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Dominican Republic

Country

2024-Q1: US$8.42M, Remittances received from Dominican Republic

About Dominican Republic

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The main sale from Mexico to Dominican Republic in 2023 was Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified (US$53.4M). The main origins of sales to Dominican Republic were Ciudad de México (US$254M), Estado de México (US$107M), and Nuevo León (US$87.1M).

The main product bought by Mexico from Dominican Republic in 2023 was T-Shirts, Knitted or Crocheted (US$38.8M). The main destinations of purchases made to Dominican Republic were Baja California (US$81.9M), Ciudad de México (US$64.9M), and Chihuahua (US$61.2M).

Regarding remittances, in the first quarter of 2024, Mexico received US$8.42M in remittances from Dominican Republic, while Dominican Republic received US$7.06M in remittances from Mexico.

Finally, in terms of immigration to Mexico, 1,151 inmigrants from Dominican Republic were registered in 2020, 36.3% women and 63.7% men. The states with the highest concentration of inmigrants from Dominican Republic were Ciudad de México (383 people), Michoacán de Ocampo (130 people), and Jalisco (122 people).

Commercial Exchange

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The icons show the percentage share of Dominican Republic 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 Dominican Republic were US$70.3M, while international purchases reached US$20.7M. The above results in a trade balance of US$49.6M.

Annual International Trade

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The main sale from Mexico to Dominican Republic in 2023 was Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified (US$53.4M). The main origins of sales to Dominican Republic were Ciudad de México (US$254M), Estado de México (US$107M), and Nuevo León (US$87.1M).

The main product bought by Mexico from Dominican Republic in 2023 was T-Shirts, Knitted or Crocheted (US$38.8M). The main destinations of purchases made to Dominican Republic were Baja California (US$81.9M), Ciudad de México (US$64.9M), and Chihuahua (US$61.2M).

Monthly International Trade

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The main sale from Mexico to Dominican Republic in March 2024 was Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified (US$4.14M). The main origins of sales to Dominican Republic were Ciudad de México (US$21.6M), Estado de México (US$8.7M), and Nuevo León (US$5.57M).

The main product bought by Mexico from Dominican Republic in March 2024 was Electrical Apparatus for Switching or Protecting Electrical Circuits (US$3.34M). The main destinations of purchases made to Dominican Republic were Ciudad de México (US$6.33M), Chihuahua (US$4.97M), and Baja California (US$4.2M).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Ciudad de México (US$191M), Estado de México (US$105M), and Nuevo León (US$70.1M).

Evolution of the Amount of Remittances

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

In the first quarter of 2024, Mexico received US$8.42M in remittances from Dominican Republic, while Dominican Republic received US$7.06M in remittances from Mexico.

Immigration from Dominican Republic

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

The states with the highest concentration of migrants from Dominican Republic were Ciudad de México (383 people), Michoacán de Ocampo (130 people), and Jalisco (122 people).

The main reasons of migration from Dominican Republic to Mexico in recent years were economical (413 people) and family (298 people).

Diversity of immigrants

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

1,151 inmigrants from Dominican Republic were registered, 36.3% women and 63.7% men.

The age ranges that concentrated the largest migrant population from Dominican Republic were 30 to 34 years (295 people), 25 to 29 years (269 people), and 35 to 39 years (195 people). These concentrated 65.9% of the total migrant population.