Exports In 2022, Mexico exported $48.4B in Cars, making it the 5th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Mexico. The main destination of Cars exports from Mexico are: United States ($34.1B), Germany ($3.61B), Canada ($3.59B), Belgium ($1.15B), and United Kingdom ($911M).
The fastest growing export markets for Cars of Mexico between 2021 and 2022 were United States ($7.25B), United Kingdom ($743M), and Canada ($605M).
Imports In 2022, Mexico imported $11.4B in Cars, becoming the 16th largest importer of Cars in the world. At the same year, Cars was the 7th most imported product in Mexico. Mexico imports Cars primarily from: United States ($3.35B), China ($2.23B), Japan ($1.12B), India ($941M), and Brazil ($685M).
The fastest growing import markets in Cars for Mexico between 2021 and 2022 were China ($1.43B), United States ($606M), and Japan ($314M).
COMPANIES In 2023, leading companies such as Volkswagen (321), General Motors (166), and Mazda (116) were at the forefront of shipping Cars from Mexico to the United States.