

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The main sale from Mexico to China in February 2024 was Copper Ores and Concentrates (US$214M). The main origins of sales to China were Ciudad de México (US$248M), Sonora (US$120M), and Puebla (US$32.7M).

The main product bought by Mexico from China in February 2024 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$752M). The main destinations of purchases made to China were Ciudad de México (US$2.42B), Chihuahua (US$1.22B), and Nuevo León (US$1.04B).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Sonora (US$927M), Puebla (US$62.1M), and No Informado (US$487k).

Foreign Direct Investment

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Foreign Direct Investment Flow

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In the period January to December 2023, the FDI from China to Mexico reached US$151M, distributed in equity capital (US$191M), reinvestment of earnings (US$47.2M), and inter-company debts (-US$86.4M).

From January 1999 to December 2023, Mexico has received a total of US$2.55B in FDI from China, distributed in equity capital (US$1.75B), inter-company debts (US$584M), and reinvestment of earnings (US$219M).

Foreign Direct Investment by States

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From January to December 2023, the states that received the highest FDI from China were Nuevo León (US$101M), Coahuila de Zaragoza (Confidential), and Guanajuato (Confidential).

Historically (from January 1999 to December 2023) the states that have received the most FDI from China are Ciudad de México (US$499M), Jalisco (US$419M), and Yucatán (US$381M).

Evolution of the Amount of Remittances

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

In the first quarter of 2024, Mexico received US$306k in remittances from China, while China received US$1.49M in remittances from Mexico.

Remittancesand Foreign Direct Investment

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The visualization compares the evolution of Foreign Direct Investment (FDI) and the income from remittances from China.

During 2021, a total amount of remittances of US$306k is accumulated, while the FDI from China to Mexico accumulated in the year is US$151M.

Immigration from China

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

The states with the highest concentration of migrants from China were Ciudad de México (782 people), Coahuila de Zaragoza (365 people), and Estado de México (268 people).

The main reasons of migration from China to Mexico in recent years were family (816 people) and economical (573 people).

Diversity of immigrants

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

2,282 inmigrants from China were registered, 40.1% women and 59.9% men.

The age ranges that concentrated the largest migrant population from China were 30 to 34 years (578 people), 40 to 44 years (365 people), and 35 to 39 years (289 people). These concentrated 54% of the total migrant population.