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Hungary

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2024-Q1: US$28.9k, Remittances received from Hungary

The main sale from Mexico to Hungary in 2023 was Parts and Accessories of Machines (US$43.7M). The main origins of sales to Hungary were Jalisco (US$155M), Nuevo León (US$81.2M), and Ciudad de México (US$40.4M).

The main product bought by Mexico from Hungary in 2023 was Compression-Ignition Internal Combustion Piston Engines (US$207M). The main destinations of purchases made to Hungary were Puebla (US$880M), Ciudad de México (US$241M), and Estado de México (US$134M).

Regarding remittances, in the first quarter of 2024, Mexico received US$28.9k in remittances from Hungary, while Hungary received US$26.7k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 116 inmigrants from Hungary were registered in 2020, 93.1% women and 6.9% men. The states with the highest concentration of inmigrants from Hungary were Jalisco (103 people), Guanajuato (8 people), and Quintana Roo (5 people).

Commercial Exchange

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The icons show the percentage share of Hungary 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 March 2024, the international sales from Mexico to Hungary were US$36.2M, while international purchases reached US$153M. The above results in a trade balance of -US$117M.

Annual International Trade

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The main sale from Mexico to Hungary in 2023 was Parts and Accessories of Machines (US$43.7M). The main origins of sales to Hungary were Jalisco (US$155M), Nuevo León (US$81.2M), and Ciudad de México (US$40.4M).

The main product bought by Mexico from Hungary in 2023 was Compression-Ignition Internal Combustion Piston Engines (US$207M). The main destinations of purchases made to Hungary were Puebla (US$880M), Ciudad de México (US$241M), and Estado de México (US$134M).

Monthly International Trade

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The main sale from Mexico to Hungary in March 2024 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$7.16M). The main origins of sales to Hungary were Jalisco (US$13M), Nuevo León (US$11.8M), and Ciudad de México (US$3.95M).

The main product bought by Mexico from Hungary in March 2024 was Compression-Ignition Internal Combustion Piston Engines (US$17.1M). The main destinations of purchases made to Hungary were Puebla (US$74.5M), Ciudad de México (US$15.7M), and Nuevo León (US$12.4M).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Jalisco (US$78.7M), Tlaxcala (US$2.23M), and Oaxaca (US$1.2M).

Evolution of the Amount of Remittances

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

In the first quarter of 2024, Mexico received US$28.9k in remittances from Hungary, while Hungary received US$26.7k in remittances from Mexico.

Immigration from Hungary

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

The states with the highest concentration of migrants from Hungary were Jalisco (103 people), Guanajuato (8 people), and Quintana Roo (5 people).

The main reasons of migration from Hungary to Mexico in recent years were living place (111 people) and personal (5 people).

Diversity of immigrants

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

116 inmigrants from Hungary were registered, 93.1% women and 6.9% men.

The age ranges that concentrated the largest migrant population from Hungary were 30 to 34 years (111 people) and 40 to 44 years (5 people). These concentrated 100% of the total migrant population.