Armenia
Country
2024-Q4: US$53.5k, Remittances received from Armenia
About Armenia
#permalink to sectionThe main sale from Mexico to Armenia in 2023 was Extracts, Essences and Concentrates of Coffee, Tea or Maté and Preparations Based on these Products or Based on Coffee, Tea or Maté; Roasted Chicory and other Roasted Coffee Substitutes and Extracts, Essences and Concentrates (US$429k). The main origins of sales to Armenia were Veracruz de Ignacio de la Llave (US$496k), Ciudad de México (US$180k), and Jalisco (US$129k).
The main product bought by Mexico from Armenia in 2023 was Ferroalloys (US$2.46M). The main destinations of purchases made to Armenia were Veracruz de Ignacio de la Llave (US$2.17M), Jalisco (US$586k), and Ciudad de México (US$442k).
Regarding remittances, in the fourth quarter of 2024, Mexico received US$53.5k in remittances from Armenia, while Armenia received US$7.12k in remittances from Mexico.
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn November 2024, the international sales from Mexico to Armenia were US$97.9k, while international purchases reached US$747k. The above results in a trade balance of -US$649k.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Armenia in 2023 was Extracts, Essences and Concentrates of Coffee, Tea or Maté and Preparations Based on these Products or Based on Coffee, Tea or Maté; Roasted Chicory and other Roasted Coffee Substitutes and Extracts, Essences and Concentrates (US$429k). The main origins of sales to Armenia were Veracruz de Ignacio de la Llave (US$496k), Ciudad de México (US$180k), and Jalisco (US$129k).
The main product bought by Mexico from Armenia in 2023 was Ferroalloys (US$2.46M). The main destinations of purchases made to Armenia were Veracruz de Ignacio de la Llave (US$2.17M), Jalisco (US$586k), and Ciudad de México (US$442k).
Monthly International Trade
#permalink to sectionThe main product bought by Mexico from Armenia in November 2024 was Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus (US$586k). The main destinations of purchases made to Armenia were Jalisco (US$591k), Ciudad de México (US$144k), and Tamaulipas (US$10.7k).
Net Trade Balance
#permalink to sectionIn 2023, the states with the highest commercial exchange (international sales minus international purchases) with were San Luis Potosí (US$24.8k), Nuevo León (US$12.3k), and Morelos (US$4.24k).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Armenia and the remittances that Mexico receives from Armenia.
In the fourth quarter of 2024, Mexico received US$53.5k in remittances from Armenia, while Armenia received US$7.12k in remittances from Mexico.