Exports In 2023, Mexico exported $17.9B 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 ($15.7B), Canada ($866M), Nicaragua ($161M), Germany ($109M), and Guatemala ($102M).
The fastest growing export markets for Insulated Wire of Mexico between 2022 and 2023 were United States ($917M), Canada ($169M), and Germany ($57.2M).
Imports In 2023, Mexico imported $7.92B in Insulated Wire, becoming the 4th 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 ($3.77B), China ($1.88B), Nicaragua ($667M), Honduras ($195M), and Vietnam ($190M).
The fastest growing import markets in Insulated Wire for Mexico between 2022 and 2023 were Nicaragua ($135M), Vietnam ($27.3M), and Philippines ($25.9M).
COMPANIES In 2024, leading companies such as TE Connectivity (6) and Volkswagen (2) were at the forefront of shipping Insulated Wire from Mexico to the United States.