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How dependent is Mexico on China?

In 2024, China sold $113.5 billion to Mexico, 20.6% of its imports, ranking 2nd among its suppliers. Its share was 18% in 2019 and 0.75% in 1995. In 156 products it sells more than 50% of what Mexico buys of them (in 50, more than 75%); what Mexico buys from China in those products (dominated value) adds up to $31.8 billion, 5.8% of its imports.

Summary

Share of its imports
20.6%
Value imported
$113.5billion
Rank among its suppliers
2nd
Products where it sells over 50%
156
Products where it sells over 75%
50
Dominated value
$31.8billion
Share of total imports
5.8%

Trend

Trend in shares

China went from 0.75% to 20.6% of what Mexico buys

Share (%)

  • China 20.6%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19955100.75%12
19967160.83%10
19971,2431.2%8
19981,5791.3%7
19991,8241.3%6
20002,7541.6%6
20013,8932.3%5
20026,1773.7%3
20039,1575.4%2
200411,2475.9%2
200516,8147.7%2
200623,3989.3%2
200725,6639.5%2
200831,97010.7%2
200931,02513.7%2
201043,37914.8%2
201149,94814.6%2
201256,24415.5%2
201358,77615.9%2
201457,93015.3%2
201564,01517%2
201662,43217%2
201769,07617%2
201877,32517.3%2
201978,34918%2
202069,91319%2
202186,78319.5%2
202299,89319.2%2
2023103,46018.8%2
2024113,50320.6%2

Products where China sells more than half

ProductSupplierShareSecondValue
Cameras and broadcast equipmentChina54.4%Vietnam · 7.4%$11.7 billion
Parts for broadcast equipmentChina62.3%Vietnam · 7.6%$2.3 billion
Printed circuit boardsChina74.5%South Korea · 6.2%$2.3 billion
Aluminum sheetChina54.6%United States · 33%$1.7 billion
Air conditionersChina61.2%United States · 25.6%$1.4 billion
ToysChina68.6%United States · 8.9%$841 million
Motorcycle and bicycle partsChina85.5%over 75%India · 9.5%$783 million
Electric heaters and hair dryersChina52.4%United States · 27.5%$652 million
Bags, suitcases and casesChina51.6%Vietnam · 9.7%$634 million
FurnitureChina50.8%United States · 22.9%$540 million
Lamps and light fittingsChina65.8%United States · 23%$486 million
Rubber and plastic footwearChina54.5%Vietnam · 20.5%$420 million
Synthetic filament fabricChina56.7%United States · 25.6%$393 million
Magnets and electromagnetsChina61%United States · 19.9%$352 million
Power and pneumatic hand toolsChina64.8%United States · 16.1%$348 million
Cargo and cruise shipsChina82.8%over 75%Trinidad and Tobago · 10%$322 million
Washing machinesChina51.5%Vietnam · 16.7%$309 million
Plastic tableware and household itemsChina63.6%United States · 21.3%$262 million
Petroleum jelly and paraffin waxChina76.4%over 75%United States · 19.4%$233 million
Vacuum cleanersChina59.3%United States · 7.9%$226 million
Festive and Christmas articlesChina94.1%over 75%United States · 1.7%$220 million
Mattresses, pillows and quiltsChina68.8%United States · 24.2%$193 million
Socks and tightsChina73.1%United States · 6.2%$171 million
Women's knitted underwear and pajamasChina61.5%Sri Lanka · 6.9%$160 million
Women's coats and jacketsChina58.6%Vietnam · 17.6%$149 million
Eyeglass framesChina55%Italy · 24.5%$146 million
Steel kitchenware and household articlesChina73.4%Italy · 8.3%$145 million
Vacuum flasks (thermoses)China92.7%over 75%United States · 4.7%$145 million
Men's coats and jacketsChina58.3%Vietnam · 13.7%$143 million
Heavy blended cotton fabricChina77.7%over 75%United States · 15.9%$142 million

and 126 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Mexico is China’s 9th-largest customer, with 3.2% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.