2022
Exports
$1.58BWorld Rnk 10 / 186
Flag Rnk 59 / 1193
2022
PRODUCT COMPLEXITY IN Combustion Engines
1.13Rnk 126 / 1025
2022
Imports
$5.75BWorld Rnk 2 / 220
Flag Rnk 10 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $1.58B in Combustion Engines, making it the 10th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 59th most exported product in Mexico. The main destination of Combustion Engines exports from Mexico are: United States ($1.43B), Canada ($52.7M), China ($38.3M), India ($22.3M), and Brazil ($9.49M).

The fastest growing export markets for Combustion Engines of Mexico between 2021 and 2022 were China ($29.8M), India ($15.3M), and Canada ($8.87M).

Imports In 2022, Mexico imported $5.75B in Combustion Engines, becoming the 2nd largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 10th most imported product in Mexico. Mexico imports Combustion Engines primarily from: United States ($5.1B), Hungary ($291M), Germany ($164M), Brazil ($82.2M), and Austria ($20.4M).

The fastest growing import markets in Combustion Engines for Mexico between 2021 and 2022 were United States ($221M), Hungary ($47.9M), and Germany ($16.5M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (2) and John Deere (2) were at the forefront of shipping Combustion Engines from Mexico to the United States.

Latest Trends

Oct 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 Combustion Engines. 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)$1.58B
IMPORTS (2022)$5.75B
NET TRADE (2022)-$4.17B

In 2022, Mexico exported $1.58B in Combustion Engines. The main destinations of Mexico exports on Combustion Engines were United States ($1.43B), Canada ($52.7M), China ($38.3M), India ($22.3M), and Brazil ($9.49M).

In 2022, Mexico imported $5.75B in Combustion Engines, mainly from United States ($5.1B), Hungary ($291M), Germany ($164M), Brazil ($82.2M), and Austria ($20.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
China$29.8M (350%)
India$15.3M (218%)
Canada$8.87M (20.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Mexico WERE (2021 - 2022):
United States-$29.7M (-2.04%)
Germany-$1.63M (-75.3%)
Brazil-$1.18M (-11.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Combustion Engines were:
In 2022, Mexico's main importing competitors in Combustion Engines were:

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $39.5M
TOP IMPORT POTENTIALGermany+ $65.8M

Combustion Engines’s highest export potential is China. With an export gap of $39.5M.   Combustion Engines’s highest import potential is Germany with an import gap of $65.8M.

See methodology.

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