Belgium
Country
Jan-Sep 2022: US$60.5M, Foreign Direct Investment
2022-Q4: US$190k, Remittances received from Belgium
About Belgium
#permalink to sectionThe main sale from Mexico to Belgium in 2022 was Saturated Acyclic Monocarboxylic Acids and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated (US$186M). The main origins of sales to Belgium were Ciudad de México (US$496M), Tamaulipas (US$163M), and Sonora (US$93.5M).
The main product bought by Mexico from Belgium in 2022 was Mineral or Chemical Nitrogenados (US$88.7M). The main destinations of purchases made to Belgium were Ciudad de México (US$486M), Querétaro (US$208M), and Estado de México (US$141M).
In the period January to September 2022, the Foreign Direct Investment (FDI) from Belgium to Mexico is US$60.5M. In the same period, the states that received the highest FDI from Belgium were Estado de México (Confidential), Nuevo León (US$7.26M), and Guanajuato (Confidential).
Regarding remittances, in the fourth quarter of 2022, Mexico received US$190k in remittances from Belgium, while Belgium received US$267k in remittances from Mexico.
Finally, in terms of immigration to Mexico, 309 inmigrants from Belgium were registered in 2020, 53.4% women and 46.6% men. The states with the highest concentration of inmigrants from Belgium were Veracruz de Ignacio de la Llave (108 people), Aguascalientes (65 people), and Ciudad de México (58 people).
Commercial Exchange
#permalink to sectionNet International Exchange
#permalink to sectionIn December 2022, the international sales from Mexico to Belgium were US$148M, while international purchases reached US$95.8M. The above results in a trade balance of US$52M.
Annual International Trade
#permalink to sectionThe main sale from Mexico to Belgium in 2022 was Saturated Acyclic Monocarboxylic Acids and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated (US$186M). The main origins of sales to Belgium were Ciudad de México (US$496M), Tamaulipas (US$163M), and Sonora (US$93.5M).
The main product bought by Mexico from Belgium in 2022 was Mineral or Chemical Nitrogenados (US$88.7M). The main destinations of purchases made to Belgium were Ciudad de México (US$486M), Querétaro (US$208M), and Estado de México (US$141M).
Monthly International Trade
#permalink to sectionThe main sale from Mexico to Belgium in December 2022 was Saturated Acyclic Monocarboxylic Acids and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated (US$15.3M). The main origins of sales to Belgium were Ciudad de México (US$23.8M), Chihuahua (US$9.2M), and Tamaulipas (US$8.62M).
The main product bought by Mexico from Belgium in December 2022 was Sheets and Strip, of Aluminum, of Thickness Exceeding 0.2 Mm (US$5.75M). The main destinations of purchases made to Belgium were Ciudad de México (US$25.4M), Estado de México (US$14.9M), and Querétaro (US$12.6M).
Net Trade Balance
#permalink to sectionIn 2022, the states with the highest commercial exchange (international sales minus international purchases) with were Chihuahua (US$199M), Ciudad de México (US$178M), and Tamaulipas (US$129M).
Foreign Direct Investment
#permalink to sectionForeign Direct Investment Flow
#permalink to sectionIn the period January to September 2022, the FDI from Belgium to Mexico reached US$60.5M, distributed in inter-company debts (US$59.1M), reinvestment of earnings (US$5.58M), and inter-company debts (-US$4.09M).
From January 1999 to September 2022, Mexico has received a total of US$21.1B in FDI from Belgium, distributed in inter-company debts (US$13.6B), reinvestment of earnings (US$7.28B), and inter-company debts (US$167M).
Foreign Direct Investment by States
#permalink to sectionFrom January to September 2022, the states that received the highest FDI from Belgium were Estado de México (Confidential), Nuevo León (US$7.26M), and Guanajuato (Confidential).
Historically (from January 1999 to September 2022) the states that have received the most FDI from Belgium are Estado de México (US$2.93B), Ciudad de México (US$2.62B), and Zacatecas (US$1.91B).
Remittances
#permalink to sectionEvolution of the Amount of Remittances
#permalink to sectionThe chart compares the evolution of remittances sent from Mexico to Belgium and the remittances that Mexico receives from Belgium.
In the fourth quarter of 2022, Mexico received US$190k in remittances from Belgium, while Belgium received US$267k in remittances from Mexico.
Remittancesand Foreign Direct Investment
#permalink to sectionThe visualization compares the evolution of Foreign Direct Investment (FDI) and the income from remittances from Belgium.
During 2021, a total amount of remittances of US$633k is accumulated, while the FDI from Belgium to Mexico accumulated in the year is US$60.5M.
Migration
#permalink to sectionImmigration from Belgium
#permalink to sectionThe map shows the destination states of migrants from Belgium to Mexico in recent years. The bar chart shows the main causes of migration.
The states with the highest concentration of migrants from Belgium were Veracruz de Ignacio de la Llave (108 people), Aguascalientes (65 people), and Ciudad de México (58 people).
The main reasons of migration from Belgium to Mexico in recent years were educational (132 people) and family (109 people).
Diversity of immigrants
#permalink to sectionThe graph shows the population pyramid of the migrant population from Belgium to Mexico in recent years.
309 inmigrants from Belgium were registered, 53.4% women and 46.6% men.
The age ranges that concentrated the largest migrant population from Belgium were 25 to 29 years (91 people), 40 to 44 years (72 people), and 35 to 39 years (44 people). These concentrated 67% of the total migrant population.