ProceduresGovernment

Nicaragua

Country

Jan-Mar 2024: US$4.23M, Foreign Direct Investment

2024-Q1: US$4.21M, Remittances received from Nicaragua

About Nicaragua

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The main sale from Mexico to Nicaragua in 2023 was Electrical Wires and Cables (US$174M). The main origins of sales to Nicaragua were Nuevo León (US$268M), Jalisco (US$231M), and Ciudad de México (US$164M).

The main product bought by Mexico from Nicaragua in 2023 was Meat of Bovine Animals, Fresh or Chilled (US$120M). The main destinations of purchases made to Nicaragua were Sinaloa (US$147M), Nuevo León (US$89.6M), and Baja California (US$42.7M).

In the period January to March 2024, the Foreign Direct Investment (FDI) from Nicaragua to Mexico is US$4.23M. In the same period, the states that received the highest FDI from Nicaragua were Quintana Roo (Confidential) and Chihuahua (Confidential).

Regarding remittances, in the first quarter of 2024, Mexico received US$4.21M in remittances from Nicaragua, while Nicaragua received US$2.05M in remittances from Mexico.

Finally, in terms of immigration to Mexico, 1,984 inmigrants from Nicaragua were registered in 2020, 45.9% women and 54.1% men. The states with the highest concentration of inmigrants from Nicaragua were Chihuahua (504 people), Coahuila de Zaragoza (432 people), and Chiapas (230 people).

Commercial Exchange

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The icons show the percentage share of Nicaragua 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 April 2024, the international sales from Mexico to Nicaragua were US$102M, while international purchases reached US$38.5M. The above results in a trade balance of US$63.2M.

Annual International Trade

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The main sale from Mexico to Nicaragua in 2023 was Electrical Wires and Cables (US$174M). The main origins of sales to Nicaragua were Nuevo León (US$268M), Jalisco (US$231M), and Ciudad de México (US$164M).

The main product bought by Mexico from Nicaragua in 2023 was Meat of Bovine Animals, Fresh or Chilled (US$120M). The main destinations of purchases made to Nicaragua were Sinaloa (US$147M), Nuevo León (US$89.6M), and Baja California (US$42.7M).

Monthly International Trade

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The main sale from Mexico to Nicaragua in April 2024 was Electrical Wires and Cables (US$14.3M). The main origins of sales to Nicaragua were Ciudad de México (US$22.5M), Nuevo León (US$21.8M), and Jalisco (US$19.9M).

The main product bought by Mexico from Nicaragua in April 2024 was T-Shirts, Knitted or Crocheted (US$8.71M). The main destinations of purchases made to Nicaragua were Nuevo León (US$4.06M), Baja California (US$3.8M), and Chihuahua (US$3.51M).

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$228M), Nuevo León (US$180M), and Ciudad de México (US$122M).

Foreign Direct Investment

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Foreign Direct Investment Flow

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From January 1999 to March 2024, Mexico has received a total of US$59.8M in FDI from Nicaragua, distributed in reinvestment of earnings (US$33.4M), equity capital (US$26M), and inter-company debts (US$380k).

Foreign Direct Investment by States

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From January to March 2024, the states that received the highest FDI from Nicaragua were Quintana Roo (Confidential) and Chihuahua (Confidential).

Historically (from January 1999 to March 2024) the states that have received the most FDI from Nicaragua are Jalisco (US$35.4M), Michoacán de Ocampo (US$5.89M), and Guanajuato (US$3.57M).

Evolution of the Amount of Remittances

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

In the first quarter of 2024, Mexico received US$4.21M in remittances from Nicaragua, while Nicaragua received US$2.05M 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 Nicaragua.

During 2021, a total amount of remittances of US$4.21M is accumulated, while the FDI from Nicaragua to Mexico accumulated in the year is US$4.23M.

Immigration from Nicaragua

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

The states with the highest concentration of migrants from Nicaragua were Chihuahua (504 people), Coahuila de Zaragoza (432 people), and Chiapas (230 people).

The main reasons of migration from Nicaragua to Mexico in recent years were family (837 people) and labor (412 people).

Diversity of immigrants

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

1,984 inmigrants from Nicaragua were registered, 45.9% women and 54.1% men.

The age ranges that concentrated the largest migrant population from Nicaragua were 5 to 9 years (436 people), 35 to 39 years (413 people), and 30 to 34 years (322 people). These concentrated 59% of the total migrant population.