Germany

Country

Jan-Mar 2022: US$334M, Foreign Direct Investment

2022-Q1: US$9.12M, Remittances received from Germany

The main sale from Mexico to Germany in 2021 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$4.46B). The main origins of sales to Germany were Puebla (US$2.89B), Ciudad de México (US$2.11B), and Guanajuato (US$271M).

The main product bought by Mexico from Germany in 2021 was Parts and Accessories of Motor Vehicles (US$2.37B). The main destinations of purchases made to Germany were Ciudad de México (US$3.91B), Puebla (US$2.21B), and Estado de México (US$1.38B).

In the period January to March 2022, the Foreign Direct Investment (FDI) from Germany to Mexico is US$334M. In the same period, the states that received the highest FDI from Germany were Ciudad de México (US$122M), Jalisco (US$96.6M), and Estado de México (US$71.3M).

Regarding remittances, in the first quarter of 2022, Mexico received US$9.12M in remittances from Germany, while Germany received US$366k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 3,996 inmigrants from Germany were registered in 2020, 47.1% women and 52.9% men. The states with the highest concentration of inmigrants from Germany were Puebla (927 people), Ciudad de México (727 people), and San Luis Potosí (578 people).

Commercial Exchange

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The icons show the percentage share of Germany 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 May 2022, the international sales from Mexico to Germany were US$1.11B, while international purchases reached US$1.59B. The above results in a trade balance of -US$482M.

Annual International Trade

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The main sale from Mexico to Germany in 2021 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$4.46B). The main origins of sales to Germany were Puebla (US$2.89B), Ciudad de México (US$2.11B), and Guanajuato (US$271M).

The main product bought by Mexico from Germany in 2021 was Parts and Accessories of Motor Vehicles (US$2.37B). The main destinations of purchases made to Germany were Ciudad de México (US$3.91B), Puebla (US$2.21B), and Estado de México (US$1.38B).

Monthly International Trade

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The main sale from Mexico to Germany in May 2022 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$777M). The main origins of sales to Germany were Puebla (US$495M), Ciudad de México (US$353M), and Querétaro (US$24.8M).

The main product bought by Mexico from Germany in May 2022 was Parts and Accessories of Motor Vehicles (US$212M). The main destinations of purchases made to Germany were Ciudad de México (US$348M), Puebla (US$242M), and Estado de México (US$122M).

Net Trade Balance

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In 2021, the states with the highest commercial exchange (international sales minus international purchases) with were Puebla (US$462M), Zacatecas (US$20.9M), and Chiapas (US$8.94M).

Foreign Direct Investment

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Foreign Direct Investment Flow

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In the period January to March 2022, the FDI from Germany to Mexico reached US$334M, distributed in reinvestment of earnings (US$819M), equity capital (-US$24M), and inter-company debts (-US$461M).

From January 1999 to March 2022, Mexico has received a total of US$29.2B in FDI from Germany, distributed in inter-company debts (US$9.89B), equity capital (US$9.65B), and reinvestment of earnings (US$9.63B).

Foreign Direct Investment by States

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From January to March 2022, the states that received the highest FDI from Germany were Ciudad de México (US$122M), Jalisco (US$96.6M), and Estado de México (US$71.3M).

Historically (from January 1999 to March 2022) the states that have received the most FDI from Germany are Puebla (US$6.07B), Ciudad de México (US$4.53B), and Estado de México (US$4.2B).

Evolution of the Amount of Remittances

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

In the first quarter of 2022, Mexico received US$9.12M in remittances from Germany, while Germany received US$366k 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 Germany.

During 2021, a total amount of remittances of US$9.12M is accumulated, while the FDI from Germany to Mexico accumulated in the year is US$334M.

Immigration from Germany

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

The states with the highest concentration of migrants from Germany were Puebla (927 people), Ciudad de México (727 people), and San Luis Potosí (578 people).

The main reasons of migration from Germany to Mexico in recent years were family (1,318 people) and economical (1,054 people).

Diversity of immigrants

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

3,996 inmigrants from Germany were registered, 47.1% women and 52.9% men.

The age ranges that concentrated the largest migrant population from Germany were 30 to 34 years (735 people), 35 to 39 years (725 people), and 45 to 49 years (528 people). These concentrated 49.7% of the total migrant population.