Exports In 2022, Mexico exported $16.6B in Insulated Wire, making it the 2nd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 6th most exported product in Mexico. The main destination of Insulated Wire exports from Mexico are: United States ($15.3B), Canada ($321M), Nicaragua ($175M), Honduras ($102M), and Guatemala ($75.2M).
The fastest growing export markets for Insulated Wire of Mexico between 2021 and 2022 were United States ($2.28B), Canada ($95.1M), and Honduras ($23.3M).
Imports In 2022, Mexico imported $8.28B in Insulated Wire, becoming the 3rd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 8th most imported product in Mexico. Mexico imports Insulated Wire primarily from: United States ($4.51B), China ($1.8B), Nicaragua ($617M), South Korea ($234M), and Honduras ($187M).
The fastest growing import markets in Insulated Wire for Mexico between 2021 and 2022 were United States ($950M), China ($340M), and Honduras ($139M).
COMPANIES In 2023, leading companies such as Tesla (90), Robert Bosch (17), and TE Connectivity (6) were at the forefront of shipping Insulated Wire from Mexico to the United States.