Iceland
Country
2025-Q1: US$12.3k, Remittances received from Iceland
About Iceland
#permalink to sectionThe main sale from Mexico to Iceland in 2024 was Motor Vehicles for the Transport of Goods (US$564k). The main origins of sales to Iceland were Ciudad de México (US$581k), Jalisco (US$431k), and Nuevo León (US$379k).
The main product bought by Mexico from Iceland in 2024 was Fats and Oils and their Fractions of Fish or Marine Mammals, whether or not Refined, but not Chemically Modified (US$4.95M). The main destinations of purchases made to Iceland were Chihuahua (US$6.27M), Baja California (US$4.86M), and Nuevo León (US$4.77M).
Regarding remittances, in the first quarter of 2025, Mexico received US$12.3k in remittances from Iceland, while Iceland received US$5.09k in remittances from Mexico.
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn March 2025, the international sales from Mexico to Iceland were US$55.5k, while international purchases reached US$869k. The above results in a trade balance of -US$814k.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Iceland in 2024 was Motor Vehicles for the Transport of Goods (US$564k). The main origins of sales to Iceland were Ciudad de México (US$581k), Jalisco (US$431k), and Nuevo León (US$379k).
The main product bought by Mexico from Iceland in 2024 was Fats and Oils and their Fractions of Fish or Marine Mammals, whether or not Refined, but not Chemically Modified (US$4.95M). The main destinations of purchases made to Iceland were Chihuahua (US$6.27M), Baja California (US$4.86M), and Nuevo León (US$4.77M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Iceland in March 2025 was Ethylene Polymers in Primary Forms (US$39k). The main origins of sales to Iceland were Estado de México (US$47.9k) and Jalisco (US$7.65k).
The main product bought by Mexico from Iceland in March 2025 was Splints or other Items and Fracture Appliances; Articles and Artificial Limbs; Hearing Aids (US$308k). The main destinations of purchases made to Iceland were Baja California (US$523k), Ciudad de México (US$62.4k), and Chihuahua (US$10.9k).
Net Trade Balance
#permalink to sectionIn 2024, the states with the highest commercial exchange (international sales minus international purchases) with were Oaxaca (US$89.2k), Yucatán (US$58.4k), and Durango (US$3.93k).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Iceland and the remittances that Mexico receives from Iceland.
In the first quarter of 2025, Mexico received US$12.3k in remittances from Iceland, while Iceland received US$5.09k in remittances from Mexico.