ProceduresGovernment

Brazil

Country

Jan-Jun 2022: US$222M, Foreign Direct Investment

2022-Q2: US$13.2M, Remittances received from Brazil

The main sale from Mexico to Brazil in 2021 was Parts and Accessories of Motor Vehicles (US$565M). The main origins of sales to Brazil were Ciudad de México (US$1.08B), Nuevo León (US$522M), and Jalisco (US$318M).

The main product bought by Mexico from Brazil in 2021 was Intermediate Products of Iron or Non-Alloy Steel (US$2.24B). The main destinations of purchases made to Brazil were Nuevo León (US$3.07B), Ciudad de México (US$1.88B), and Estado de México (US$495M).

In the period January to June 2022, the Foreign Direct Investment (FDI) from Brazil to Mexico is US$222M. In the same period, the states that received the highest FDI from Brazil were Hidalgo (Confidential), Veracruz de Ignacio de la Llave (US$38.6M), and Ciudad de México (US$37.7M).

Regarding remittances, in the second quarter of 2022, Mexico received US$13.2M in remittances from Brazil, while Brazil received US$1.74M in remittances from Mexico.

Finally, in terms of immigration to Mexico, 6,803 inmigrants from Brazil were registered in 2020, 45.7% women and 54.3% men. The states with the highest concentration of inmigrants from Brazil were Ciudad de México (1,498 people), Querétaro (702 people), and Baja California (690 people).

Commercial Exchange

#permalink to section

The icons show the percentage share of Brazil 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

#permalink to section

In June 2022, the international sales from Mexico to Brazil were US$384M, while international purchases reached US$1.27B. The above results in a trade balance of -US$882M.

Annual International Trade

#permalink to section

The main sale from Mexico to Brazil in 2021 was Parts and Accessories of Motor Vehicles (US$565M). The main origins of sales to Brazil were Ciudad de México (US$1.08B), Nuevo León (US$522M), and Jalisco (US$318M).

The main product bought by Mexico from Brazil in 2021 was Intermediate Products of Iron or Non-Alloy Steel (US$2.24B). The main destinations of purchases made to Brazil were Nuevo León (US$3.07B), Ciudad de México (US$1.88B), and Estado de México (US$495M).

Monthly International Trade

#permalink to section

The main sale from Mexico to Brazil in June 2022 was Parts and Accessories of Motor Vehicles (US$57.3M). The main origins of sales to Brazil were Ciudad de México (US$115M), Nuevo León (US$57.1M), and Estado de México (US$27.4M).

The main product bought by Mexico from Brazil in June 2022 was Intermediate Products of Iron or Non-Alloy Steel (US$390M). The main destinations of purchases made to Brazil were Nuevo León (US$517M), Ciudad de México (US$298M), and Estado de México (US$59.2M).

Net Trade Balance

#permalink to section

In 2021, the states with the highest commercial exchange (international sales minus international purchases) with were Aguascalientes (US$98.1M), Tlaxcala (US$20.8M), and San Luis Potosí (US$20.8M).

Foreign Direct Investment

#permalink to section

Foreign Direct Investment Flow

#permalink to section

In the period January to June 2022, the FDI from Brazil to Mexico reached US$222M, distributed in reinvestment of earnings (US$133M), inter-company debts (US$55.6M), and equity capital (US$33.7M).

From January 1999 to June 2022, Mexico has received a total of US$6B in FDI from Brazil, distributed in equity capital (US$3.12B), inter-company debts (US$1.54B), and reinvestment of earnings (US$1.34B).

Foreign Direct Investment by States

#permalink to section

From January to June 2022, the states that received the highest FDI from Brazil were Hidalgo (Confidential), Veracruz de Ignacio de la Llave (US$38.6M), and Ciudad de México (US$37.7M).

Historically (from January 1999 to June 2022) the states that have received the most FDI from Brazil are Veracruz de Ignacio de la Llave (US$2.95B), Querétaro (US$663M), and Ciudad de México (US$650M).

Evolution of the Amount of Remittances

#permalink to section

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

In the second quarter of 2022, Mexico received US$13.2M in remittances from Brazil, while Brazil received US$1.74M in remittances from Mexico.

Remittancesand Foreign Direct Investment

#permalink to section

The visualization compares the evolution of Foreign Direct Investment (FDI) and the income from remittances from Brazil.

During 2021, a total amount of remittances of US$26.8M is accumulated, while the FDI from Brazil to Mexico accumulated in the year is US$222M.

Immigration from Brazil

#permalink to section

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

The states with the highest concentration of migrants from Brazil were Ciudad de México (1,498 people), Querétaro (702 people), and Baja California (690 people).

The main reasons of migration from Brazil to Mexico in recent years were economical (1,961 people) and labor (1,729 people).

Diversity of immigrants

#permalink to section

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

6,803 inmigrants from Brazil were registered, 45.7% women and 54.3% men.

The age ranges that concentrated the largest migrant population from Brazil were 35 to 39 years (1,401 people), 30 to 34 years (1,275 people), and 40 to 44 years (898 people). These concentrated 52.5% of the total migrant population.