2022
Exports
$682MWorld Rnk 19 / 213
Flag Rnk 118 / 1193
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
1.09Rnk 140 / 1025
2022
Imports
$2.81BWorld Rnk 15 / 221
Flag Rnk 38 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $682M in Semiconductor Devices, making it the 19th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 118th most exported product in Mexico. The main destination of Semiconductor Devices exports from Mexico are: United States ($471M), Germany ($44.4M), Japan ($37.4M), China ($19.1M), and Singapore ($13.1M).

The fastest growing export markets for Semiconductor Devices of Mexico between 2021 and 2022 were Germany ($10M), Vietnam ($5.58M), and Thailand ($4.68M).

Imports In 2022, Mexico imported $2.81B in Semiconductor Devices, becoming the 15th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 38th most imported product in Mexico. Mexico imports Semiconductor Devices primarily from: United States ($1.02B), China ($728M), Singapore ($317M), Malaysia ($251M), and Philippines ($119M).

The fastest growing import markets in Semiconductor Devices for Mexico between 2021 and 2022 were Singapore ($76.6M), Chinese Taipei ($27.7M), and Germany ($6.53M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (2) were at the forefront of shipping Semiconductor Devices from Mexico to the United States.

Latest Trends

Oct 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 Semiconductor Devices. 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)$682M
IMPORTS (2022)$2.81B
NET TRADE (2022)-$2.13B

In 2022, Mexico exported $682M in Semiconductor Devices. The main destinations of Mexico exports on Semiconductor Devices were United States ($471M), Germany ($44.4M), Japan ($37.4M), China ($19.1M), and Singapore ($13.1M).

In 2022, Mexico imported $2.81B in Semiconductor Devices, mainly from United States ($1.02B), China ($728M), Singapore ($317M), Malaysia ($251M), and Philippines ($119M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Germany$10M (29.2%)
Vietnam$5.58M (262%)
Thailand$4.68M (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Mexico WERE (2021 - 2022):
United States-$43.3M (-8.43%)
Japan-$26.8M (-41.8%)
South Korea-$19M (-63.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Semiconductor Devices were:
China $70.2B
Japan $9.88B
In 2022, Mexico's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $228M
TOP IMPORT POTENTIALChina+ $273M

Semiconductor Devices’s highest export potential is United States. With an export gap of $228M.   Semiconductor Devices’s highest import potential is China with an import gap of $273M.

See methodology.

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