The main sale from Mexico to Panama in 2022 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$107M). The main origins of sales to Panama were Ciudad de México (US$289M), Nuevo León (US$192M), and Jalisco (US$189M).
The main product bought by Mexico from Panama in 2022 was Oils of Petroleum or Bituminous Minerals (US$38.5M). The main destinations of purchases made to Panama were Ciudad de México (US$64M), Jalisco (US$18.8M), and Guanajuato (US$2.55M).
In the period January to September 2022, the Foreign Direct Investment (FDI) from Panama to Mexico is US$40.2M. In the same period, the states that received the highest FDI from Panama were San Luis Potosí (Confidential), Ciudad de México (US$9.01M), and Baja California Sur (Confidential).
Regarding remittances, in the fourth quarter of 2022, Mexico received US$7.43M in remittances from Panama, while Panama received US$1.15M in remittances from Mexico.
Finally, in terms of immigration to Mexico, 1,795 inmigrants from Panama were registered in 2020, 44.8% women and 55.2% men. The states with the highest concentration of inmigrants from Panama were Yucatán (722 people), Nuevo León (260 people), and Estado de México (211 people).