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Mexico Trade Summary

2022

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 2022

Overall Exports and Imports for Mexico 2022

Exports and imports of Mexico in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 577,731 million.
  • The total value of imports (CIF) was 604,615 million.
  • At the HS6 digit level, 2,718 products were exported to 132 countries and 3,676 products were imported from 215 countries.

Mexico top 5 Export and Import partners 2022

Top five countries to which Mexico exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Mexico exports to United States worth US$ 452,294 million, with a partner share of 78.29 percent.
  2. Mexico exports to Unspecified worth US$ 30,454 million, with a partner share of 5.27 percent.
  3. Mexico exports to Canada worth US$ 15,402 million, with a partner share of 2.67 percent.
  4. Mexico exports to China worth US$ 10,804 million, with a partner share of 1.87 percent.
  5. Mexico exports to Germany worth US$ 8,245 million, with a partner share of 1.43 percent.

Top five countries from which Mexico imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Mexico imports from United States worth US$ 265,424 million, with a partner share of 43.90 percent.
  2. Mexico imports from China worth US$ 118,694 million, with a partner share of 19.63 percent.
  3. Mexico imports from Korea, Rep. worth US$ 22,429 million, with a partner share of 3.71 percent.
  4. Mexico imports from Germany worth US$ 18,447 million, with a partner share of 3.05 percent.
  5. Mexico imports from Japan worth US$ 18,289 million, with a partner share of 3.02 percent.

Mexico Top 5 Productsexports imports at HS 6 digit level 2022

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 31,625,265.58 (US$ Thousands).
  2. Mexico exported Digital process units whether or not presented , worth 28,285,224.42 (US$ Thousands).
  3. Mexico exported Automobiles with reciprocating piston engine di , worth 23,056,151.54 (US$ Thousands).
  4. Mexico exported Gas powered trucks with a GVW not exceeding fiv , worth 22,054,117.11 (US$ Thousands).
  5. Mexico exported Television receivers including video monitors a , worth 13,376,746.06 (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 41,769,581.90 (US$ Thousands).
  2. Mexico imported Monolithic integrated circuits, digital , worth 25,794,227.64 (US$ Thousands).
  3. Mexico imported Parts and accessories of automatic data process , worth 21,437,211.45 (US$ Thousands).
  4. Mexico imported Natural gas in gaseous state , worth 13,559,492.33 (US$ Thousands).
  5. Mexico imported Transmission apparatus, for radioteleph incorpo , worth 8,350,659.50 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Mexico in 2022 are below

  • The maximum rate of tariff in percentage on any product was 153.04 percent.
  • The simple average tariff across all products was 6.02 percent.
  • The trade weighted average tariff was 4.75 .
  • The total duty free imports in thousands of US dollars were 217,457,290.59 and duty free tariff line items share was 51.45 percent.

Development Indicators 2022

Key Development Indicators of Mexico in 2022 are below

  • Mexico GDP in current US dollar was 1,414,187 million.
  • GNI per capita, Atlas method (current US$) was 10,410.00 .
  • Mexico Trade balance: as % of GDP was -2.77.
  • Trade balance in current US$ was -39,214.00 million.
  • Trade as percentage of GDP was 89.48 .
  • Trade in services as percentage of GDP was 7.87 .

Trade Indicators 2022

Trade Indicators for Mexico in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.57.
  • Index of export market penetration was 14.53.
  • World Growth in percentage was 5.18 and Mexico Country Growth was 7.35 .