HS Icon Electrical Control Boards in  Flag Mexico

2021
Exports | Imports
: $5.52B | $1.93B, World Rnk 3 / 213
Flag Rnk 14 / 1184 | World Rnk 5 / 224
Flag Rnk 52 / 1205

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $569M | $157M, United States |  United States

2021
ECONOMIC COMPLEXITY of Mexico
: 1.09, Rnk 23 / 131

2021
PRODUCT COMPLEXITY IN Electrical Control Boards
: 0.52, Rnk 362 / 1024

Exports In 2021, Mexico exported $5.52B in Electrical Control Boards, making it the 3rd largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 14th most exported product in Mexico. The main destination of Electrical Control Boards exports from Mexico are: United States ($5.01B), China ($92M), Germany ($79M), Brazil ($46.7M), and Canada ($37.7M).

The fastest growing export markets for Electrical Control Boards of Mexico between 2020 and 2021 were United States ($569M), China ($34.9M), and Brazil ($22M).

Imports In 2021, Mexico imported $1.93B in Electrical Control Boards, becoming the 5th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 52nd most imported product in Mexico. Mexico imports Electrical Control Boards primarily from: United States ($1.02B), China ($337M), Germany ($210M), Thailand ($63M), and South Korea ($49.4M).

The fastest growing import markets in Electrical Control Boards for Mexico between 2020 and 2021 were United States ($157M), Germany ($124M), and China ($73.2M).

Jun 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Electrical Control Boards. 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 (2021): $5.52B

IMPORTS (2021): $1.93B

NET TRADE (2021): $3.58B

In 2021, Mexico exported $5.52B in Electrical Control Boards. The main destinations of Mexico exports on Electrical Control Boards were United States ($5.01B), China ($92M), Germany ($79M), Brazil ($46.7M), and Canada ($37.7M).

In 2021, Mexico imported $1.93B in Electrical Control Boards, mainly from United States ($1.02B), China ($337M), Germany ($210M), Thailand ($63M), and South Korea ($49.4M).

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THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Mexico WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Mexico WERE (2020 - 2021):

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Market Concentration

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In 2021, Mexico's main exporting competitors in Electrical Control Boards were:

In 2021, Mexico's main importing competitors in Electrical Control Boards were:

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