India / Mexico

Overview In November 2024, India exported $363M and imported $301M from Mexico, resulting in a positive trade balance of $62.1M. Between November 2023 and November 2024 the exports of India have decreased by $-134M (-26.9%) from $497M to $363M, while imports decreased by $-132M (-30.5%) from $433M to $301M.

Trade In November 2024, the top exports of India to Mexico were Motor Vehicle/Cars ($92.9M), Auto Components/Parts ($29.2M), Two And Three Wheelers ($15.1M), Organic Chemicals ($13.7M), and Iron And Steel ($12.6M). In November 2024 the top imports of India from Mexico were Petroleum: Crude ($339M), Computer Hardware, Peripherals ($20.3M), Telecom Instruments ($15.1M), Plastic Raw Materials ($9.86M), and Paint, Varnish And Allid Prodc ($5.96M).

Growth In November 2024, the decrease in India's year-by-year exports to Mexico was explained primarily by an decrease in product exports in Indl. Machnry For Dairy Etc ($-19.3M or -62.4%), Aluminium, Products Of Aluminm ($-14.3M or -69.2%), and Drug Formulations, Biologicals ($-10.3M or -54.2%). In November 2024, the decrease in India's year-by-year imports  from Mexico was explained primarily by an decrease in product imports  in Pumps Of All Types ($-3.39M or -75.8%), Inorganic Chemicals ($-2.32M or -85.9%), and Bulk Drugs, Drug Intermediates ($-2.22M or -53.6%).