Costa Rica

Country

Jan-Mar 2022: US$4.16M, Foreign Direct Investment

2022-Q1: US$3.91M, Remittances received from Costa Rica

About Costa Rica

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The main sale from Mexico to Costa Rica in 2021 was Refrigerators, Freezers and other Refrigerating or Freezing Equipment (US$35.6M). The main origins of sales to Costa Rica were Ciudad de México (US$360M), Estado de México (US$148M), and Nuevo León (US$114M).

The main product bought by Mexico from Costa Rica in 2021 was Electronic Integrated Circuits (US$323M). The main destinations of purchases made to Costa Rica were Chihuahua (US$351M), Ciudad de México (US$193M), and Jalisco (US$74.6M).

In the period January to March 2022, the Foreign Direct Investment (FDI) from Costa Rica to Mexico is US$4.16M. In the same period, the states that received the highest FDI from Costa Rica were Ciudad de México (Confidential), Yucatán (Confidential), and Nuevo León (Confidential).

Regarding remittances, in the first quarter of 2022, Mexico received US$3.91M in remittances from Costa Rica, while Costa Rica received US$884k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 2,298 inmigrants from Costa Rica were registered in 2020, 51% women and 49% men. The states with the highest concentration of inmigrants from Costa Rica were Ciudad de México (676 people), Estado de México (508 people), and Sinaloa (266 people).

Commercial Exchange

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The icons show the percentage share of Costa Rica 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 Costa Rica were US$102M, while international purchases reached US$98.4M. The above results in a trade balance of US$3.53M.

Annual International Trade

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The main sale from Mexico to Costa Rica in 2021 was Refrigerators, Freezers and other Refrigerating or Freezing Equipment (US$35.6M). The main origins of sales to Costa Rica were Ciudad de México (US$360M), Estado de México (US$148M), and Nuevo León (US$114M).

The main product bought by Mexico from Costa Rica in 2021 was Electronic Integrated Circuits (US$323M). The main destinations of purchases made to Costa Rica were Chihuahua (US$351M), Ciudad de México (US$193M), and Jalisco (US$74.6M).

Monthly International Trade

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The main sale from Mexico to Costa Rica in May 2022 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$4.14M). The main origins of sales to Costa Rica were Ciudad de México (US$34.3M), Estado de México (US$13.6M), and Nuevo León (US$12.7M).

The main product bought by Mexico from Costa Rica in May 2022 was Electronic Integrated Circuits (US$47.7M). The main destinations of purchases made to Costa Rica were Chihuahua (US$49.3M), Ciudad de México (US$14.6M), and Jalisco (US$11.4M).

Net Trade Balance

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In 2021, the states with the highest commercial exchange (international sales minus international purchases) with were Ciudad de México (US$167M), Estado de México (US$131M), and Nuevo León (US$80.5M).

Foreign Direct Investment

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Foreign Direct Investment Flow

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From January 1999 to March 2022, Mexico has received a total of US$126M in FDI from Costa Rica, distributed in equity capital (US$98.3M), inter-company debts (US$23.3M), and reinvestment of earnings (US$4.22M).

Foreign Direct Investment by States

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From January to March 2022, the states that received the highest FDI from Costa Rica were Ciudad de México (Confidential), Yucatán (Confidential), and Nuevo León (Confidential).

Historically (from January 1999 to March 2022) the states that have received the most FDI from Costa Rica are Querétaro (US$38.5M), Ciudad de México (US$19M), and Chiapas (US$18.4M).

Evolution of the Amount of Remittances

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

In the first quarter of 2022, Mexico received US$3.91M in remittances from Costa Rica, while Costa Rica received US$884k 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 Costa Rica.

During 2021, a total amount of remittances of US$3.91M is accumulated, while the FDI from Costa Rica to Mexico accumulated in the year is US$4.16M.

Immigration from Costa Rica

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

The states with the highest concentration of migrants from Costa Rica were Ciudad de México (676 people), Estado de México (508 people), and Sinaloa (266 people).

The main reasons of migration from Costa Rica to Mexico in recent years were family (835 people) and labor (446 people).

Diversity of immigrants

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

2,298 inmigrants from Costa Rica were registered, 51% women and 49% men.

The age ranges that concentrated the largest migrant population from Costa Rica were 25 to 29 years (370 people), 45 to 49 years (265 people), and 40 to 44 years (265 people). These concentrated 39.2% of the total migrant population.