Air Conditioners in Mexico 2020 Exports | Imports : $4.11B | $955M, World Rnk 3 / 191 Rnk 18 / 1179 | World Rnk 13 / 222 Rnk 75 / 1207
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.18M | $3.72M, China | Canada
2020 ECONOMIC COMPLEXITY of Mexico: 1.15, Rnk 21 / 127
2020 PRODUCT COMPLEXITY IN Air Conditioners: 0.36, Rnk 423 / 1029
Exports In 2020, Mexico exported $4.11B in Air Conditioners, making it the 3rd largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 18th most exported product in Mexico. The main destination of Air Conditioners exports from Mexico are: United States ($3.96B), Canada ($46.9M), United Arab Emirates ($21.9M), China ($18M), and Brazil ($11.6M).
The fastest growing export markets for Air Conditioners of Mexico between 2019 and 2020 were China ($2.18M), United Arab Emirates ($1.31M), and Colombia ($752k).
Imports In 2020, Mexico imported $955M in Air Conditioners, becoming the 13th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 75th most imported product in Mexico. Mexico imports Air Conditioners primarily from: China ($519M), United States ($336M), South Korea ($21.4M), Thailand ($13.5M), and Japan ($10.5M).
The fastest growing import markets in Air Conditioners for Mexico between 2019 and 2020 were Canada ($3.72M), Netherlands ($1.51M), and Thailand ($1.5M).
Tariffs In 2017, the average tariff for Mexico in Air Conditioners was 4.18%. The countries with the highest import tariffs for Air Conditioners were Brazil (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 9.33%), Argentina (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 8%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 7.2%), Venezuela (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 7.2%), and Ecuador (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 6%).
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 Air Conditioners. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $4.11B
IMPORTS (2020): $955M
NET TRADE (2020): $3.15B
In 2020, Mexico exported $4.11B in Air Conditioners. The main destinations of Mexico exports on Air Conditioners were United States ($3.96B), Canada ($46.9M), United Arab Emirates ($21.9M), China ($18M), and Brazil ($11.6M).
In 2020, Mexico imported $955M in Air Conditioners, mainly from China ($519M), United States ($336M), South Korea ($21.4M), Thailand ($13.5M), and Japan ($10.5M).
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Mexico WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Mexico WERE (2019 - 2020):
In 2020, Mexico's main exporting competitors in Air Conditioners were:
In 2020, Mexico's main importing competitors in Air Conditioners were:
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