Uruguay

Country

Jan-Mar 2022: US$45.3M, Foreign Direct Investment

2022-Q1: US$3.16M, Remittances received from Uruguay

The main sale from Mexico to Uruguay in 2021 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$41.2M). The main origins of sales to Uruguay were Ciudad de México (US$78.6M), Nuevo León (US$69.2M), and Estado de México (US$22.9M).

The main product bought by Mexico from Uruguay in 2021 was Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages (US$109M). The main destinations of purchases made to Uruguay were Ciudad de México (US$185M), Jalisco (US$29.9M), and Guanajuato (US$22.9M).

In the period January to March 2022, the Foreign Direct Investment (FDI) from Uruguay to Mexico is US$45.3M. In the same period, the states that received the highest FDI from Uruguay were Ciudad de México (Confidential), Querétaro (Confidential), and Jalisco (Confidential).

Regarding remittances, in the first quarter of 2022, Mexico received US$3.16M in remittances from Uruguay, while Uruguay received US$612k in remittances from Mexico.

Finally, in terms of immigration to Mexico, 627 inmigrants from Uruguay were registered in 2020, 33.8% women and 66.2% men. The states with the highest concentration of inmigrants from Uruguay were Estado de México (152 people), Querétaro (133 people), and Guanajuato (75 people).

Commercial Exchange

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The icons show the percentage share of Uruguay 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 Uruguay were US$21.1M, while international purchases reached US$33.5M. The above results in a trade balance of -US$12.4M.

Annual International Trade

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The main sale from Mexico to Uruguay in 2021 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$41.2M). The main origins of sales to Uruguay were Ciudad de México (US$78.6M), Nuevo León (US$69.2M), and Estado de México (US$22.9M).

The main product bought by Mexico from Uruguay in 2021 was Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages (US$109M). The main destinations of purchases made to Uruguay were Ciudad de México (US$185M), Jalisco (US$29.9M), and Guanajuato (US$22.9M).

Monthly International Trade

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The main sale from Mexico to Uruguay in May 2022 was Motor Cars and other Vehicles Principally Designed Cars for Transport of Persons (US$5.73M). The main origins of sales to Uruguay were Ciudad de México (US$8.17M), Nuevo León (US$3.93M), and Puebla (US$2.25M).

The main product bought by Mexico from Uruguay in May 2022 was Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages (US$9.45M). The main destinations of purchases made to Uruguay were Ciudad de México (US$19.6M), Jalisco (US$5.05M), and Chihuahua (US$2.93M).

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$60.7M), Estado de México (US$10.7M), and Baja California (US$8.74M).

Foreign Direct Investment

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Foreign Direct Investment Flow

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From January 1999 to March 2022, Mexico has received a total of US$496M in FDI from Uruguay, distributed in reinvestment of earnings (US$257M), equity capital (US$187M), and inter-company debts (US$51.5M).

Foreign Direct Investment by States

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From January to March 2022, the states that received the highest FDI from Uruguay were Ciudad de México (Confidential), Querétaro (Confidential), and Jalisco (Confidential).

Historically (from January 1999 to March 2022) the states that have received the most FDI from Uruguay are Ciudad de México (US$360M), Querétaro (US$81.7M), and Nuevo León (US$23.5M).

Evolution of the Amount of Remittances

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

In the first quarter of 2022, Mexico received US$3.16M in remittances from Uruguay, while Uruguay received US$612k 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 Uruguay.

During 2021, a total amount of remittances of US$3.16M is accumulated, while the FDI from Uruguay to Mexico accumulated in the year is US$45.3M.

Immigration from Uruguay

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

The states with the highest concentration of migrants from Uruguay were Estado de México (152 people), Querétaro (133 people), and Guanajuato (75 people).

The main reasons of migration from Uruguay to Mexico in recent years were economical (225 people) and personal (140 people).

Diversity of immigrants

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

627 inmigrants from Uruguay were registered, 33.8% women and 66.2% men.

The age ranges that concentrated the largest migrant population from Uruguay were 25 to 29 years (256 people), 40 to 44 years (70 people), and 45 to 49 years (68 people). These concentrated 62.8% of the total migrant population.