Philippines

Country

Jan-Mar 2022: US$333k, Foreign Direct Investment

2022-Q1: US$7.38k, Remittances received from Philippines

About Philippines

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The main sale from Mexico to Philippines in 2021 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$8.2M). The main origins of sales to Philippines were Ciudad de México (US$27.6M), Baja California (US$8.65M), and Jalisco (US$8.39M).

The main product bought by Mexico from Philippines in 2021 was Electronic Integrated Circuits (US$742M). The main destinations of purchases made to Philippines were Chihuahua (US$1.68B), Jalisco (US$506M), and Baja California (US$251M).

In the period January to March 2022, the Foreign Direct Investment (FDI) from Philippines to Mexico is US$333k. In the same period, the states that received the highest FDI from Philippines were Chihuahua (Confidential), Chiapas (Confidential), and Nayarit (Confidential).

Regarding remittances, in the first quarter of 2022, Mexico received US$7.38k in remittances from Philippines, while Philippines received US$849k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 41 inmigrants from Philippines were registered in 2020, 100% women and 0% men. The states with the highest concentration of inmigrants from Philippines were Tamaulipas (34 people), Veracruz de Ignacio de la Llave (4 people), and Guerrero (3 people).

Commercial Exchange

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The icons show the percentage share of Philippines 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 Philippines were US$31.8M, while international purchases reached US$304M. The above results in a trade balance of -US$272M.

Annual International Trade

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The main sale from Mexico to Philippines in 2021 was Telephones, Including Mobile Phones and those of other Wireless Networks (US$8.2M). The main origins of sales to Philippines were Ciudad de México (US$27.6M), Baja California (US$8.65M), and Jalisco (US$8.39M).

The main product bought by Mexico from Philippines in 2021 was Electronic Integrated Circuits (US$742M). The main destinations of purchases made to Philippines were Chihuahua (US$1.68B), Jalisco (US$506M), and Baja California (US$251M).

Monthly International Trade

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The main sale from Mexico to Philippines in May 2022 was Copper Ores and Concentrates (US$23.4M). The main origins of sales to Philippines were Sonora (US$23.5M), Ciudad de México (US$2.45M), and Nuevo León (US$1.08M).

The main product bought by Mexico from Philippines in May 2022 was Electronic Integrated Circuits (US$66.7M). The main destinations of purchases made to Philippines were Chihuahua (US$135M), Jalisco (US$45.5M), and Nuevo León (US$24M).

Net Trade Balance

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In 2021, the states with the highest commercial exchange (international sales minus international purchases) with were Morelos (US$1.85M), Puebla (US$1.34M), and Yucatán (US$1.12M).

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 Philippines to Mexico reached US$333k, distributed in equity capital (US$333k).

From January 1999 to March 2022, Mexico has received a total of US$92.7M in FDI from Philippines, distributed in equity capital (US$154M) and inter-company debts (-US$61.2M).

Foreign Direct Investment by States

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From January to March 2022, the states that received the highest FDI from Philippines were Chihuahua (Confidential), Chiapas (Confidential), and Nayarit (Confidential).

Historically (from January 1999 to March 2022) the states that have received the most FDI from Philippines are Ciudad de México (US$69.1M), Colima (US$20.2M), and Chihuahua (US$1.21M).

Evolution of the Amount of Remittances

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

In the first quarter of 2022, Mexico received US$7.38k in remittances from Philippines, while Philippines received US$849k 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 Philippines.

During 2021, a total amount of remittances of US$7.38k is accumulated, while the FDI from Philippines to Mexico accumulated in the year is US$333k.

Immigration from Philippines

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

The states with the highest concentration of migrants from Philippines were Tamaulipas (34 people), Veracruz de Ignacio de la Llave (4 people), and Guerrero (3 people).

The main reasons of migration from Philippines to Mexico in recent years were personal (34 people) and family (7 people).

Diversity of immigrants

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

41 inmigrants from Philippines were registered, 100% women and 0% men.

The age ranges that concentrated the largest migrant population from Philippines were 35 to 39 years (34 people), 20 to 24 years (4 people), and 25 to 29 years (3 people). These concentrated 100% of the total migrant population.