Exporter Rank

11 / 138

Importer Rank

12 / 138

Trade Balance Rank

112 / 138

Total Trade [1]

Total Exports (2021) $494,595,503,435
Total Imports (2021) $506,565,459,467
Trade Balance (2021) ($11,969,956,032)
Exports of goods and services (% of GDP) (2022) [2] 43.35%
Imports of goods and services (% of GDP) (2022) [2] 46.13%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $386,086,717,587
Canada $12,895,260,598
China $9,078,868,364
Germany $7,427,419,377
Japan $3,977,213,965
Brazil $3,472,995,842
Colombia $3,365,581,358
South Korea $3,308,495,172
United Kingdom $2,991,725,695
Guatemala $2,422,926,131

Import Partners

Top 10 Import Countries

Country Import USD$
United States $221,311,735,897
China $101,020,778,949
South Korea $18,963,156,999
Germany $17,214,364,747
Japan $17,078,967,078
Malaysia $12,390,983,317
Canada $11,224,332,798
Brazil $8,718,415,097
Vietnam $8,608,257,200
Thailand $6,491,412,530

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(87) Motor Vehicles & Parts $115,018,306,552
(85) Electrical Machinery $87,124,735,511
(84) Industrial Machinery $85,268,563,276
(27) Oil & Mineral Fuels $27,583,940,809
(90) Precision Instruments $20,647,439,912
(39) Plastics $11,401,428,016
(94) Furniture $11,065,214,137
(22) Beverages $10,011,718,350
(71) Precious Stones & Metals $9,306,646,564
(07) Vegetables $8,597,333,545

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $101,161,204,496
(84) Industrial Machinery $79,134,702,133
(27) Oil & Mineral Fuels $43,041,780,820
(87) Motor Vehicles & Parts $39,136,391,998
(39) Plastics $29,733,124,000
(90) Precision Instruments $20,654,850,519
(99) Items nesoi $20,386,896,799
(72) Iron & Steel $17,722,911,956
(73) Iron & Steel Articles $11,051,743,184
(29) Organic Chemicals $10,704,035,742

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
Mexico