Mexico Trade Partners: A Comprehensive Guide to Mexico Import Export Data & Trade Statistics
- eximpedia13
- Feb 3
- 3 min read
Mexico is one of the world’s most dynamic trade hubs, boasting a diverse range of import and export partners. With its strategic location, extensive trade agreements, and thriving manufacturing sector, Mexico has positioned itself as a global trade powerhouse. This blog explores Mexico’s top trade partners, key import-export data, and major commodities that drive its economy.
Understanding Mexico’s Trade Landscape
Mexico’s trade market is highly integrated with the global economy, with exports primarily consisting of manufactured goods such as automobiles, electronics, and machinery. The country also imports essential raw materials and industrial goods to fuel its production sectors. As a result, Mexico plays a crucial role in global trade, serving as a key link between North America, Latin America, and Asia.
Mexico Trade Statistics 2024-25
According to the latest Mexico import-export data:
Total Exports (2024): $617.1 billion (4.1% increase YoY)
Total Imports (2024): $625.3 billion (4.5% increase YoY)
Monthly Import Average: $53.6 billion
Top Exported Goods: Vehicles, electrical machinery, computers, mineral fuels
Top Imported Goods: Electrical machinery, mineral fuels, vehicles, plastics
Mexico’s trade remains strong, with a modest trade deficit of $133 million in November 2024. The country continues to benefit from robust global demand for manufactured goods while relying on imports for industrial and consumer needs.
Top Mexico Trade Partners
Leading Trade Partners of Mexico in 2023
Rank | Country | Trade Value (USD) | % of Total Trade |
1 | United States | $728.2 billion | 61.2% |
2 | China | $123.2 billion | 10.4% |
3 | Canada | $30.7 billion | 2.6% |
4 | Germany | $29.6 billion | 2.5% |
5 | Japan | $22.1 billion | 1.9% |
6 | South Korea | $21.6 billion | 1.8% |
7 | Brazil | $17.7 billion | 1.5% |
8 | Taiwan | $12.9 billion | 1.1% |
9 | India | $11.6 billion | 1.0% |
10 | Malaysia | $11.1 billion | 0.9% |
Key Insights on Mexico’s Biggest Trading Partners
United States: Mexico’s largest trade partner, accounting for over 75% of its exports. The US-Mexico trade relationship is driven by the automotive, electronics, and agricultural industries.
China: A leading source of industrial equipment, electronics, and consumer goods for Mexico. Despite a lower volume of exports to China, it remains a critical import partner.
Canada: A vital trade partner under the USMCA agreement, Canada imports Mexican machinery, energy products, and vehicles while exporting raw materials and manufactured goods.
Germany & Japan: These countries are key investors in Mexico’s automotive and manufacturing industries, supplying vehicle parts, technology, and machinery.
Mexico Export Data: Top Export Destinations
Rank | Country | Export Value (USD) |
1 | United States | $472.22 billion |
2 | Canada | $17.72 billion |
3 | China | $9.15 billion |
4 | Germany | $8.75 billion |
5 | Taiwan | $5.14 billion |
Top Mexico Export Commodities
Rank | Commodity | Export Value (USD) | % of Total Exports |
1 | Vehicles | $156.5 billion | 26.4% |
2 | Electrical Machinery | $103.4 billion | 17.4% |
3 | Computers & Machinery | $93.5 billion | 15.8% |
4 | Mineral Fuels | $32.6 billion | 5.5% |
5 | Optical & Medical Equipment | $27.3 billion | 4.6% |
Mexico Import Data: Top Import Sources
Rank | Country | Import Value (USD) |
1 | United States | $255.94 billion |
2 | China | $114.49 billion |
3 | Germany | $21.23 billion |
4 | Japan | $20.62 billion |
5 | South Korea | $19.49 billion |
Top Mexico Import Commodities
Rank | Commodity | Import Value (USD) | % of Total Imports |
1 | Electrical Machinery | $117.3 billion | 19.4% |
2 | Machinery & Computers | $94.2 billion | 15.6% |
3 | Mineral Fuels | $62.9 billion | 10.4% |
4 | Vehicles | $48.3 billion | 8.0% |
5 | Plastics | $32.7 billion | 5.4% |
Finding Mexico Buyers & Trade Insights
To succeed in Mexico’s trade market, exporters and importers need reliable data and insights. Platforms like Eximpedia.app provide real-time Mexico import-export data, allowing businesses to:
Identify key buyers and suppliers
Analyze trade trends and demand fluctuations
Access Mexico importers lists with shipment values
Explore detailed commodity-wise HS code data
Final Thoughts
Mexico’s trade potential is vast, offering lucrative opportunities for exporters, importers, and global businesses. By leveraging accurate Mexico trade statistics, businesses can make informed decisions, tap into high-demand markets, and establish successful trade partnerships.
Whether you’re a startup, small business, or large-scale enterprise, understanding Mexico's international trade landscape will help you stay competitive. To explore detailed Mexico import-export data and access key trade insights, connect with Eximpedia.app today!
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