Ireland
Country
Jan-Mar 2024: US$38.9M, Foreign Direct Investment
2024-Q1: US$506k, Remittances received from Ireland
About Ireland
#permalink to sectionThe main sale from Mexico to Ireland in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$155M). The main origins of sales to Ireland were Jalisco (US$151M), Baja California (US$100M), and Nuevo León (US$51.7M).
The main product bought by Mexico from Ireland in 2023 was Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages (US$1.65B). The main destinations of purchases made to Ireland were Ciudad de México (US$2.32B), Baja California (US$112M), and Chihuahua (US$58.9M).
In the period January to March 2024, the Foreign Direct Investment (FDI) from Ireland to Mexico is US$38.9M. In the same period, the states that received the highest FDI from Ireland were Chihuahua (Confidential), Baja California (Confidential), and Ciudad de México (Confidential).
Regarding remittances, in the first quarter of 2024, Mexico received US$506k in remittances from Ireland, while Ireland received US$58.5k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 466 inmigrants from Ireland were registered in 2020, 58.8% women and 41.2% men. The states with the highest concentration of inmigrants from Ireland were Ciudad de México (102 people), Jalisco (99 people), and Baja California (79 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn April 2024, the international sales from Mexico to Ireland were US$48M, while international purchases reached US$323M. The above results in a trade balance of -US$275M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Ireland in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$155M). The main origins of sales to Ireland were Jalisco (US$151M), Baja California (US$100M), and Nuevo León (US$51.7M).
The main product bought by Mexico from Ireland in 2023 was Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages (US$1.65B). The main destinations of purchases made to Ireland were Ciudad de México (US$2.32B), Baja California (US$112M), and Chihuahua (US$58.9M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Ireland in April 2024 was Parts and Accessories of Machines (US$18.7M). The main origins of sales to Ireland were Jalisco (US$23.7M), Baja California (US$10M), and Nuevo León (US$3.14M).
The main product bought by Mexico from Ireland in April 2024 was Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages (US$200M). The main destinations of purchases made to Ireland were Ciudad de México (US$280M), Baja California (US$13M), and Chihuahua (US$10.8M).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Jalisco (US$106M), Colima (US$38.1M), and Nuevo León (US$33.8M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionFrom January 1999 to March 2024, Mexico has received a total of US$4.9B in FDI from Ireland, distributed in inter-company debts (US$3.6B), reinvestment of earnings (US$996M), and equity capital (US$304M).
Foreign Direct Investment by States
#permalink to sectionFrom January to March 2024, the states that received the highest FDI from Ireland were Chihuahua (Confidential), Baja California (Confidential), and Ciudad de México (Confidential).
Historically (from January 1999 to March 2024) the states that have received the most FDI from Ireland are Chihuahua (US$2.95B), Estado de México (US$416M), and Baja California (US$394M).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Ireland and the remittances that Mexico receives from Ireland.
In the first quarter of 2024, Mexico received US$506k in remittances from Ireland, while Ireland received US$58.5k 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 Ireland.
During 2021, a total amount of remittances of US$506k is accumulated, while the FDI from Ireland to Mexico accumulated in the year is US$38.9M.
Migration
#permalink to sectionImmigration from Ireland
#permalink to sectionThe map shows the destination states of migrants from Ireland to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Ireland were Ciudad de México (102 people), Jalisco (99 people), and Baja California (79 people).
The main reasons of migration from Ireland to Mexico in recent years were educational (191 people) and family (173 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Ireland to Mexico in recent years.
466 inmigrants from Ireland were registered, 58.8% women and 41.2% men.
The age ranges that concentrated the largest migrant population from Ireland were 25 to 29 years (204 people), 30 to 34 years (152 people), and 75 to 79 years (72 people). These concentrated 91.8% of the total migrant population.