Spain

Country

Jan-Mar 2022: US$2.09B, Foreign Direct Investment

2022-Q1: US$16.4M, Remittances received from Spain

The main sale from Mexico to Spain in 2021 was Piston Engines, Rotary Engines or Reciprocating Engines (US$106M). The main origins of sales to Spain were Ciudad de México (US$381M), Nuevo León (US$234M), and Querétaro (US$108M).

The main product bought by Mexico from Spain in 2021 was Parts and Accessories of Motor Vehicles (US$231M). The main destinations of purchases made to Spain were Ciudad de México (US$1.63B), Estado de México (US$481M), and Nuevo León (US$414M).

In the period January to March 2022, the Foreign Direct Investment (FDI) from Spain to Mexico is US$2.09B. In the same period, the states that received the highest FDI from Spain were Ciudad de México (US$557M), Estado de México (US$182M), and Nuevo León (US$168M).

Regarding remittances, in the first quarter of 2022, Mexico received US$16.4M in remittances from Spain, while Spain received US$3.74M in remittances from Mexico.

Finally, in terms of immigration to Mexico, 8,847 inmigrants from Spain were registered in 2020, 47.7% women and 52.3% men. The states with the highest concentration of inmigrants from Spain were Ciudad de México (2,903 people), Estado de México (828 people), and Jalisco (622 people).

Commercial Exchange

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The icons show the percentage share of Spain 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 Spain were US$157M, while international purchases reached US$585M. The above results in a trade balance of -US$429M.

Annual International Trade

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The main sale from Mexico to Spain in 2021 was Piston Engines, Rotary Engines or Reciprocating Engines (US$106M). The main origins of sales to Spain were Ciudad de México (US$381M), Nuevo León (US$234M), and Querétaro (US$108M).

The main product bought by Mexico from Spain in 2021 was Parts and Accessories of Motor Vehicles (US$231M). The main destinations of purchases made to Spain were Ciudad de México (US$1.63B), Estado de México (US$481M), and Nuevo León (US$414M).

Monthly International Trade

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The main sale from Mexico to Spain in May 2022 was Piston Engines, Rotary Engines or Reciprocating Engines (US$19.3M). The main origins of sales to Spain were Ciudad de México (US$40.8M), Nuevo León (US$21.4M), and Morelos (US$10.8M).

The main product bought by Mexico from Spain in May 2022 was Oils of Petroleum or Bituminous Minerals (US$50.1M). The main destinations of purchases made to Spain were Ciudad de México (US$217M), Jalisco (US$46.4M), and Estado de México (US$45.1M).

Net Trade Balance

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In 2021, the states with the highest commercial exchange (international sales minus international purchases) with were Zacatecas (US$33.3M), Tamaulipas (US$25.4M), and Morelos (US$20.6M).

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 Spain to Mexico reached US$2.09B, distributed in reinvestment of earnings (US$2B), inter-company debts (US$85.8M), and equity capital (US$6.5M).

From January 1999 to March 2022, Mexico has received a total of US$79.9B in FDI from Spain, distributed in equity capital (US$36.4B), reinvestment of earnings (US$34.9B), and inter-company debts (US$8.65B).

Foreign Direct Investment by States

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From January to March 2022, the states that received the highest FDI from Spain were Ciudad de México (US$557M), Estado de México (US$182M), and Nuevo León (US$168M).

Historically (from January 1999 to March 2022) the states that have received the most FDI from Spain are Ciudad de México (US$24.1B), Estado de México (US$8.85B), and Nuevo León (US$4.38B).

Evolution of the Amount of Remittances

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

In the first quarter of 2022, Mexico received US$16.4M in remittances from Spain, while Spain received US$3.74M 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 Spain.

During 2021, a total amount of remittances of US$16.4M is accumulated, while the FDI from Spain to Mexico accumulated in the year is US$2.09B.

Immigration from Spain

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

The states with the highest concentration of migrants from Spain were Ciudad de México (2,903 people), Estado de México (828 people), and Jalisco (622 people).

The main reasons of migration from Spain to Mexico in recent years were family (2,267 people) and economical (1,840 people).

Diversity of immigrants

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

8,847 inmigrants from Spain were registered, 47.7% women and 52.3% men.

The age ranges that concentrated the largest migrant population from Spain were 30 to 34 years (1,569 people), 40 to 44 years (1,464 people), and 35 to 39 years (1,329 people). These concentrated 49.3% of the total migrant population.