The main sale from Mexico to Panama in 2021 was Oils of Petroleum or Bituminous Minerals (US$354M). The main origins of sales to Panama were Ciudad de México (US$622M), Nuevo León (US$223M), and Estado de México (US$149M).
The main product bought by Mexico from Panama in 2021 was Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified (US$18M). The main destinations of purchases made to Panama were Ciudad de México (US$14.8M), Jalisco (US$14.7M), and Guanajuato (US$5.19M).
In the period January to June 2022, the Foreign Direct Investment (FDI) from Panama to Mexico is US$19.7M. In the same period, the states that received the highest FDI from Panama were Ciudad de México (US$16.5M), Baja California Sur (Confidential), and Sinaloa (Confidential).
Regarding remittances, in the second quarter of 2022, Mexico received US$13M in remittances from Panama, while Panama received US$1.27M 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).