2022
Exports
$2.93BWorld Rnk 6 / 216
Flag Rnk 33 / 1193
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$1.69BWorld Rnk 9 / 224
Flag Rnk 62 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $2.93B in Other Electrical Machinery, making it the 6th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 33rd most exported product in Mexico. The main destination of Other Electrical Machinery exports from Mexico are: United States ($2.73B), China ($29.8M), Canada ($16.9M), Germany ($14M), and Thailand ($12.3M).

The fastest growing export markets for Other Electrical Machinery of Mexico between 2021 and 2022 were United States ($659M), Thailand ($7.26M), and United Kingdom ($3.28M).

Imports In 2022, Mexico imported $1.69B in Other Electrical Machinery, becoming the 9th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 62nd most imported product in Mexico. Mexico imports Other Electrical Machinery primarily from: United States ($927M), China ($463M), Germany ($45.6M), Canada ($32.2M), and Chinese Taipei ($32M).

The fastest growing import markets in Other Electrical Machinery for Mexico between 2021 and 2022 were United States ($128M), Chinese Taipei ($12.5M), and Germany ($9.94M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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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 Other Electrical Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.93B
IMPORTS (2022)$1.69B
NET TRADE (2022)$1.24B

In 2022, Mexico exported $2.93B in Other Electrical Machinery. The main destinations of Mexico exports on Other Electrical Machinery were United States ($2.73B), China ($29.8M), Canada ($16.9M), Germany ($14M), and Thailand ($12.3M).

In 2022, Mexico imported $1.69B in Other Electrical Machinery, mainly from United States ($927M), China ($463M), Germany ($45.6M), Canada ($32.2M), and Chinese Taipei ($32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$659M (31.8%)
Thailand$7.26M (145%)
United Kingdom$3.28M (62.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Mexico WERE (2021 - 2022):
Germany-$23M (-62.2%)
Brazil-$14M (-71%)
South Korea-$10.3M (-57.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Other Electrical Machinery were:
In 2022, Mexico's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $151M
TOP IMPORT POTENTIALChina+ $106M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $151M.   Other Electrical Machinery’s highest import potential is China with an import gap of $106M.

See methodology.

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