2022
Exports
$4.49BWorld Rnk 17 / 226
Flag Rnk 22 / 1193
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$20.9BWorld Rnk 10 / 225
Flag Rnk 4 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $4.49B in Integrated Circuits, making it the 17th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 22nd most exported product in Mexico. The main destination of Integrated Circuits exports from Mexico are: United States ($2.94B), China ($361M), Hong Kong ($255M), Chinese Taipei ($214M), and Singapore ($103M).

The fastest growing export markets for Integrated Circuits of Mexico between 2021 and 2022 were United States ($421M), China ($75.9M), and Chinese Taipei ($73.9M).

Imports In 2022, Mexico imported $20.9B in Integrated Circuits, becoming the 10th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 4th most imported product in Mexico. Mexico imports Integrated Circuits primarily from: United States ($9.94B), Malaysia ($3.4B), China ($2.35B), Chinese Taipei ($1.42B), and Philippines ($717M).

The fastest growing import markets in Integrated Circuits for Mexico between 2021 and 2022 were United States ($1.1B), China ($656M), and Malaysia ($457M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (27), Robert Bosch (3), and John Deere (2) were at the forefront of shipping Integrated Circuits from Mexico to the United States.

Latest Trends

Sep 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 Integrated Circuits. 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)$4.49B
IMPORTS (2022)$20.9B
NET TRADE (2022)-$16.4B

In 2022, Mexico exported $4.49B in Integrated Circuits. The main destinations of Mexico exports on Integrated Circuits were United States ($2.94B), China ($361M), Hong Kong ($255M), Chinese Taipei ($214M), and Singapore ($103M).

In 2022, Mexico imported $20.9B in Integrated Circuits, mainly from United States ($9.94B), Malaysia ($3.4B), China ($2.35B), Chinese Taipei ($1.42B), and Philippines ($717M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$421M (16.8%)
China$75.9M (26.7%)
Chinese Taipei$73.9M (52.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Mexico WERE (2021 - 2022):
Hong Kong-$6.1M (-2.34%)
Dominican Republic-$5.55M (-45.8%)
Panama-$2.52M (-84.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Integrated Circuits were:
In 2022, Mexico's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $628M
TOP IMPORT POTENTIALChina+ $1.05B

Integrated Circuits’s highest export potential is United States. With an export gap of $628M.   Integrated Circuits’s highest import potential is China with an import gap of $1.05B.

See methodology.

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