Lifting Machinery in   Mexico

Exports In 2021, Mexico exported $461M in Lifting Machinery, making it the 18th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 141st most exported product in Mexico. The main destination of Lifting Machinery exports from Mexico are: United States ($384M), Canada ($19.5M), United Kingdom ($18.5M), Chile ($3.41M), and Netherlands ($3.24M).

The fastest growing export markets for Lifting Machinery of Mexico between 2020 and 2021 were United States ($148M), United Kingdom ($15.2M), and Sweden ($3.04M).

Imports In 2021, Mexico imported $863M in Lifting Machinery, becoming the 10th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 102nd most imported product in Mexico. Mexico imports Lifting Machinery primarily from: United States ($249M), China ($116M), Germany ($101M), Italy ($68.1M), and South Korea ($59.1M).

The fastest growing import markets in Lifting Machinery for Mexico between 2020 and 2021 were United States ($36.7M), South Korea ($33.5M), and China ($25.7M).

Tariffs In 2017, the average tariff for Mexico in Lifting Machinery was 4.78%. The countries with the highest import tariffs for Lifting Machinery were Brazil (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 12%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 10.8%), Venezuela (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 10.8%), Ecuador (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 9%), and Angola (Most Favoured Nation duty rate treatment, 5.71%).