2023
Exports
$111BWorld Rnk 9 / 226
Flag Rnk 2 / 96
2023
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.73Rnk 19 / 1025
2023
Imports
$116BWorld Rnk 6 / 226
Flag Rnk 1 / 96
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $111B in Electrical machinery and electronics, making it the 9th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most exported product in Mexico. The main destination of Electrical machinery and electronics exports from Mexico are: United States ($86.1B), Canada ($5.3B), China ($3.58B), Germany ($1.75B), and Japan ($1B).

The fastest growing export markets for Electrical machinery and electronics of Mexico between 2022 and 2023 were United States ($5.62B), India ($439M), and Netherlands ($186M).

Imports In 2023, Mexico imported $116B in Electrical machinery and electronics, becoming the 6th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 1st most imported product in Mexico. Mexico imports Electrical machinery and electronics primarily from: China ($37.9B), United States ($28.3B), Malaysia ($8.01B), Chinese Taipei ($6.72B), and Vietnam ($5.78B).

The fastest growing import markets in Electrical machinery and electronics for Mexico between 2022 and 2023 were China ($6.11B), Vietnam ($2.53B), and United States ($2.3B).

Latest Trends

Jan 2025

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 Electrical machinery and electronics. 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)$111B
IMPORTS (2023)$116B
NET TRADE (2023)-$5.19B

In 2023, Mexico exported $111B in Electrical machinery and electronics. The main destinations of Mexico exports on Electrical machinery and electronics were United States ($86.1B), Canada ($5.3B), China ($3.58B), Germany ($1.75B), and Japan ($1B).

In 2023, Mexico imported $116B in Electrical machinery and electronics, mainly from China ($37.9B), United States ($28.3B), Malaysia ($8.01B), Chinese Taipei ($6.72B), and Vietnam ($5.78B).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$5.62B (6.98%)
India$439M (252%)
Netherlands$186M (26.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Mexico WERE (2022 - 2023):
Chinese Taipei-$593M (-62.8%)
China-$482M (-11.9%)
South Korea-$437M (-75.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Mexico's main exporting competitors in Electrical machinery and electronics were:
In 2023, Mexico's main importing competitors in Electrical machinery and electronics were:

Explore Visualizations

Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.4B
TOP IMPORT POTENTIALChina+ $3.99B

Electrical machinery and electronics’s highest export potential is United States. With an export gap of $4.4B.   Electrical machinery and electronics’s highest import potential is China with an import gap of $3.99B.

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