HS Icon Air Conditioners in  Flag Mexico

2020
Exports | Imports
: $4.11B | $955M, World Rnk 3 / 191
Flag Rnk 18 / 1179 | World Rnk 13 / 222
Flag Rnk 75 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.18M | $3.72M, China |  Canada


ECONOMIC COMPLEXITY of Mexico
: 1.15, Rnk 21 / 127


PRODUCT COMPLEXITY  IN Air Conditioners
: 0.32, Rnk 438 / 1028

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%).

Subnational Monthly Trade

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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 Air Conditioners. 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

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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).

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IN 2020, Mexico HAD A POSITIVE NET TRADE IN Air Conditioners WITH:

IN 2020, Mexico HAD A NEGATIVE NET TRADE IN Air Conditioners WITH:

Flow

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):

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Market Concentration

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In 2019, Mexico's main exporting competitors in Air Conditioners were:

In 2019, Mexico's main importing competitors in Air Conditioners were:

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Tariffs by Country

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In 2017, the average tariff for Mexico in Air Conditioners was 4.18%.

The countries with the highest tariffs for Air Conditioners in Mexico 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%).