ProceduresGovernment

Sweden

Country

Jan-Mar 2024: -US$58.4M, Foreign Direct Investment

2024-Q1: US$454k, Remittances received from Sweden

The main sale from Mexico to Sweden in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$29.3M). The main origins of sales to Sweden were Nuevo León (US$57.9M), Jalisco (US$18.4M), and Ciudad de México (US$8.96M).

The main product bought by Mexico from Sweden in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$91.3M). The main destinations of purchases made to Sweden were Ciudad de México (US$501M), Nuevo León (US$229M), and Estado de México (US$121M).

In the period January to March 2024, the Foreign Direct Investment (FDI) from Sweden to Mexico is -US$58.4M. In the same period, the states that received the highest FDI from Sweden were Tlaxcala (Confidential), Baja California (US$2.31M), and Chihuahua (Confidential).

Regarding remittances, in the first quarter of 2024, Mexico received US$454k in remittances from Sweden, while Sweden received US$34.9k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 268 inmigrants from Sweden were registered in 2020, 44% women and 56% men. The states with the highest concentration of inmigrants from Sweden were Coahuila de Zaragoza (112 people), Nuevo León (34 people), and Baja California (30 people).

Commercial Exchange

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The icons show the percentage share of Sweden 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 Sweden were US$25.1M, while international purchases reached US$124M. The above results in a trade balance of -US$99.3M.

Annual International Trade

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The main sale from Mexico to Sweden in 2023 was Data Processing Machines and Data Processing Units, not elsewhere Specified or Included Elsewhere (US$29.3M). The main origins of sales to Sweden were Nuevo León (US$57.9M), Jalisco (US$18.4M), and Ciudad de México (US$8.96M).

The main product bought by Mexico from Sweden in 2023 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$91.3M). The main destinations of purchases made to Sweden were Ciudad de México (US$501M), Nuevo León (US$229M), and Estado de México (US$121M).

Monthly International Trade

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The main sale from Mexico to Sweden in March 2024 was Turbojets, Turbopropellers and other Gas Turbines (US$17M). The main origins of sales to Sweden were Querétaro (US$17.3M), Nuevo León (US$2.98M), and Jalisco (US$1.37M).

The main product bought by Mexico from Sweden in March 2024 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$12.2M). The main destinations of purchases made to Sweden were Ciudad de México (US$48M), Nuevo León (US$16.8M), and Estado de México (US$9.08M).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Oaxaca (US$215k), Guerrero (-US$2.95k), and Zacatecas (-US$10.7k).

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$3.12B in FDI from Sweden, distributed in inter-company debts (US$1.12B), equity capital (US$1.01B), and reinvestment of earnings (US$993M).

Foreign Direct Investment by States

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From January to March 2024, the states that received the highest FDI from Sweden were Tlaxcala (Confidential), Baja California (US$2.31M), and Chihuahua (Confidential).

Historically (from January 1999 to March 2024) the states that have received the most FDI from Sweden are Querétaro (US$679M), Estado de México (US$649M), and Chihuahua (US$518M).

Evolution of the Amount of Remittances

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

In the first quarter of 2024, Mexico received US$454k in remittances from Sweden, while Sweden received US$34.9k 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 Sweden.

During 2021, a total amount of remittances of US$454k is accumulated, while the FDI from Sweden to Mexico accumulated in the year is -US$58.4M.

Immigration from Sweden

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

The states with the highest concentration of migrants from Sweden were Coahuila de Zaragoza (112 people), Nuevo León (34 people), and Baja California (30 people).

The main reasons of migration from Sweden to Mexico in recent years were educational (87 people) and economical (63 people).

Diversity of immigrants

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

268 inmigrants from Sweden were registered, 44% women and 56% men.

The age ranges that concentrated the largest migrant population from Sweden were 35 to 39 years (93 people), 30 to 34 years (56 people), and 20 to 24 years (53 people). These concentrated 75.4% of the total migrant population.