Motor vehicles; parts and accessories (8701 to 8705) in   Mexico

Exports In 2023, Mexico exported $41.1B in Motor vehicles; parts and accessories (8701 to 8705), making it the 3rd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 2nd most exported product in Mexico. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Mexico are: United States ($35.2B), Canada ($1.94B), China ($854M), Brazil ($727M), and South Korea ($345M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Mexico between 2022 and 2023 were United States ($3.88B), Canada ($327M), and Uzbekistan ($101M).

Imports In 2023, Mexico imported $32.5B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 3rd largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 1st most imported product in Mexico. Mexico imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: United States ($17.7B), China ($3.99B), Germany ($2.6B), Japan ($1.75B), and Canada ($1.3B).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Mexico between 2022 and 2023 were United States ($2.02B), Germany ($272M), and Japan ($232M).

COMPANIES In 2024, leading companies such as ZF Friedrichshafen (209), Volkswagen (112), and Schaeffler Group (107) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Mexico to the United States.