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Mexico Trade Summary

2021

Mexico exports, imports, tariff by year.

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 2021

Overall Exports and Imports for Mexico 2021

Exports and imports of Mexico in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 494,461 million.
  • The total value of imports (CIF) was 505,716 million.
  • At the HS6 digit level, 2,715 products were exported to 139 countries and 3,707 products were imported from 215 countries.

Mexico top 5 Export and Import partners 2021

Top five countries to which Mexico exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Mexico exports to United States worth US$ 386,168 million, with a partner share of 78.10 percent.
  2. Mexico exports to Unspecified worth US$ 22,527 million, with a partner share of 4.56 percent.
  3. Mexico exports to Canada worth US$ 12,899 million, with a partner share of 2.61 percent.
  4. Mexico exports to China worth US$ 9,080 million, with a partner share of 1.84 percent.
  5. Mexico exports to Other Asia, nes worth US$ 7,640 million, with a partner share of 1.55 percent.

Top five countries from which Mexico imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Mexico imports from United States worth US$ 221,312 million, with a partner share of 43.76 percent.
  2. Mexico imports from China worth US$ 101,021 million, with a partner share of 19.98 percent.
  3. Mexico imports from Korea, Rep. worth US$ 18,963 million, with a partner share of 3.75 percent.
  4. Mexico imports from Germany worth US$ 17,214 million, with a partner share of 3.40 percent.
  5. Mexico imports from Japan worth US$ 17,079 million, with a partner share of 3.38 percent.

Mexico Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Mexico exported Petroleum oils and oils obtained from bituminou , worth 24,130,558.56 (US$ Thousands).
  2. Mexico exported Automobiles with reciprocating piston engine di , worth 22,539,557.52 (US$ Thousands).
  3. Mexico exported Digital process units whether or not presented , worth 20,062,413.88 (US$ Thousands).
  4. Mexico exported Gas powered trucks with a GVW not exceeding fiv , worth 19,580,974.24 (US$ Thousands).
  5. Mexico exported Television receivers including video monitors a , worth 15,083,259.68 (US$ Thousands).

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

  1. Mexico imported Petroleum oils, etc, (excl. crude); preparation , worth 24,779,083.48 (US$ Thousands).
  2. Mexico imported Monolithic integrated circuits, digital , worth 21,865,536.62 (US$ Thousands).
  3. Mexico imported Parts and accessories of automatic data process , worth 17,240,412.95 (US$ Thousands).
  4. Mexico imported Natural gas in gaseous state , worth 11,917,398.19 (US$ Thousands).
  5. Mexico imported Transmission apparatus, for radioteleph incorpo , worth 11,674,876.81 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Mexico in 2021 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 2021

Key Development Indicators of Mexico in 2021 are below

  • Mexico GDP in current US dollar was 1,272,839 million.
  • GNI per capita, Atlas method (current US$) was 9,590.00 .
  • Mexico Trade balance: as % of GDP was -1.74.
  • Trade balance in current US$ was -22,124.00 million.
  • Trade as percentage of GDP was 83.94 .
  • Trade in services as percentage of GDP was 7.14 .

Trade Indicators 2021

Trade Indicators for Mexico in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.54.
  • Index of export market penetration was 15.18.
  • World Growth in percentage was 12.50 and Mexico Country Growth was 9.01 .