The sending of remnants of the United States rebounds in March after the Trump effect
Las remittance The United States sent to Mexico see the light again. After four months of Negative registers, Shipments of money from abroad recovered dynamism in March, reaching $ 5,150 million, an annual increase of 2.7%, according to the data published this Friday by the Bank of Mexico (Banxic). The arrival Donald Trump in the White House and its aggressive anti -immigration and economic protection policies affected by the normal flow. In any case, the recovery is very mild.
The Central Bank stresses that in March 13.4 million transactions were made, with an average shipment of 383 dollars, an increase of 2.4% of the number of shipments and 0.3% of the amount of the average remittance.
The accumulated value of the income of remittances in the first three months of 2025 was 14,269 million dollars, which slightly exceeds $ 14,083 million reported last year. Gabriela Siller, director of the economic analysis of the Grupo base, underlines that it is a very low growth compared to other years, based on The contraction of the American economy For the first time in the last three years under Donald Trump’s mandate.
98.8% of total revenues from the remittances were carried out through electronic transfers, recording a level of $ 14,109 million from January to March. For their part, the remittances made in cash and species represented 0.9 and 0.3% of the total amount.
Reception of remittances is essential for the Mexican economy and other countries in the region. According to the figures of World BankMexico was the second country to receive more money from abroad in 2023, only below India. The total amount of the remittances led to a 3.2% impact of the country’s gross domestic product (GDP), with a total of 64,745 million dollars at the end of December.
