Switzerland

Country

Jan-Mar 2022: US$171M, Foreign Direct Investment

2022-Q1: US$4.49M, Remittances received from Switzerland

About Switzerland

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The main sale from Mexico to Switzerland in 2021 was Gold Unwrought or in Semi-Manufactured Forms, or in Powder Form (US$759M). The main origins of sales to Switzerland were Sonora (US$391M), Ciudad de México (US$365M), and Coahuila de Zaragoza (US$151M).

The main product bought by Mexico from Switzerland in 2021 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$173M). The main destinations of purchases made to Switzerland were Ciudad de México (US$698M), Estado de México (US$170M), and Nuevo León (US$133M).

In the period January to March 2022, the Foreign Direct Investment (FDI) from Switzerland to Mexico is US$171M. In the same period, the states that received the highest FDI from Switzerland were Ciudad de México (US$135M), Tlaxcala (Confidential), and Morelos (Confidential).

Regarding remittances, in the first quarter of 2022, Mexico received US$4.49M in remittances from Switzerland, while Switzerland received US$183k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 892 inmigrants from Switzerland were registered in 2020, 64.2% women and 35.8% men. The states with the highest concentration of inmigrants from Switzerland were Ciudad de México (352 people), Jalisco (118 people), and Morelos (107 people).

Commercial Exchange

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The icons show the percentage share of Switzerland 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 Switzerland were US$112M, while international purchases reached US$161M. The above results in a trade balance of -US$49.6M.

Annual International Trade

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The main sale from Mexico to Switzerland in 2021 was Gold Unwrought or in Semi-Manufactured Forms, or in Powder Form (US$759M). The main origins of sales to Switzerland were Sonora (US$391M), Ciudad de México (US$365M), and Coahuila de Zaragoza (US$151M).

The main product bought by Mexico from Switzerland in 2021 was Medicaments Consisting of Mixed or Unmixed Products, Preparations for Therapeutic or Prophylactic Uses (US$173M). The main destinations of purchases made to Switzerland were Ciudad de México (US$698M), Estado de México (US$170M), and Nuevo León (US$133M).

Monthly International Trade

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The main sale from Mexico to Switzerland in May 2022 was Gold Unwrought or in Semi-Manufactured Forms, or in Powder Form (US$35.5M). The main origins of sales to Switzerland were Ciudad de México (US$34.9M), Sonora (US$27.4M), and Chihuahua (US$10.2M).

The main product bought by Mexico from Switzerland in May 2022 was Wristwatches, Pocket Watches and other (Including Stopwatches Rate Themselves), other than those of Heading 91.01 (US$15M). The main destinations of purchases made to Switzerland were Ciudad de México (US$74.2M), Chihuahua (US$13.2M), and Estado de México (US$12.5M).

Net Trade Balance

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In 2021, the states with the highest commercial exchange (international sales minus international purchases) with were Sonora (US$332M), Coahuila de Zaragoza (US$177M), and Durango (US$136M).

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 Switzerland to Mexico reached US$171M, distributed in inter-company debts (US$116M), reinvestment of earnings (US$49.9M), and equity capital (US$4.29M).

From January 1999 to March 2022, Mexico has received a total of US$8.67B in FDI from Switzerland, distributed in reinvestment of earnings (US$3.77B), equity capital (US$3.68B), and inter-company debts (US$1.21B).

Foreign Direct Investment by States

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From January to March 2022, the states that received the highest FDI from Switzerland were Ciudad de México (US$135M), Tlaxcala (Confidential), and Morelos (Confidential).

Historically (from January 1999 to March 2022) the states that have received the most FDI from Switzerland are Ciudad de México (US$2.53B), Estado de México (US$1.28B), and Jalisco (US$1.06B).

Evolution of the Amount of Remittances

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

In the first quarter of 2022, Mexico received US$4.49M in remittances from Switzerland, while Switzerland received US$183k 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 Switzerland.

During 2021, a total amount of remittances of US$4.49M is accumulated, while the FDI from Switzerland to Mexico accumulated in the year is US$171M.

Immigration from Switzerland

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

The states with the highest concentration of migrants from Switzerland were Ciudad de México (352 people), Jalisco (118 people), and Morelos (107 people).

The main reasons of migration from Switzerland to Mexico in recent years were educational (383 people) and family (151 people).

Diversity of immigrants

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

892 inmigrants from Switzerland were registered, 64.2% women and 35.8% men.

The age ranges that concentrated the largest migrant population from Switzerland were 30 to 34 years (298 people), 35 to 39 years (155 people), and 25 to 29 years (141 people). These concentrated 66.6% of the total migrant population.