Exports In 2022, Mexico exported $38.1B in Motor vehicles; parts and accessories (8701 to 8705), making it the 4th 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 4th most exported product in Mexico. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Mexico are: United States ($31.8B), China ($2.64B), Canada ($1.19B), Brazil ($650M), and South Korea ($420M).
The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Mexico between 2021 and 2022 were United States ($5.16B), China ($1.72B), and Canada ($384M).
Imports In 2022, Mexico imported $29.3B 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 2nd most imported product in Mexico. Mexico imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: United States ($16.5B), China ($3.57B), Germany ($2.35B), South Korea ($1.42B), and Japan ($1.42B).
The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Mexico between 2021 and 2022 were United States ($2.43B), China ($526M), and South Korea ($270M).
COMPANIES In 2023, leading companies such as VOLKSWAGEN GROUP OF AMERICA (7.05k), NISSAN NORTH AMERICA, INC. (7.05k), and GENERAL MOTORS DO BRASIL LTDA (2.46k) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Mexico to the United States.