Argentina

Country

Jan-Mar 2022: US$618M, Foreign Direct Investment

2022-Q1: US$5.51M, Remittances received from Argentina

About Argentina

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The main sale from Mexico to Argentina in 2021 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$130M). The main origins of sales to Argentina were Ciudad de México (US$316M), Nuevo León (US$178M), and Estado de México (US$103M).

The main product bought by Mexico from Argentina in 2021 was Other Blood Fractions and Immunological Products, whether or not Modified or Obtained by Biotechnological Processes (US$108M). The main destinations of purchases made to Argentina were Ciudad de México (US$461M), Jalisco (US$86.3M), and Estado de México (US$85M).

In the period January to March 2022, the Foreign Direct Investment (FDI) from Argentina to Mexico is US$618M. In the same period, the states that received the highest FDI from Argentina were Nuevo León (US$462M), Veracruz de Ignacio de la Llave (Confidential), and Ciudad de México (US$30.1M).

Regarding remittances, in the first quarter of 2022, Mexico received US$5.51M in remittances from Argentina, while Argentina received US$5.06M in remittances from Mexico.

Finally, in terms of immigration to Mexico, 9,016 inmigrants from Argentina were registered in 2020, 48.5% women and 51.5% men. The states with the highest concentration of inmigrants from Argentina were Ciudad de México (2,963 people), Chihuahua (1,713 people), and Quintana Roo (1,452 people).

Commercial Exchange

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The icons show the percentage share of Argentina 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 Argentina were US$80.7M, while international purchases reached US$107M. The above results in a trade balance of -US$26.3M.

Annual International Trade

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The main sale from Mexico to Argentina in 2021 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$130M). The main origins of sales to Argentina were Ciudad de México (US$316M), Nuevo León (US$178M), and Estado de México (US$103M).

The main product bought by Mexico from Argentina in 2021 was Other Blood Fractions and Immunological Products, whether or not Modified or Obtained by Biotechnological Processes (US$108M). The main destinations of purchases made to Argentina were Ciudad de México (US$461M), Jalisco (US$86.3M), and Estado de México (US$85M).

Monthly International Trade

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The main sale from Mexico to Argentina in May 2022 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$12.7M). The main origins of sales to Argentina were Ciudad de México (US$27.6M), Nuevo León (US$12.2M), and Estado de México (US$7.94M).

The main product bought by Mexico from Argentina in May 2022 was Motor Vehicles for the Transport of Goods (US$13.7M). The main destinations of purchases made to Argentina were Ciudad de México (US$32.1M), Estado de México (US$11.7M), and Jalisco (US$6.02M).

Net Trade Balance

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In 2021, the states with the highest commercial exchange (international sales minus international purchases) with were Nuevo León (US$101M), Coahuila de Zaragoza (US$46.6M), and Michoacán de Ocampo (US$18.6M).

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 Argentina to Mexico reached US$618M, distributed in reinvestment of earnings (US$680M), equity capital (US$2.11M), and inter-company debts (-US$63.9M).

From January 1999 to March 2022, Mexico has received a total of US$9.51B in FDI from Argentina, distributed in reinvestment of earnings (US$4.92B), equity capital (US$4.73B), and inter-company debts (-US$136M).

Foreign Direct Investment by States

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From January to March 2022, the states that received the highest FDI from Argentina were Nuevo León (US$462M), Veracruz de Ignacio de la Llave (Confidential), and Ciudad de México (US$30.1M).

Historically (from January 1999 to March 2022) the states that have received the most FDI from Argentina are Nuevo León (US$6.81B), Veracruz de Ignacio de la Llave (US$832M), and Ciudad de México (US$650M).

Evolution of the Amount of Remittances

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

In the first quarter of 2022, Mexico received US$5.51M in remittances from Argentina, while Argentina received US$5.06M 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 Argentina.

During 2021, a total amount of remittances of US$5.51M is accumulated, while the FDI from Argentina to Mexico accumulated in the year is US$618M.

Immigration from Argentina

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

The states with the highest concentration of migrants from Argentina were Ciudad de México (2,963 people), Chihuahua (1,713 people), and Quintana Roo (1,452 people).

The main reasons of migration from Argentina to Mexico in recent years were family (2,936 people) and economical (2,219 people).

Diversity of immigrants

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

9,016 inmigrants from Argentina were registered, 48.5% women and 51.5% men.

The age ranges that concentrated the largest migrant population from Argentina were 30 to 34 years (1,913 people), 25 to 29 years (1,394 people), and 35 to 39 years (1,230 people). These concentrated 50.3% of the total migrant population.