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

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 General Motors (214), ZF Friedrichshafen (187), and Schaeffler Group (125) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Mexico to the United States.