The value of exports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" from Mexico totalled $ 103 billion in 2023. Sales of commodity group 85 from Mexico went up by 6.24% compared to 2022: exports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" went up by $ 6.08 billion (cumulative exports of commodity group 85 from Mexico amounted $97 billion in 2022)
Exports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" amounted to 17.4% of total exports from Mexico (cumulative merchandise exports from Mexico totalled $ 592 billion in 2023). The share of commodity group 85 in total exports from Mexico increased by 0.591 p.p. compared to 2022 (it was 16.8% in 2022 and cumulative exports from Mexico were equal to $ 577 billion).
Where does Mexico export Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles?
Top export destinations of "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" from Mexico in 2023:
- USA with a share of 88% (91 billion US$)
- Canada with a share of 1.84% (1.91 billion US$)
- China with a share of 1.03% (1.07 billion US$)
- Netherlands - 949 million US$
- Germany - 596 million US$
- Brazil - 567 million US$
- Japan - 432 million US$
- Singapore - 407 million US$
- Colombia - 387 million US$
- Nicaragua - 363 million US$
Exports structure of 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles - from Mexico in 2023 represented by the following main commodity groups:
- 17% (17.6 billion US$): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
- 13.7% (14.1 billion US$): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
- 11.5% (11.9 billion US$): 8528 - Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus
- 7.89% (8.16 billion US$): 8537 - Boards, panels, consoles, desks, cabinets and other bases, equipped with two or more apparatus of heading 85.35 or 85.36, for electric control or the distribution of electricity, including those incorporating instruments or apparatus of Chapter 90, and numerical control apparatus, other than switching apparatus of heading 85.17
- 6.23% (6.44 billion US$): 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors
- 5.11% (5.29 billion US$): 8536 - Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lamp-holders, junction boxes), for a voltage not exceeding 1,000 volts
- 4.79% (4.95 billion US$): 8501 - Electric motors and generators (excluding generating sets).
- 3.94% (4.07 billion US$): 8512 - Electrical lighting or signalling equipment (excluding articles of heading 85.39), windscreen wipers, defrosters and demisters, of a kind used for cycles or motor vehicles
- 3.33% (3.44 billion US$): 8543 - Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this Chapter
- 3.27% (3.38 billion US$): 8542 - Electronic integrated circuits and microassemblies
The value of imports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" to Mexico totalled $ 121 billion in 2023. Sales of commodity group 85 to Mexico went up by 3.45% compared to 2022: imports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" went up by $ 4.05 billion (the value of imports of commodity group 85 to Mexico was equal to $117 billion in 2022)
Imports of commodity group 85 "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles" accounted for 20% of total import flow to Mexico (in 2023, total imports to Mexico amounted to $ 598 billion). The share of commodity group 85 in total imports to Mexico increased by 0.876 p.p. compared to 2022 (it was 19.3% in 2022 and cumulative imports to Mexico were equal to $ 604 billion).
Where does Mexico import Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles from?
Top trading partners (import of "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles") of Mexico in 2023:
- China with a share of 32% (39 billion US$)
- USA with a share of 20% (25 billion US$)
- Malaysia with a share of 7.55% (9.16 billion US$)
- Other Asia, nes with a share of 6.24% (7.57 billion US$)
- Vietnam with a share of 4.91% (5.96 billion US$)
- Korea with a share of 4.5% (5.46 billion US$)
- Japan with a share of 4.08% (4.95 billion US$)
- Thailand with a share of 2.74% (3.32 billion US$)
- Germany with a share of 2.51% (3.05 billion US$)
- Philippines with a share of 1.75% (2.12 billion US$)
Imports structure of 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles - to Mexico in 2023 represented by the following main commodity groups:
- 19.8% (24 billion US$): 8542 - Electronic integrated circuits and microassemblies
- 13.3% (16.2 billion US$): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
- 6.7% (8.13 billion US$): 8536 - Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lamp-holders, junction boxes), for a voltage not exceeding 1,000 volts
- 6.47% (7.85 billion US$): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
- 4.95% (6 billion US$): 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors
- 4.14% (5.02 billion US$): 8538 - Parts suitable for use solely or principally with the apparatus of heading 85.35, 85.36 or 85.37
- 3.97% (4.81 billion US$): 8524 - Flat panel display modules, whether or not incorporating touch-sensitive screens
- 3.93% (4.77 billion US$): 8507 - Electric accumulators, including separators therefor, whether or not rectangular (including square)
- 3.79% (4.6 billion US$): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
- 2.98% (3.61 billion US$): 8501 - Electric motors and generators (excluding generating sets).