Summary
- Exports
- $645.1billion
- Imports
- $551.2billion
- Trade balance
- +$93.9billion
Products
What it exports
Cars (10.5%) and computers (8.2%) together make up 18.7% of its exports.
What it imports
Auto parts (6.2%) and microchips (4.5%) together make up 10.6% of its imports.
Its products
Destinations and sources of its products that have their own page.
By Harmonized System chapter (96)
| Chapter | Exports | Imports |
|---|---|---|
| 87 · Vehicles | $162.1 billion | $60.8 billion |
| 84 · Mechanical machinery | $124.2 billion | $102.6 billion |
| 85 · Electrical and electronic equipment | $113 billion | $124.5 billion |
| 90 · Precision and medical instruments | $36.7 billion | $17.6 billion |
| 27 · Oil, gas and coal | $32 billion | $30 billion |
| 22 · Beverages and spirits | $14.4 billion | $1.2 billion |
| 94 · Furniture and lighting | $14 billion | $4.7 billion |
| 39 · Plastics | $11.4 billion | $32 billion |
| 07 · Vegetables | $11.2 billion | $1.1 billion |
| 71 · Gems and precious metals | $11.1 billion | $1.8 billion |
| 08 · Fruit and nuts | $11.1 billion | $1.6 billion |
| 73 · Iron and steel products | $9.5 billion | $10.9 billion |
| 26 · Ores and slag | $7.9 billion | $1.8 billion |
| 40 · Rubber | $5.6 billion | $8.4 billion |
| 19 · Baked goods and cereal products | $3.7 billion | $1.1 billion |
| 86 · Railway equipment | $3.7 billion | $1.9 billion |
| 33 · Perfumes and cosmetics | $3.6 billion | $5.2 billion |
| 72 · Iron and steel | $3.6 billion | $14.8 billion |
| 83 · Miscellaneous metal goods | $3.5 billion | $3.5 billion |
| 30 · Pharmaceuticals | $3.1 billion | $8.3 billion |
| 02 · Meat and offal | $2.9 billion | $7.1 billion |
| 20 · Preserved fruit and vegetables | $2.8 billion | $1.3 billion |
| 48 · Paper and paperboard | $2.8 billion | $6.7 billion |
| 76 · Aluminum | $2.5 billion | $10.1 billion |
| 88 · Aircraft and spacecraft | $2.4 billion | $1.3 billion |
| 74 · Copper | $2.4 billion | $4.5 billion |
| 95 · Toys and sports gear | $2.3 billion | $2.9 billion |
| 70 · Glass | $2.3 billion | $2.1 billion |
| 21 · Food preparations | $2.2 billion | $2.5 billion |
| 62 · Woven clothing | $2.1 billion | $3.1 billion |
| 17 · Sugar and sweets | $2.1 billion | $1.7 billion |
| 29 · Organic chemicals | $1.9 billion | $8.8 billion |
| 38 · Miscellaneous chemicals | $1.7 billion | $6.4 billion |
| 69 · Ceramics | $1.6 billion | $989 million |
| 34 · Soap and cleaning products | $1.5 billion | $1.5 billion |
| 63 · Home textiles and used clothing | $1.5 billion | $1.4 billion |
| 68 · Stone, plaster and cement articles | $1.5 billion | $951 million |
| 28 · Inorganic chemicals | $1.4 billion | $2.8 billion |
| 61 · Knitted clothing | $1.3 billion | $4.3 billion |
| 32 · Dyes, paints and tanning agents | $1.3 billion | $2.8 billion |
| 01 · Live animals | $1.3 billion | $167 million |
| 15 · Fats and oils | $1.2 billion | $2.1 billion |
| 82 · Tools and cutlery | $1.1 billion | $2.7 billion |
| 18 · Cocoa and chocolate | $966 million | $876 million |
| 25 · Salt, stone and cement | $937 million | $728 million |
| 09 · Coffee, tea and spices | $816 million | $713 million |
| 64 · Footwear | $814 million | $2.3 billion |
| 96 · Other manufactured goods | $795 million | $1.2 billion |
| 89 · Ships and boats | $793 million | $562 million |
| 44 · Wood | $751 million | $2 billion |
| 03 · Fish and seafood | $750 million | $718 million |
| 49 · Books and printed matter | $737 million | $708 million |
| 79 · Zinc | $564 million | $269 million |
| 23 · Animal feed and food waste | $553 million | $1.9 billion |
| 42 · Leather goods and bags | $550 million | $1.4 billion |
| 65 · Hats | $525 million | $344 million |
| 24 · Tobacco | $427 million | $183 million |
| 04 · Dairy, eggs and honey | $374 million | $2.3 billion |
| 11 · Milling products and malt | $370 million | $815 million |
| 16 · Prepared meat and fish | $340 million | $674 million |
| 59 · Coated and technical textiles | $332 million | $1.2 billion |
| 31 · Fertilizers | $321 million | $1.8 billion |
| 75 · Nickel | $318 million | $514 million |
| 35 · Glues, starches and enzymes | $284 million | $1.3 billion |
| 78 · Lead | $258 million | $87 million |
| 56 · Felt, nonwovens and rope | $256 million | $935 million |
| 12 · Oilseeds and grains | $232 million | $3.5 billion |
| 41 · Hides and leather | $209 million | $414 million |
| 54 · Synthetic filaments | $197 million | $1.4 billion |
| 92 · Musical instruments | $189 million | $101 million |
| 81 · Other base metals | $180 million | $395 million |
| 36 · Explosives and matches | $170 million | $130 million |
| 52 · Cotton | $168 million | $728 million |
| 13 · Gums and plant extracts | $142 million | $191 million |
| 06 · Live plants and flowers | $138 million | $222 million |
| 55 · Synthetic staple fibers | $135 million | $704 million |
| 57 · Carpets and rugs | $133 million | $267 million |
| 14 · Other plant products | $113 million | $42 million |
| 93 · Weapons and ammunition | $99 million | $65 million |
| 10 · Cereals | $96 million | $3.9 billion |
| 58 · Special fabrics and lace | $95 million | $411 million |
| 91 · Watches and clocks | $76 million | $549 million |
| 60 · Knitted fabric | $66 million | $612 million |
| 97 · Art and antiques | $57 million | $71 million |
| 80 · Tin | $56 million | $114 million |
| 05 · Other animal products | $50 million | $354 million |
| 46 · Wicker and basketware | $47 million | $17 million |
| 37 · Photographic goods | $44 million | $203 million |
| 51 · Wool | $40 million | $29 million |
| 47 · Wood pulp | $24 million | $1.1 billion |
| 67 · Feathers and artificial flowers | $9 million | $125 million |
| 66 · Umbrellas and canes | $4 million | $68 million |
| 53 · Other plant fibers | $2 million | $29 million |
| 45 · Cork | $2 million | $47 million |
| 50 · Silk | $1 million | $1 million |
| 43 · Fur and fur goods | $259 thousand | $3 million |
Trading partners
The United States is its main destination (76.2% of exports) and source (43% of imports).
Who it sells to
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| United States | 491 | 76.2% | Land |
| Canada | 32 | 5% | Sea |
| China | 12.8 | 2% | Sea |
| Germany | 9.9 | 1.5% | Sea |
| South Korea | 7.4 | 1.1% | Sea |
| Taiwan | 7.1 | 1.1% | Sea |
| Spain | 6.4 | 0.99% | Sea |
| United Kingdom | 6.1 | 0.95% | Air |
| Brazil | 5.9 | 0.92% | Sea |
| Japan | 5.5 | 0.85% | Sea |
Who it buys from
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| United States | 237 | 43% | Land |
| China | 114 | 20.6% | Sea |
| Germany | 19.4 | 3.5% | Sea |
| South Korea | 19.3 | 3.5% | Sea |
| Japan | 16.1 | 2.9% | Sea |
| Taiwan | 15.6 | 2.8% | Air |
| Vietnam | 13.2 | 2.4% | Air |
| Malaysia | 11.6 | 2.1% | Air |
| Canada | 9.3 | 1.7% | Sea |
| Thailand | 9 | 1.6% | Air |
Overview 1995–2024
In 2024, Mexico accounted for 2.8% of world exports, compared with 1.6% in 1995.
Exports and imports
Exports grew 8-fold since 1995
USD billions (current). Bars: trade balance (green surplus, red deficit).
- Exports 645
- Imports 551
- Balance +93.9
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $83 billion | $68.3 billion | $14.7 billion |
| 1996 | $95.1 billion | $86.4 billion | $8.7 billion |
| 1997 | $110.6 billion | $107.4 billion | $3.3 billion |
| 1998 | $116 billion | $120.4 billion | -$4.4 billion |
| 1999 | $133.2 billion | $136.2 billion | -$2.9 billion |
| 2000 | $168.4 billion | $169.3 billion | -$934 million |
| 2001 | $159.1 billion | $166.7 billion | -$7.5 billion |
| 2002 | $162.2 billion | $166 billion | -$3.8 billion |
| 2003 | $171.9 billion | $170 billion | $2 billion |
| 2004 | $191.9 billion | $191.4 billion | $462 million |
| 2005 | $218 billion | $219.5 billion | -$1.5 billion |
| 2006 | $258.7 billion | $251.4 billion | $7.3 billion |
| 2007 | $280.4 billion | $269.3 billion | $11 billion |
| 2008 | $296.3 billion | $300 billion | -$3.8 billion |
| 2009 | $234.6 billion | $227.2 billion | $7.4 billion |
| 2010 | $317.4 billion | $294 billion | $23.3 billion |
| 2011 | $368.3 billion | $341.9 billion | $26.4 billion |
| 2012 | $392.5 billion | $362.4 billion | $30.1 billion |
| 2013 | $396 billion | $370.4 billion | $25.7 billion |
| 2014 | $410.1 billion | $378.8 billion | $31.4 billion |
| 2015 | $394.1 billion | $377.4 billion | $16.7 billion |
| 2016 | $387.5 billion | $366.5 billion | $21 billion |
| 2017 | $442.2 billion | $406.1 billion | $36.1 billion |
| 2018 | $485.5 billion | $446 billion | $39.5 billion |
| 2019 | $499.4 billion | $435.1 billion | $64.3 billion |
| 2020 | $449.8 billion | $367.4 billion | $82.4 billion |
| 2021 | $509.8 billion | $445.3 billion | $64.4 billion |
| 2022 | $589.1 billion | $520.6 billion | $68.5 billion |
| 2023 | $621 billion | $550.8 billion | $70.3 billion |
| 2024 | $645.1 billion | $551.2 billion | $93.9 billion |
World rank
Mexico rose from 17th to 6th among the world's exporters
Rank among 222 countries by export value (1st at the top).
- 17th in 1995
- 6th in 2024
Source: CEPII BACI
Show the numbers
| Year | Rank |
|---|---|
| 1995 | 17th |
| 1996 | 15th |
| 1997 | 13th |
| 1998 | 13th |
| 1999 | 13th |
| 2000 | 12th |
| 2001 | 11th |
| 2002 | 13th |
| 2003 | 13th |
| 2004 | 14th |
| 2005 | 14th |
| 2006 | 14th |
| 2007 | 14th |
| 2008 | 15th |
| 2009 | 14th |
| 2010 | 12th |
| 2011 | 12th |
| 2012 | 13th |
| 2013 | 12th |
| 2014 | 12th |
| 2015 | 10th |
| 2016 | 9th |
| 2017 | 9th |
| 2018 | 9th |
| 2019 | 8th |
| 2020 | 9th |
| 2021 | 10th |
| 2022 | 11th |
| 2023 | 8th |
| 2024 | 6th |
What it sells
Vehicles became its top export group: from 15% to 25%
% of exports by Harmonized System chapter.
- Other 21%
- Plastics 2%
- Furniture and lighting 2%
- Beverages and spirits 2%
- Oil, gas and coal 5%
- Precision and medical instruments 6%
- Electrical and electronic equipment 18%
- Mechanical machinery 19%
- Vehicles 25%
Source: CEPII BACI
Show the numbers
| Chapter | 1995 | 2024 |
|---|---|---|
| Vehicles | 15.4% | 25.1% |
| Mechanical machinery | 11.2% | 19.3% |
| Electrical and electronic equipment | 23.5% | 17.5% |
| Precision and medical instruments | 2.8% | 5.7% |
| Oil, gas and coal | 10% | 5% |
| Beverages and spirits | 0.72% | 2.2% |
| Furniture and lighting | 1.9% | 2.2% |
| Plastics | 1.8% | 1.8% |
| Other | 32.8% | 21.3% |
Who it trades with
The United States went from 76% to 61% of Mexico's trade
% of total trade (exports + imports) with each partner.
- United States 61%
- China 11%
- Canada 3%
- Germany 2%
- South Korea 2%
Source: CEPII BACI
Show the numbers
| Partner | 1995 | 2024 |
|---|---|---|
| United States | 76% | 60.9% |
| China | 0.47% | 10.6% |
| Canada | 3.3% | 3.5% |
| Germany | 2% | 2.5% |
| South Korea | 0.82% | 2.2% |
Production hubs
Largest industrial emission sources (Climate TRACE, 2025)
- Salinas - Sureste basin (conventional onshore)
- Salinas - Sureste basin (conventional offshore)
- Salinas - Sureste basin (heavy oil)
Largest economic production hubs (gridded GDP, 2024)
- Mexico City
- Monterrey
- Guadalajara
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Climate TRACE · CC BY 4.0 (emissions by asset; the 3 largest per country are shown)
- Kummu et al., gridded GDP · CC BY 4.0 (hubs aggregated by this site)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.