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Mexico’s major Import-Export trade analysis

(Authorized Mexico Custom data – import products, tariffs, GDP, and related development indicators are all included)

Mexico is a country located in the southern portion of North America. Mexico border touches the United States border on its north side or touches the pacific ocean on its south & west side. 

A federal republic with 31 states and Mexico City is how Mexico is set up. Mexico ranks as the 10th most populous nation in the world, with the total of inhabitants living in Mexico being 126,014,024. 

In this article, we’ll give you information about Mexico’s major import trading partners and trade statistics that will help you to understand Mexico’s import-export-trading market.

Mexico is a nation in development, and Mexico has a Freedom score of 63.7 percent. In terms of economy, Mexico is ranked 67th in the 2022 economic index, As per our statistics for that year. Among the 32 nations in the American region, Mexico comes in at number fourteen.

In Mexico’s import data, in terms of Importing, Mexico has generated a total value of $551 billion dollars in 2020. 

Based on Mexico’s Export data, in terms of exporting, Mexico has exported a total value of $505 billion dollars in 2020

Mexico’s custom data shows that “Electronics” is the major imported item of Mexico, with a total import percentage of 20.28%. “Electrical Machinery and Equipment” is the major exported item of Mexico with a total export percentage of 8.97%. 

According to Mexico trade data, Mexico’s major Import-export trading partner is The United States, with a total import value of $206.1 billion US dollars and with a total export value of $343 billion US Dollars.

What are the significant imports in Mexico?

Mexico is a very diverse country, and it imports a wide range of products to satisfy the demands of its market. However, for now, we’ll just focus on Mexico’s top imports, which are as follows.

S no 

Product Name

Total Percentage

1.

Electronics 

20.28%

2.

Machinery

16.54%

3.

Vehicles

10.75%

4.

Mineral Fuels & Oils 

8.76%

5.

Plastics 

5.26%

6.

Optical, Photographic, Medical Equipment

3.52%

7.

Iron & Steel 

2.3%

The above table shows that “Electronics” is the highest importing product of Mexico with a total import Percentage of 20.28%

What are the significant exports in Mexico?

Mexico is a very productive country, and it exports a wide range of products to satisfy the demands of the global market. However, for now, we’ll just focus on Mexico’s top exports, which are as follows.

Product Name

Total Value

Percentage

Motor vehicles 

25589069707

5.06

Digital processing units

21507867987

4.26

apparatus for television

12007371811

2.38

Transport of goods

11759918424

2.33

PETROLEUM OILS AND OIL

10249223028

2.03

Machines for the reception

9476205117

1.87

Spark-ignition

9420404773

1.86

Nuclear Reactors, Boilers

8578071406

1.7

Ignition wire

7914520794

1.57

Unused postage, revenue stamps

7357149797

1.46

Who are the most important trading partners in Mexico?

Mexico is a country that has good relations with almost every country, and that’s because they import different products from different countries. So we just mentioned the top 10 import trading partners of Mexico in the year 2020 are as follows – 

The below table shows the country name, total USD value, and the overall import percentage – 

S no

Country Name 

Total import value

Total export value

1.

The United States 

$206.1 Billion

$343 Billion

2.

China

$83.0 Billion

$78 Billion

3.

Japan

$17.9 Billion

$36 Billion

4.

Germany

$17.6 Billion

$66 Billion

5.

South Korea

$17.5 Billion

$55 Billion

6.

Malaysia

1$1.5 Billion

$23 Billion

7.

Canada

$9.8 Billion

$118 Billion

8.

Taipei, Chinese 

$9.3 Billion

$13 Billion

9.

Brazil

$6.6 Billion

$31 Billion

10.

Italy

$6.0 Billion

$9 Billion

The above table explains that Mexico’s most crucial trading partner is the united states, with a total import value of 206.1 Billion US dollars and with a total export value of $343 billion US Dollars. Also, Mexico mainly focuses on importing worth-added products.

What is the major port list in Mexico? 

Mexico’s trade is expected to rise rapidly in the next few years, allowing it to continue developing and expanding its Management. There is a various port in Mexico that plays an essential role in export & import trade but as of now we just mentioned the few most important ports which play a crucial role in import & export are as follow – 

  • Nuevo Laredo, Tamaulipas.
  • Puente Internacional Zaragoza-Isleta, Ciudad Juarez, Chihuahua.
  • Manzanillo, Colima.
  • Veracruz.
  • Tijuana, Baja California.
  • Ciudad Reynosa, Tamaulipas.
  • Aeropuerto Internacional De La Ciudad De Mexico
  • Guadalajara, Tlacomulco De Zuñiga, Jalisco.
  • Colomfaa, Nuevo Leon.
  • Lazaro Cardenas, Michoacan.
  • Altamira, Tamaulipas.
  • Mexicali, Baja California.
  • Aeropuerto Internacional General Mariano Escobedo, Apodaca, Nuevo Leon.
  • Lucio Blanco-Los Indios, Matamoros, Tamaulipas.
  • Nogales, Sonora.
  • Piedras Negras, Coahuila.
  • Ensenada, Baja California.
  • Puebla, Heroica Puebla De Zaragoza, Puebla.
  • Toluca, Estado De Mexico.
  • Queretaro, Santiago De Queretaro

As we all see that this article is very informative and provides verified and authorized information to the reader that will help readers to expand their import-export business in Mexico. 

Conclusion – The post was quite informative and taught us about Mexico’s import-export partners and products. Additionally, it displays the port details. We can therefore conclude that the article gives us sufficient information. If you want to learn more about the international trade in goods and services, contact us at info@eximtradedata.com or +91-9625812393 or visit our official website Exim Trade Data

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