The value of exports of commodity group 8501 "Electric motors and generators (excluding generating sets)." from Mexico totalled $ 4.95 billion in 2023. Sales of commodity group 8501 from Mexico went up by 7.27% compared to 2022: exports of commodity group 8501 "Electric motors and generators (excluding generating sets)." went up by $ 336 million (cumulative exports of commodity group 8501 from Mexico amounted $4.62 billion in 2022)
Exports of commodity group 8501 "Electric motors and generators (excluding generating sets)." amounted to 0.836% of total exports from Mexico (cumulative merchandise exports from Mexico totalled $ 592 billion in 2023). The share of commodity group 8501 in total exports from Mexico increased by 0.036 p.p. compared to 2022 (it was 0.8% in 2022 and cumulative exports from Mexico were equal to $ 577 billion).
Exports of commodity group 8501 amounted to 4.79% of total sales of group "" from Mexico in 2023 (the value of exports of commodity group from Mexico amounted to $103 billion in 2023). The share of exports of commodity group 8501 in sales of commodity group from Mexico increased by 0.045 p.p. compared to 2022 (it was 4.74% in 2022, and exports of commodity group from Mexico were $97 billion).
Where does Mexico export Electric motors and generators (excluding generating sets).?
Top export destinations of "Electric motors and generators (excluding generating sets)." from Mexico in 2023:
- USA with a share of 93% (4.64 billion US$)
- Germany with a share of 1.48% (73 million US$)
- Canada with a share of 1.1% (54 million US$)
- Brazil with a share of 1.1% (54 million US$)
- France - 20 million US$
- China - 17.2 million US$
- Korea - 10.8 million US$
- Netherlands - 9.83 million US$
- Argentina - 8.58 million US$
- Czech Republic - 8.01 million US$
Exports structure of 8501 - Electric motors and generators (excluding generating sets). - from Mexico in 2023 represented by the following main commodity groups:
- 23% (1.18 billion US$): 850131 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output not >750W
- 16.8% (834 million US$): 850140 - AC motors (excl. of 8501.10 & 8501.20), single-phase
- 14.5% (720 million US$): 850110 - Electric motors of an output not >37.5W
- 11.5% (573 million US$): 850152 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output >750W but not >75kW
- 6.25% (310 million US$): 850153 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output >75kW
- 4.66% (231 million US$): 850132 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output >750W but not >75 kW
- 2.31% (114 million US$): 850151 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output not >750W
- 1.81% (89 million US$): 850164 - Electric generators (alternators), of an output >750kVA
- 0.903% (44 million US$): 850133 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output >75kW but not >375kW
- 0.313% (15.5 million US$): 850161 - AC generators (alternators), of an output not >75kVA
The value of imports of commodity group 8501 "Electric motors and generators (excluding generating sets)." to Mexico totalled $ 3.61 billion in 2023. Sales of commodity group 8501 to Mexico went up by 5.06% compared to 2022: imports of commodity group 8501 "Electric motors and generators (excluding generating sets)." went up by $ 174 million (the value of imports of commodity group 8501 to Mexico was equal to $3.44 billion in 2022)
Imports of commodity group 8501 "Electric motors and generators (excluding generating sets)." accounted for 0.604% of total import flow to Mexico (in 2023, total imports to Mexico amounted to $ 598 billion). The share of commodity group 8501 in total imports to Mexico increased by 0.034 p.p. compared to 2022 (it was 0.569% in 2022 and cumulative imports to Mexico were equal to $ 604 billion).
Imports of commodity group 8501 reached 2.98% of total imports of group "" to Mexico in 2023 (imports of commodity group to Mexico totalled $121 billion in 2023). The share of purchases of commodity group 8501 in total imports of commodity group to Mexico increased by 0.045 p.p. compared to 2022 (it was 2.93% in 2022, and imports of commodity group to Mexico accounted for $117 billion).
Where does Mexico import Electric motors and generators (excluding generating sets). from?
Top trading partners (import of "Electric motors and generators (excluding generating sets).") of Mexico in 2023:
- China with a share of 37% (1.36 billion US$)
- USA with a share of 18% (653 million US$)
- Japan with a share of 7.99% (289 million US$)
- Germany with a share of 5.55% (200 million US$)
- Korea with a share of 5.07% (183 million US$)
- Vietnam with a share of 3.78% (136 million US$)
- Italy with a share of 3.73% (135 million US$)
- India with a share of 3.58% (129 million US$)
- Other Asia, nes with a share of 2.56% (92 million US$)
- Canada with a share of 1.68% (61 million US$)
Imports structure of 8501 - Electric motors and generators (excluding generating sets). - to Mexico in 2023 represented by the following main commodity groups:
- 31% (1.15 billion US$): 850131 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output not >750W
- 21% (780 million US$): 850110 - Electric motors of an output not >37.5W
- 15.6% (566 million US$): 850140 - AC motors (excl. of 8501.10 & 8501.20), single-phase
- 8.52% (308 million US$): 850152 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output >750W but not >75kW
- 4.96% (179 million US$): 850153 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output >75kW
- 3.84% (139 million US$): 850151 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output not >750W
- 2.78% (100 million US$): 850132 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output >750W but not >75 kW
- 1.81% (65 million US$): 850120 - Universal AC/DC motors of an output >37.5 W
- 0.498% (18 million US$): 850164 - Electric generators (alternators), of an output >750kVA
- 0.275% (9.95 million US$): 850133 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output >75kW but not >375kW