Finland
Country
Jan-Jun 2024: US$29.2M, Foreign Direct Investment
2024-Q2: US$275k, Remittances received from Finland
About Finland
#permalink to sectionThe main sale from Mexico to Finland in 2023 was Motor Vehicles for the Transport of Goods (US$36.9M). The main origins of sales to Finland were Chihuahua (US$37.5M), Jalisco (US$14.8M), and Ciudad de México (US$11.7M).
The main product bought by Mexico from Finland in 2023 was Paper and Paperboard, Coated one or both Sides with Kaolin (China Clay) or Inorganic Substances, any Size (US$107M). The main destinations of purchases made to Finland were Ciudad de México (US$280M), Jalisco (US$98.4M), and San Luis Potosí (US$88.3M).
In the period January to June 2024, the Foreign Direct Investment (FDI) from Finland to Mexico is US$29.2M. In the same period, the states that received the highest FDI from Finland were Estado de México (Confidential), Coahuila de Zaragoza (US$6.94M), and Jalisco (Confidential).
Regarding remittances, in the second quarter of 2024, Mexico received US$275k in remittances from Finland, while Finland received US$17.8k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 16 inmigrants from Finland were registered in 2020, 100% women and 0% men. The states with the highest concentration of inmigrants from Finland were Jalisco (12 people) and Oaxaca (4 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn July 2024, the international sales from Mexico to Finland were US$16.8M, while international purchases reached US$75.3M. The above results in a trade balance of -US$58.5M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Finland in 2023 was Motor Vehicles for the Transport of Goods (US$36.9M). The main origins of sales to Finland were Chihuahua (US$37.5M), Jalisco (US$14.8M), and Ciudad de México (US$11.7M).
The main product bought by Mexico from Finland in 2023 was Paper and Paperboard, Coated one or both Sides with Kaolin (China Clay) or Inorganic Substances, any Size (US$107M). The main destinations of purchases made to Finland were Ciudad de México (US$280M), Jalisco (US$98.4M), and San Luis Potosí (US$88.3M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Finland in July 2024 was Motor Vehicles for the Transport of Goods (US$6.8M). The main origins of sales to Finland were Chihuahua (US$6.93M), Jalisco (US$4.72M), and Nuevo León (US$833k).
The main product bought by Mexico from Finland in July 2024 was Rolled Products of Stainless Steel, of a Width of 600 Mm (US$11.2M). The main destinations of purchases made to Finland were Ciudad de México (US$21.7M), San Luis Potosí (US$13.2M), and Jalisco (US$7.47M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Chihuahua (US$70.7M), Chiapas (US$338k), and Oaxaca (US$170k).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionFrom January 1999 to June 2024, Mexico has received a total of US$1.2B in FDI from Finland, distributed in inter-company debts (US$580M), reinvestment of earnings (US$434M), and equity capital (US$190M).
Foreign Direct Investment by States
#permalink to sectionFrom January to June 2024, the states that received the highest FDI from Finland were Estado de México (Confidential), Coahuila de Zaragoza (US$6.94M), and Jalisco (Confidential).
Historically (from January 1999 to June 2024) the states that have received the most FDI from Finland are San Luis Potosí (US$550M), Nuevo León (US$300M), and Ciudad de México (US$219M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Finland and the remittances that Mexico receives from Finland.
In the second quarter of 2024, Mexico received US$275k in remittances from Finland, while Finland received US$17.8k in remittances from Mexico.
Remittancesand Foreign Direct Investment
#permalink to sectionThe visualization compares the evolution of Foreign Direct Investment (FDI) and the income from remittances from Finland.
During 2021, a total amount of remittances of US$489k is accumulated, while the FDI from Finland to Mexico accumulated in the year is US$29.2M.
Migration
#permalink to sectionImmigration from Finland
#permalink to sectionThe map shows the destination states of migrants from Finland to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Finland were Jalisco (12 people) and Oaxaca (4 people).
The main reasons of migration from Finland to Mexico in recent years were personal (16 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Finland to Mexico in recent years.
16 inmigrants from Finland were registered, 100% women and 0% men.
The age ranges that concentrated the largest migrant population from Finland were 20 to 24 years (12 people) and 35 to 39 years (4 people). These concentrated 100% of the total migrant population.