Russia

Country

Jan-Mar 2022: US$785k, Foreign Direct Investment

2022-Q1: US$116k, Remittances received from Russia

The main sale from Mexico to Russia in 2021 was Parts and Accessories of Motor Vehicles (US$71.2M). The main origins of sales to Russia were Ciudad de México (US$68.8M), Jalisco (US$51.5M), and Nuevo León (US$24.7M).

The main product bought by Mexico from Russia in 2021 was Intermediate Products of Iron or Non-Alloy Steel (US$868M). The main destinations of purchases made to Russia were Nuevo León (US$1.18B), Jalisco (US$261M), and Chihuahua (US$126M).

In the period January to March 2022, the Foreign Direct Investment (FDI) from Russia to Mexico is US$785k. In the same period, the states that received the highest FDI from Russia were Jalisco (Confidential) and Quintana Roo (Confidential).

Regarding remittances, in the first quarter of 2022, Mexico received US$116k in remittances from Russia, while Russia received US$311k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 1,280 inmigrants from Russia were registered in 2020, 44.2% women and 55.8% men. The states with the highest concentration of inmigrants from Russia were Quintana Roo (918 people), Estado de México (153 people), and Sonora (71 people).

Commercial Exchange

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The icons show the percentage share of Russia 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 Russia were US$1.24M, while international purchases reached US$185M. The above results in a trade balance of -US$183M.

Annual International Trade

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The main sale from Mexico to Russia in 2021 was Parts and Accessories of Motor Vehicles (US$71.2M). The main origins of sales to Russia were Ciudad de México (US$68.8M), Jalisco (US$51.5M), and Nuevo León (US$24.7M).

The main product bought by Mexico from Russia in 2021 was Intermediate Products of Iron or Non-Alloy Steel (US$868M). The main destinations of purchases made to Russia were Nuevo León (US$1.18B), Jalisco (US$261M), and Chihuahua (US$126M).

Monthly International Trade

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The main sale from Mexico to Russia in May 2022 was Coffee, whether Roasted or Decaffeinated; Coffee Husks and Skins; Coffee Substitutes Containing Coffee in any Proportion (US$414k). The main origins of sales to Russia were Veracruz de Ignacio de la Llave (US$527k), Ciudad de México (US$507k), and Estado de México (US$11.6k).

The main product bought by Mexico from Russia in May 2022 was Mineral or Chemical Nitrogenados (US$52.9M). The main destinations of purchases made to Russia were Nuevo León (US$58.6M), Querétaro (US$26.8M), and Veracruz de Ignacio de la Llave (US$23.6M).

Net Trade Balance

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In 2021, the states with the highest commercial exchange (international sales minus international purchases) with were Aguascalientes (US$170M), San Luis Potosí (US$95.8M), and Morelos (US$1.63M).

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 Russia to Mexico reached US$785k, distributed in equity capital (US$785k).

From January 1999 to March 2022, Mexico has received a total of US$134M in FDI from Russia, distributed in equity capital (US$93.4M) and inter-company debts (US$40.3M).

Foreign Direct Investment by States

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From January to March 2022, the states that received the highest FDI from Russia were Jalisco (Confidential) and Quintana Roo (Confidential).

Historically (from January 1999 to March 2022) the states that have received the most FDI from Russia are Veracruz de Ignacio de la Llave (US$92.3M), Tabasco (US$10.5M), and Campeche (US$10.1M).

Evolution of the Amount of Remittances

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

In the first quarter of 2022, Mexico received US$116k in remittances from Russia, while Russia received US$311k 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 Russia.

During 2021, a total amount of remittances of US$116k is accumulated, while the FDI from Russia to Mexico accumulated in the year is US$785k.

Immigration from Russia

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

The states with the highest concentration of migrants from Russia were Quintana Roo (918 people), Estado de México (153 people), and Sonora (71 people).

The main reasons of migration from Russia to Mexico in recent years were economical (439 people) and educational (364 people).

Diversity of immigrants

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

1,280 inmigrants from Russia were registered, 44.2% women and 55.8% men.

The age ranges that concentrated the largest migrant population from Russia were 20 to 24 years (247 people), 15 to 19 years (233 people), and 50 to 54 years (215 people). These concentrated 54.3% of the total migrant population.