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Who buys Mexico’s medicines? Export destinations 2024

In 2024, Mexico exported $2.1 billion of medicines (510 thousand tonnes), 0.4% of the world total. Its main destinations were the United States (36%), Colombia (12%) and Canada (11%). Mexico was the world’s 25th-largest exporter of medicines.

Summary

Value
$2.1billion
Tonnes
510thousand tonnes
Share of world total
0.4%
World rank
25th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
United States735Tonnes: 337,660USD per tonne: $2,17835.6%Land
Colombia238Tonnes: 67,467USD per tonne: $3,52311.5%Sea
Canada228Tonnes: 1,331USD per tonne: $171,20811%Air
Guatemala98.4Tonnes: 45,750USD per tonne: $2,1504.8%Land
Chile93.1Tonnes: 5,297USD per tonne: $17,5704.5%Sea
Brazil87.3Tonnes: 1,694USD per tonne: $51,5554.2%Air
El Salvador81Tonnes: 17,075USD per tonne: $4,7423.9%Sea
Ecuador67.5Tonnes: 1,745USD per tonne: $38,6973.3%Sea
Panama60.8Tonnes: 3,528USD per tonne: $17,2312.9%Sea
Honduras56.6Tonnes: 2,823USD per tonne: $20,0632.7%Sea
Peru41Tonnes: 666USD per tonne: $61,6612%Air
Dominican Republic41Tonnes: 1,843USD per tonne: $22,2652%Sea
Costa Rica38.3Tonnes: 1,840USD per tonne: $20,8301.9%Sea
Nicaragua31.9Tonnes: 5,872USD per tonne: $5,4271.5%Sea
Germany16Tonnes: 3,479USD per tonne: $4,6010.77%Sea
Argentina16Tonnes: 2,507USD per tonne: $6,3730.77%Sea
Uruguay12.3Tonnes: 163USD per tonne: $75,3600.59%Air
Australia10.4Tonnes: 66USD per tonne: $157,1660.5%Air
United Kingdom8.1Tonnes: 963USD per tonne: $8,4640.39%Sea
Trinidad and Tobago7.8Tonnes: 116USD per tonne: $67,3090.38%Air

Trend

Who it sells to

The United States has been its main destination since 2001

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

  • United States 735
  • Colombia 238
  • Canada 228
  • Guatemala 98.4
  • Chile 93.1

Source: CEPII BACI

Show the numbers
Partner19952024
United States7.4735
Colombia14.9238
Canada1.9228
Guatemala12.698.4
Chile4.493.1

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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