2023
Exports
$62MWorld Rnk 28 / 151
Flag Rnk 399 / 1189
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$409MWorld Rnk 12 / 212
Flag Rnk 214 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $62M in Buses, making it the 28th largest exporter of Buses in the world. At the same year, Buses was the 399th most exported product in Mexico. The main destination of Buses exports from Mexico are: United States ($56.5M), Guatemala ($2.52M), Costa Rica ($1.28M), Canada ($777k), and Honduras ($343k).

The fastest growing export markets for Buses of Mexico between 2022 and 2023 were United States ($41.5M), Guatemala ($2.05M), and Costa Rica ($1.28M).

Imports In 2023, Mexico imported $409M in Buses, becoming the 12th largest importer of Buses in the world. At the same year, Buses was the 214th most imported product in Mexico. Mexico imports Buses primarily from: Japan ($169M), Colombia ($81.5M), China ($73.9M), United States ($39.5M), and Turkey ($32M).

The fastest growing import markets in Buses for Mexico between 2022 and 2023 were Colombia ($69.2M), Japan ($67.1M), and China ($33.9M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Buses. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$62M
IMPORTS (2023)$409M
NET TRADE (2023)-$347M

In 2023, Mexico exported $62M in Buses. The main destinations of Mexico exports on Buses were United States ($56.5M), Guatemala ($2.52M), Costa Rica ($1.28M), Canada ($777k), and Honduras ($343k).

In 2023, Mexico imported $409M in Buses, mainly from Japan ($169M), Colombia ($81.5M), China ($73.9M), United States ($39.5M), and Turkey ($32M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$41.5M (276%)
Guatemala$2.05M (436%)
Costa Rica$1.28M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Mexico WERE (2022 - 2023):
Cuba-$210k (-100%)
Belize-$98.2k (-82.1%)
United Arab Emirates-$35.7k (-18.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Mexico's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Mexico's main importing competitors in Buses were:

Explore Visualizations

Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.77M
TOP IMPORT POTENTIALUnited States+ $10.5M

Buses’s highest export potential is United States. With an export gap of $5.77M.   Buses’s highest import potential is United States with an import gap of $10.5M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with