ProceduresGovernment

Singapore

Country

Jan-Mar 2024: US$8.49M, Foreign Direct Investment

2024-Q1: US$24.4k, Remittances received from Singapore

About Singapore

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The main sale from Mexico to Singapore in 2023 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$178M). The main origins of sales to Singapore were Ciudad de México (US$261M), Chihuahua (US$211M), and Jalisco (US$177M).

The main product bought by Mexico from Singapore in 2023 was Oils of Petroleum or Bituminous Minerals (US$824M). The main destinations of purchases made to Singapore were Ciudad de México (US$1.1B), Baja California (US$717M), and Chihuahua (US$319M).

In the period January to March 2024, the Foreign Direct Investment (FDI) from Singapore to Mexico is US$8.49M. In the same period, the states that received the highest FDI from Singapore were Ciudad de México (Confidential), Colima (Confidential), and Jalisco (Confidential).

Regarding remittances, in the first quarter of 2024, Mexico received US$24.4k in remittances from Singapore, while Singapore received US$4.8k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 80 inmigrants from Singapore were registered in 2020, 11.3% women and 88.8% men. The states with the highest concentration of inmigrants from Singapore were Ciudad de México (65 people), Yucatán (9 people), and Puebla (6 people).

Commercial Exchange

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The icons show the percentage share of Singapore 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 Singapore were US$69M, while international purchases reached US$133M. The above results in a trade balance of -US$64M.

Annual International Trade

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The main sale from Mexico to Singapore in 2023 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$178M). The main origins of sales to Singapore were Ciudad de México (US$261M), Chihuahua (US$211M), and Jalisco (US$177M).

The main product bought by Mexico from Singapore in 2023 was Oils of Petroleum or Bituminous Minerals (US$824M). The main destinations of purchases made to Singapore were Ciudad de México (US$1.1B), Baja California (US$717M), and Chihuahua (US$319M).

Monthly International Trade

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The main sale from Mexico to Singapore in March 2024 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$17.7M). The main origins of sales to Singapore were Chihuahua (US$17.5M), Jalisco (US$15.6M), and Ciudad de México (US$12.9M).

The main product bought by Mexico from Singapore in March 2024 was Diodes, Transistors and Similar Semiconductor (US$29.7M). The main destinations of purchases made to Singapore were Baja California (US$41.9M), Ciudad de México (US$29.1M), and Chihuahua (US$18.2M).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Coahuila de Zaragoza (US$165M), Sonora (US$45.8M), and Jalisco (US$45.8M).

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$1.03B in FDI from Singapore, distributed in inter-company debts (US$606M), equity capital (US$378M), and reinvestment of earnings (US$42.3M).

Foreign Direct Investment by States

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From January to March 2024, the states that received the highest FDI from Singapore were Ciudad de México (Confidential), Colima (Confidential), and Jalisco (Confidential).

Historically (from January 1999 to March 2024) the states that have received the most FDI from Singapore are Ciudad de México (US$220M), Querétaro (US$205M), and Jalisco (US$175M).

Evolution of the Amount of Remittances

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

In the first quarter of 2024, Mexico received US$24.4k in remittances from Singapore, while Singapore received US$4.8k 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 Singapore.

During 2021, a total amount of remittances of US$24.4k is accumulated, while the FDI from Singapore to Mexico accumulated in the year is US$8.49M.

Immigration from Singapore

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

The states with the highest concentration of migrants from Singapore were Ciudad de México (65 people), Yucatán (9 people), and Puebla (6 people).

The main reasons of migration from Singapore to Mexico in recent years were personal (65 people) and living place (9 people).

Diversity of immigrants

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

80 inmigrants from Singapore were registered, 11.3% women and 88.8% men.

The age ranges that concentrated the largest migrant population from Singapore were 25 to 29 years (65 people) and 35 to 39 years (15 people). These concentrated 100% of the total migrant population.