Mexico | Imports and Exports | World | Delivery Trucks | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8704 "Motor vehicles for the transport of goods" from Mexico totalled $ 37 billion in 2023. Sales of commodity group 8704 from Mexico went up by 14.9% compared to 2022: exports of commodity group 8704 "Motor vehicles for the transport of goods" went up by $ 4.91 billion (cumulative exports of commodity group 8704 from Mexico amounted $32 billion in 2022)
Exports of commodity group 8704 "Motor vehicles for the transport of goods" amounted to 6.36% of total exports from Mexico (cumulative merchandise exports from Mexico totalled $ 592 billion in 2023). The share of commodity group 8704 in total exports from Mexico increased by 0.681 p.p. compared to 2022 (it was 5.67% in 2022 and cumulative exports from Mexico were equal to $ 577 billion).
Exports of commodity group 8704 amounted to 24% of total sales of group "" from Mexico in 2023 (the value of exports of commodity group from Mexico amounted to $156 billion in 2023). The share of exports of commodity group 8704 in sales of commodity group from Mexico lowered by 0.003 p.p. compared to 2022 (it was 24% in 2022, and exports of commodity group from Mexico were $136 billion).
Where does Mexico export Motor vehicles for the transport of goods?
Top export destinations of "Motor vehicles for the transport of goods" from Mexico in 2023:
- USA with a share of 92% (34 billion US$)
- Canada with a share of 5.19% (1.96 billion US$)
- Brazil - 278 million US$
- Saudi Arabia - 104 million US$
- Australia - 97 million US$
- Colombia - 71 million US$
- Chile - 64 million US$
- Costa Rica - 60 million US$
- Argentina - 57 million US$
- Peru - 47 million US$
Exports structure of 8704 - Motor vehicles for the transport of goods - from Mexico in 2023 represented by the following main commodity groups:
- 65% (24 billion US$): 870431 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. not >5tonnes
- 13.3% (5.02 billion US$): 870422 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >5tonnes but not >20tonnes
- 4.17% (1.57 billion US$): 870423 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >20tonnes
- 1.78% (674 million US$): 870421 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. not >5tonnes
- 0.362% (136 million US$): 870432 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. >5tonnes
The value of imports of commodity group 8704 "Motor vehicles for the transport of goods" to Mexico totalled $ 3.42 billion in 2023. Sales of commodity group 8704 to Mexico went up by 36% compared to 2022: imports of commodity group 8704 "Motor vehicles for the transport of goods" went up by $ 911 million (the value of imports of commodity group 8704 to Mexico was equal to $2.5 billion in 2022)
Imports of commodity group 8704 "Motor vehicles for the transport of goods" accounted for 0.571% of total import flow to Mexico (in 2023, total imports to Mexico amounted to $ 598 billion). The share of commodity group 8704 in total imports to Mexico increased by 0.156 p.p. compared to 2022 (it was 0.415% in 2022 and cumulative imports to Mexico were equal to $ 604 billion).
Imports of commodity group 8704 reached 5.58% of total imports of group "" to Mexico in 2023 (imports of commodity group to Mexico totalled $61 billion in 2023). The share of purchases of commodity group 8704 in total imports of commodity group to Mexico increased by 0.386 p.p. compared to 2022 (it was 5.19% in 2022, and imports of commodity group to Mexico accounted for $48 billion).
Where does Mexico import Motor vehicles for the transport of goods from?
Top trading partners (import of "Motor vehicles for the transport of goods") of Mexico in 2023:
- USA with a share of 42% (1.45 billion US$)
- China with a share of 16.6% (570 million US$)
- Japan with a share of 15% (515 million US$)
- Brazil with a share of 12.3% (421 million US$)
- Thailand with a share of 8.52% (291 million US$)
- United Kingdom with a share of 1.46% (50 million US$)
- France - 33 million US$
- India - 28 million US$
- Argentina - 24 million US$
- Germany - 20 million US$
Imports structure of 8704 - Motor vehicles for the transport of goods - to Mexico in 2023 represented by the following main commodity groups:
- 56% (1.93 billion US$): 870431 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. not >5tonnes
- 6.62% (226 million US$): 870422 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >5tonnes but not >20tonnes
- 4.26% (145 million US$): 870423 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >20tonnes
- 2.87% (98 million US$): 870421 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. not >5tonnes
- 1.98% (67 million US$): 870410 - Dumpers designed for off-highway use
- 1.21% (41 million US$): 870432 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. >5tonnes
- 0.258% (8.83 million US$): 870490 - Motor vehicles for the transport of goods, n.e.s. in 87.04
