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).