The value of exports of commodity group 8418 "Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15" from Mexico totalled $ 6.91 billion in 2023. Sales of commodity group 8418 from Mexico decreased by 0.971% in value terms compared to 2022. exports of commodity group 8418 "Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15" decreased by $ 67 million (cumulative exports of commodity group 8418 from Mexico amounted $6.98 billion in 2022)
Exports of commodity group 8418 "Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15" amounted to 1.16% of total exports from Mexico (cumulative merchandise exports from Mexico totalled $ 592 billion in 2023). The share of commodity group 8418 in total exports from Mexico decreased by 0.042 p.p. compared to 2022 (it was 1.2% in 2022 and cumulative exports from Mexico were equal to $ 577 billion).
Exports of commodity group 8418 amounted to 7.39% of total sales of group "" from Mexico in 2023 (the value of exports of commodity group from Mexico amounted to $93 billion in 2023). The share of exports of commodity group 8418 in sales of commodity group from Mexico increased by 0.617 p.p. compared to 2022 (it was 6.78% in 2022, and exports of commodity group from Mexico were $103 billion).
Where does Mexico export Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15?
Top export destinations of "Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15" from Mexico in 2023:
- USA with a share of 91% (6.3 billion US$)
- Canada with a share of 3.18% (220 million US$)
- Panama with a share of 1.26% (87 million US$)
- Colombia - 48 million US$
- Peru - 42 million US$
- Guatemala - 39 million US$
- Chile - 25 million US$
- Costa Rica - 23 million US$
- El Salvador - 20 million US$
- Brazil - 15.4 million US$
Exports structure of 8418 - Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15 - from Mexico in 2023 represented by the following main commodity groups:
- 67% (4.68 billion US$): 841810 - Combined refrigerator-freezers, fitted with separate ext. doors, elec./other
- 13.5% (939 million US$): 841869 - Refrigerating or freezing equipment; heat pumps, other than compression type units whose condensers are heat exchangers
- 8.1% (560 million US$): 841850 - Refrigerating or freezing equipment; display counters, cabinets, show-cases and the like
- 7.62% (527 million US$): 841899 - Parts of the refrigerating/freezing equip. & heat pumps of 8418.10-8418.69 (excl. of 8418.91)
- 0.42% (29 million US$): 841821 - Refrigerators, h-hold. type, compression-type, elec./other
- 0.136% (9.42 million US$): 841891 - Furniture designed to receive refrigerating/freezing equip.
- 0.084% (5.82 million US$): 841829 - Household-type refrigerators, electric or not, other than compression or absorption-type
- 0.074% (5.16 million US$): 841840 - Freezers of the upright type, not >900 l cap., elec./other
- 0.071% (4.93 million US$): 841861 - Compression-type refrigerating/freezing equip. whose condensers are heat exchangers
- 0.06% (4.15 million US$): 841830 - Freezers of the chest type, not >800 l cap., elec./other
The value of imports of commodity group 8418 "Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15" to Mexico totalled $ 1.36 billion in 2023. Sales of commodity group 8418 to Mexico went up by 6.23% compared to 2022: imports of commodity group 8418 "Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15" went up by $ 79 million (the value of imports of commodity group 8418 to Mexico was equal to $1.28 billion in 2022)
Imports of commodity group 8418 "Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15" accounted for 0.227% of total import flow to Mexico (in 2023, total imports to Mexico amounted to $ 598 billion). The share of commodity group 8418 in total imports to Mexico increased by 0.015 p.p. compared to 2022 (it was 0.211% in 2022 and cumulative imports to Mexico were equal to $ 604 billion).
Imports of commodity group 8418 reached 1.42% of total imports of group "" to Mexico in 2023 (imports of commodity group to Mexico totalled $95 billion in 2023). The share of purchases of commodity group 8418 in total imports of commodity group to Mexico increased by 0.062 p.p. compared to 2022 (it was 1.35% in 2022, and imports of commodity group to Mexico accounted for $94 billion).
Where does Mexico import Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15 from?
Top trading partners (import of "Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15") of Mexico in 2023:
- USA with a share of 45% (623 million US$)
- China with a share of 35% (482 million US$)
- Korea with a share of 7.21% (98 million US$)
- Spain with a share of 2.12% (28 million US$)
- Italy with a share of 2.08% (28 million US$)
- Indonesia with a share of 1.36% (18.6 million US$)
- Brazil - 10.8 million US$
- Turkey - 9.47 million US$
- Vietnam - 8.78 million US$
- Thailand - 7.43 million US$
Imports structure of 8418 - Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15 - to Mexico in 2023 represented by the following main commodity groups:
- 35% (482 million US$): 841899 - Parts of the refrigerating/freezing equip. & heat pumps of 8418.10-8418.69 (excl. of 8418.91)
- 29% (397 million US$): 841869 - Refrigerating or freezing equipment; heat pumps, other than compression type units whose condensers are heat exchangers
- 9.56% (130 million US$): 841810 - Combined refrigerator-freezers, fitted with separate ext. doors, elec./other
- 7.59% (103 million US$): 841861 - Compression-type refrigerating/freezing equip. whose condensers are heat exchangers
- 5.93% (80 million US$): 841821 - Refrigerators, h-hold. type, compression-type, elec./other
- 5.07% (69 million US$): 841850 - Refrigerating or freezing equipment; display counters, cabinets, show-cases and the like
- 3.14% (42 million US$): 841830 - Freezers of the chest type, not >800 l cap., elec./other
- 0.646% (8.79 million US$): 841840 - Freezers of the upright type, not >900 l cap., elec./other
- 0.248% (3.38 million US$): 841829 - Household-type refrigerators, electric or not, other than compression or absorption-type
- 0.166% (2.27 million US$): 841891 - Furniture designed to receive refrigerating/freezing equip.