Annual International Trade Statistics by Country (HS)
Publication date: 2023-05-14
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Mexico | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020

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2020
TOTAL. ALL COMMODITIESMexicoWorldExportsValue (US$)229,712,337,305.00298,305,075,136.00349,326,581,717.00370,706,658,359.00379,949,273,136.00396,890,473,226.00380,556,088,682.00373,953,613,840.00409,396,272,990.00450,683,646,625.00460,603,695,808.00416,982,170,486.00
Value Growth, YoY (%)-21.1329.8617.106.122.494.45-4.11-1.739.4710.082.20-9.47
ImportsValue (US$)234,384,531,886.00301,481,733,926.00350,842,805,606.00370,751,407,489.00381,210,149,461.00399,984,248,389.00395,253,856,855.00387,087,412,856.00420,394,590,810.00464,294,259,444.00455,235,784,381.00382,979,895,758.00
Value Growth, YoY (%)-24.0428.6216.375.672.824.92-1.18-2.068.6010.44-1.95-15.87

The value of merchandise exports from Mexico totalled $ 416 billion in 2020. Overall commodity exports from Mexico decreased by 9.47% compared to 2019. Merchandise exports decreased by $ 43 billion (the value of merchandise exports from Mexico amounted to $460 billion in 2019)

Mexico's exports 2020 by country

Top export destinations of commodities from Mexico in 2020:

  • USA with a share of 79% (330 billion US$)
  • Canada with a share of 2.67% (11.1 billion US$)
  • North America and Central America, nes with a share of 2.09% (8.74 billion US$)
  • China with a share of 1.86% (7.78 billion US$)
  • Germany with a share of 1.57% (6.58 billion US$)
  • Other Asia, nes with a share of 1.03% (4.32 billion US$)
  • Japan - 3.62 billion US$
  • Korea - 3.42 billion US$
  • Brazil - 3.02 billion US$
  • United Kingdom - 2.61 billion US$

Exports structure from Mexico in 2020 represented by the following main commodity groups:

  • 24% (100 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 18% (75 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 17.9% (74 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.45% (18.5 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.98% (16.6 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 2.18% (9.12 billion US$): 39 - Plastics and articles thereof
  • 2.18% (9.11 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 2.02% (8.44 billion US$): 07 - Edible vegetables and certain roots and tubers
  • 1.94% (8.09 billion US$): 22 - Beverages, spirits and vinegar
  • 1.93% (8.07 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin

What did Mexico export in 2020?

Mexico's Top Exports in 2020:

  • 9.65% ($40 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 7.67% ($31 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 6.42% ($26 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 5.91% ($24 billion): 8704 - Motor vehicles for the transport of goods
  • 3.52% ($14.6 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.13% ($13 billion): 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
  • 2.85% ($11.9 billion): 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
  • 2.62% ($10.9 billion): 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
  • 2.02% ($8.43 billion): 9018 - Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments

The value of merchandise imports to Mexico totalled $ 382 billion in 2020. Overall commodity imports to Mexico decreased by 15.8% compared to 2019. Merchandise imports decreased by $ 72 billion (the value of merchandise imports to Mexico was equal to $455 billion in 2019)

Mexico's imports 2020 by country

Top trading partners (import sources) of Mexico in 2020:

  • USA with a share of 43% (168 billion US$)
  • China with a share of 19.1% (73 billion US$)
  • Korea with a share of 3.83% (14.7 billion US$)
  • Japan with a share of 3.62% (13.8 billion US$)
  • Germany with a share of 3.62% (13.8 billion US$)
  • Malaysia with a share of 2.82% (10.8 billion US$)
  • Other Asia, nes with a share of 2.28% (8.76 billion US$)
  • Canada with a share of 2.17% (8.31 billion US$)
  • Vietnam with a share of 1.72% (6.6 billion US$)
  • Brazil with a share of 1.47% (5.63 billion US$)

Imports structure to Mexico in 2020 represented by the following main commodity groups:

  • 21% (82 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 17.1% (65 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 8.37% (32 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 6.55% (25 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 5.7% (21 billion US$): 39 - Plastics and articles thereof
  • 4.1% (15.7 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.98% (15.2 billion US$): 99 - Commodities not specified according to kind
  • 2.29% (8.8 billion US$): 72 - Iron and steel
  • 2.14% (8.22 billion US$): 73 - Articles of iron or steel
  • 1.94% (7.46 billion US$): 29 - Organic chemicals

What did Mexico import in 2020?

Mexico's Top Imports in 2020:

  • 5.72% ($21 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 4.91% ($18.8 billion): 8542 - Electronic integrated circuits and microassemblies
  • 4.44% ($17 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 3.05% ($11.7 billion): 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
  • 2.53% ($9.72 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 2.43% ($9.33 billion): 8473 - Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.69 to 84.72
  • 1.74% ($6.67 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 1.62% ($6.23 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 1.47% ($5.64 billion): 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

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Mexico | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020