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Who buys Mexico’s chips (integrated circuits)? Export destinations 2024

In 2024, Mexico exported $3.6 billion of chips (integrated circuits) (13 thousand tonnes), 0.4% of the world total. The United States bought 51% of the total, followed by India (10%) and Hong Kong (6%). Mexico was the world’s 18th-largest exporter of chips (integrated circuits).

Summary

Value
$3.6billion
Tonnes
13thousand tonnes
Share of world total
0.4%
World rank
18th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States1.8Tonnes: 7,947USD per tonne: $232,11050.8%Land
India0.36Tonnes: 19USD per tonne: $18,710,62810%Air
Hong Kong re-exports0.23Tonnes: 81USD per tonne: $2,833,1686.3%Air
Taiwan0.2Tonnes: 100USD per tonne: $1,957,4345.4%Air
China0.18Tonnes: 535USD per tonne: $339,9305%Air
Singapore re-exports0.14Tonnes: 72USD per tonne: $1,995,5034%Air
Malaysia0.13Tonnes: 667USD per tonne: $199,7173.7%Air
Vietnam0.07Tonnes: —USD per tonne: —1.9%Sea
South Korea0.05Tonnes: 26USD per tonne: $1,744,2231.3%Air
Germany0.04Tonnes: 101USD per tonne: $432,9001.2%Air
Netherlands re-exports0.03Tonnes: 23USD per tonne: $1,549,5160.96%Air
Hungary0.03Tonnes: 14USD per tonne: $2,508,6660.93%Air
Japan0.03Tonnes: 1,760USD per tonne: $17,1390.83%Sea
Canada0.03Tonnes: 69USD per tonne: $434,2910.83%Air
Thailand0.03Tonnes: 28USD per tonne: $1,064,1160.83%Air
Indonesia0.03Tonnes: 11USD per tonne: $2,385,2800.72%Air
Colombia0.02Tonnes: 146USD per tonne: $116,2730.47%Air
El Salvador0.01Tonnes: 24USD per tonne: $499,9710.34%Air
Brazil0.01Tonnes: 40USD per tonne: $282,0580.31%Air
Peru0.01Tonnes: 83USD per tonne: $127,7530.29%Air

Trend

Who it sells to

The United States has been its main destination since 2017

Value in USD billions. The five largest destinations in 2024.

  • United States 1.8
  • India 0.36
  • Hong Kong 0.23
  • Taiwan 0.2
  • China 0.18

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.51.8
India< 0.010.36
Hong Kong< 0.010.23
Taiwan00.2
China00.18

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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