2022
Exports | Imports
$672M | $1.34BWorld Rnk 15 / 214
Flag Rnk 119 / 1193
World Rnk 14 / 222
Flag Rnk 82 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 21 / 124
2022
PRODUCT COMPLEXITY IN Telephones
0.49Rnk 381 / 1025

About

Exports In 2022, Mexico exported $672M in Telephones, making it the 15th largest exporter of Telephones in the world. At the same year, Telephones was the 119th most exported product in Mexico. The main destination of Telephones exports from Mexico are: United States ($358M), South Korea ($74.5M), Canada ($29.4M), Germany ($27.3M), and Australia ($26.1M).

The fastest growing export markets for Telephones of Mexico between 2021 and 2022 were South Korea ($41.2M), Philippines ($15.4M), and Australia ($8.95M).

Imports In 2022, Mexico imported $1.34B in Telephones, becoming the 14th largest importer of Telephones in the world. At the same year, Telephones was the 82nd most imported product in Mexico. Mexico imports Telephones primarily from: China ($636M), United States ($451M), Chinese Taipei ($88.1M), Thailand ($50.1M), and South Korea ($21.8M).

The fastest growing import markets in Telephones for Mexico between 2021 and 2022 were Thailand ($26.1M), South Korea ($4.46M), and Israel ($3.41M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Telephones from Mexico to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Telephones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$672M
IMPORTS (2022)$1.34B
NET TRADE (2022)-$665M

In 2022, Mexico exported $672M in Telephones. The main destinations of Mexico exports on Telephones were United States ($358M), South Korea ($74.5M), Canada ($29.4M), Germany ($27.3M), and Australia ($26.1M).

In 2022, Mexico imported $1.34B in Telephones, mainly from China ($636M), United States ($451M), Chinese Taipei ($88.1M), Thailand ($50.1M), and South Korea ($21.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
South Korea$41.2M (124%)
Philippines$15.4M (810%)
Australia$8.95M (52.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Mexico WERE (2021 - 2022):
United States-$535M (-59.9%)
Netherlands-$41.4M (-80.9%)
China-$26.8M (-81.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Telephones were:
In 2022, Mexico's main importing competitors in Telephones were:
China $21.3B
Vietnam $9.43B

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Trade Value of Telephones by Exporters

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