Mexico import Statistics

Mexico Import Data

The United Mexican States is another name for Mexico. Situated in the southern region of North America is this nation. The Gulf of Mexico, the United States, and Guatemala are some of the nations that border Mexico. The Caribbean Sea and the Pacific Ocean surround the nation. In the dynamic world of international trade, Mexico has emerged as a major player in import trade activities. To stay ahead in this competitive landscape, businesses need access to reliable and up-to-date information. Gain insights into the nuances of Mexico's import data and shipment data, with a specific focus on the trends and insights for the year 2023. According to the Mexico trade statistics and Mexico import shipment data, the country is ranked 12th as an importer of goods worldwide. 

According to the Mexico import data, Mexico’s imports accounted for $621.5 billion in 2023, with an increase of 3% from the previous year. Based on Mexico shipment data, Mexico’s biggest import is Electrical machinery and equipment, while the USA is its biggest import partner, as per Mexico import shipment data. Mexico’s total GDP is $1.79 trillion, with a GDP import share of 37.92%. Mexico's trade activities have a huge impact on the market, as Mexico is a part of trading blocs such as NAFTA, WTO, APEC, and OECD. Let's explore how Mexico import statistics included in the Mexico customs data can help businesses make informed decisions and unlock new opportunities.

 Mexico Import Data & Statistics | Latest Mexico Imports Report

12

The country has been ranked 12th in global imports, showing a significant position in the international trade landscape.

2.5%

With a mere 1.97% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

USA

The USA holds a significant role as the largest import partner of the country in terms of goods imports.

ELECTRICAL MACHINERY AND EQUIPMENT

Electrical machinery and equipment the major and biggest import commodities of the country, playing a vital role in its economy.

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import

Top 10 Imports of Mexico: Mexico Imports by HS Code

Mexico, with its vibrant economy and strategic geographic location, relies on a multitude of imports to fuel its diverse industries. The top 10 imports of Mexico based on Mexico’s customs data and Mexico trade data, highlight the country's dependency on various essential goods and commodities. The top 10 imports of Mexico according to Mexico import statistics and Mexico trade data in 2023 are:

  • Electrical machinery and equipment (HS code 85): 20.27% ($121.33 billion) 
  • Nuclear reactors and machinery (HS code 84): 15.99% ($95.71 billion)  
  • Vehicles (HS code 87): 10.24% ($61.27 billion)  
  • Mineral fuels and oils (HS code 27): 7.23% ($43.24 billion) 
  • Plastics and articles thereof (HS code 39): 5.13% ($30.71 billion)  
  • Iron and steel (HS code 72): 3.6% ($21.54 billion) 
  • Optical, medical, or surgical instruments (HS code 90): 2.75% (16.47 billion US$) 
  • Articles of iron or steel (HS code 73): 2.19% (13.10 billion US$) 
  • Organic Chemicals (HS code 29): 1.84% ($11.03 billion)  
  • Miscellaneous chemical products (HS code 38): 1.74% ($10.39 billion)
  • Partners

    Top 10 Import Partners of Mexico: Mexico Imports by HS Code

    Additionally, Mexico's top 10 import partners play a crucial role in ensuring a steady supply of these goods. Countries like the United States, China, Korea, and Germany lead the charge by providing the largest share of Mexico's overall imports. Mexico’s top 10 import partners in 2023 based on Mexico customs data and Mexico import shipment data include:

    Value In Percentage(%)

  • USA: 42.8% (255.93 billion US$)
  • China: 19.1% (114.18 billion US$)
  • Germany: 3.5% (21.23 billion US$)
  • Japan: 3.4% (20.61 billion US$)
  • South Korea: 3.3% (19.49 billion US$)
  • Taiwan: 2.4% (14.31 billion US$)
  • Brazil: 2.2% (13.41 billion US$)
  • Canada: 2.2% (13.09 billion US$)
  • Malaysia: 2% (11.99 billion US$)
  • Vietnam: 1.9% (11.58 billion US$)
  • Sample Data

    What is Mexico Customs Data for Imports?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Mexico's import data or Customs data provides detailed information about the goods and products imported into the country from various countries around the world. It includes crucial details such as importers' names, product descriptions, quantity, value, country of origin, port of entry, and other important data points. This data is compiled by government authorities and regulatory bodies to ensure transparency and legality in international trade. Accurate and timely access to Mexico's import data is crucial for businesses involved in international trade. According to the Mexico customs data for 2023, Mexico’s imports accounted for $621.5 billion. The information provided to you about the Mexico import data and Mexico shipment data is highly helpful and informative. All of the information in our customs database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. Shipment trade data from Mexico or Mexico trade data includes several fields, such as HS codes, product descriptions, quantities and prices, port names, and currency values.  So, as you can see for Mexico import-export data, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data for Mexico import-export data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data or customs data looks like as a whole, with complete details.

    Benefits

    Benefits of the Mexico Import Data

  • Locate Legitimate Mexican Purchasers, review the Mexican Importers List, and deliver your goods to the top Mexican businesses.
  • Track the Shipments of Competitors.
  • Examine the shipment information of your rivals to outperform them in the marketplace.
  • Grow your company per the import market in Mexico.
  • Examine the import market in Mexico.
  • You’ll receive the name and address of the importer/exporter in our reports.
  • Frequently Asked Questions!!

    According to Mexico trade statistics, the total value of Mexico's imports in 2023 is $621.5 billion.

    Mexico import data or customs data provides detailed information about the goods and products imported into the country from various countries around the world.

    According to the Mexico-China trade data and Mexico trade records, Mexico’s top 10 imports from China in 2023 include:

    • Electrical machinery and equipment: $39.82 billion
    • Nuclear reactors and machinery: $21.70 billion
    • Vehicles: $10.89 billion
    • Plastics and articles thereof: $3.82 billion
    • Optical, medical, or surgical instruments: $2.32 billion
    • Aluminum and articles thereof: $2.29 billion
    • Articles of iron or steel: $2.27 billion
    • Rubber and articles thereof: $1.92 billion
    • Organic chemicals: $1.79 billion
    • Furniture, bedding, and mattresses: $1.78 billion

    The USA was the top import partner of Mexico in 2023 according to Mexico trade activities.

    According to the Mexico-US trade data and Mexico trade activities, Mexico’s top 10 imports from the US in 2023 include:

    • Mineral fuels and oils: $38.90 billion
    • Nuclear reactors and machinery: $34.86 billion
    • Vehicles: $25.37 billion
    • Electrical machinery and equipment: $25.12 billion
    • Plastics and articles thereof: $19.25 billion
    • Optical, medical, or surgical instruments: $7.51 billion
    • Iron and Steel: $7.41 billion
    • Miscellaneous chemical products: $6.80 billion
    • Cereals: $6.66 billion
    • Organic Chemicals: $6.46 billion

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