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Mexico Trade Summary

2020

Mexico exports, imports, tariff by year.
Mexico monthly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MEXICO 2020

Overall Exports and Imports for Mexico 2020

Exports and imports of Mexico in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 416,982 million.
  • The total value of imports (CIF) was 382,980 million.
  • At the HS6 digit level, 3,028 products were exported to 152 countries and 3,887 products were imported from 205 countries.

Mexico top 5 Export and Import partners 2020

Top five countries to which Mexico exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Mexico exports to United States worth US$ 330,434 million, with a partner share of 79.24 percent.
  2. Mexico exports to Unspecified worth US$ 12,264 million, with a partner share of 2.94 percent.
  3. Mexico exports to Canada worth US$ 11,139 million, with a partner share of 2.67 percent.
  4. Mexico exports to China worth US$ 7,788 million, with a partner share of 1.87 percent.
  5. Mexico exports to Germany worth US$ 6,585 million, with a partner share of 1.58 percent.

Top five countries from which Mexico imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Mexico imports from United States worth US$ 168,197 million, with a partner share of 43.92 percent.
  2. Mexico imports from China worth US$ 73,506 million, with a partner share of 19.19 percent.
  3. Mexico imports from Korea, Rep. worth US$ 14,706 million, with a partner share of 3.84 percent.
  4. Mexico imports from Japan worth US$ 13,893 million, with a partner share of 3.63 percent.
  5. Mexico imports from Germany worth US$ 13,871 million, with a partner share of 3.62 percent.

Mexico Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Mexico along with trade value are:

  1. Mexico exported Digital process units whether or not presented , worth 27,143,290.36 (US$ Thousands).
  2. Mexico exported Automobiles with reciprocating piston engine di , worth 25,081,985.07 (US$ Thousands).
  3. Mexico exported Gas powered trucks with a GVW not exceeding fiv , worth 15,725,794.56 (US$ Thousands).
  4. Mexico exported Petroleum oils and oils obtained from bituminou , worth 14,683,690.56 (US$ Thousands).
  5. Mexico exported Television receivers including video monitors a , worth 12,944,818.81 (US$ Thousands).

The top five imported HS 6 digit level products from world by Mexico along with trade value are

  1. Mexico imported Monolithic integrated circuits, nes , worth 18,734,037.47 (US$ Thousands).
  2. Mexico imported Petroleum oils, etc, (excl. crude); preparation , worth 17,024,801.99 (US$ Thousands).
  3. Mexico imported Parts and accessories of automatic data process , worth 9,136,399.99 (US$ Thousands).
  4. Mexico imported Telegraphic apparatus, nes , worth 6,129,634.46 (US$ Thousands).
  5. Mexico imported Storage units, whether or not presented with th , worth 5,094,866.14 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Mexico in 2020 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2020

Key Development Indicators of Mexico in 2020 are below

  • Mexico GDP in current US dollar was 1,090,515 million.
  • GNI per capita, Atlas method (current US$) was 8,750.00 .
  • Mexico Trade balance: as % of GDP was 2.05.
  • Trade balance in current US$ was 22,322.00 million.
  • Trade as percentage of GDP was 76.94 .
  • Trade in services as percentage of GDP was 6.23 .

Trade Indicators 2020

Trade Indicators for Mexico in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.55.
  • Index of export market penetration was 14.60.
  • World Growth in percentage was -3.77 and Mexico Country Growth was -4.95 .