2023
Exports
$5.36BWorld Rnk 11 / 222
Flag Rnk 20 / 1189
2023
PRODUCT COMPLEXITY IN Office Machine Parts
1.14Rnk 125 / 1025
2023
Imports
$15.9BWorld Rnk 4 / 226
Flag Rnk 6 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $5.36B in Office Machine Parts, making it the 11th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 20th most exported product in Mexico. The main destination of Office Machine Parts exports from Mexico are: United States ($3.82B), Canada ($289M), Germany ($130M), Netherlands ($122M), and Japan ($68.4M).

The fastest growing export markets for Office Machine Parts of Mexico between 2022 and 2023 were Ireland ($34.8M), Germany ($29.6M), and Kazakhstan ($16.9M).

Imports In 2023, Mexico imported $15.9B in Office Machine Parts, becoming the 4th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 6th most imported product in Mexico. Mexico imports Office Machine Parts primarily from: China ($5.55B), South Korea ($2.49B), Chinese Taipei ($2.45B), Thailand ($2.04B), and United States ($908M).

The fastest growing import markets in Office Machine Parts for Mexico between 2022 and 2023 were Chinese Taipei ($49.3M), United Kingdom ($24.6M), and Hungary ($10.8M).

COMPANIES In 2024, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Office Machine Parts from Mexico to the United States.

Latest Trends

Dec 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 Office Machine Parts. 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 (2023)$5.36B
IMPORTS (2023)$15.9B
NET TRADE (2023)-$10.5B

In 2023, Mexico exported $5.36B in Office Machine Parts. The main destinations of Mexico exports on Office Machine Parts were United States ($3.82B), Canada ($289M), Germany ($130M), Netherlands ($122M), and Japan ($68.4M).

In 2023, Mexico imported $15.9B in Office Machine Parts, mainly from China ($5.55B), South Korea ($2.49B), Chinese Taipei ($2.45B), Thailand ($2.04B), and United States ($908M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Ireland$34.8M (163%)
Germany$29.6M (29.4%)
Kazakhstan$16.9M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Mexico WERE (2022 - 2023):
United States-$187M (-4.67%)
Canada-$103M (-26.3%)
United Kingdom-$68.9M (-72.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Office Machine Parts were:
In 2023, Mexico's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $345M
TOP IMPORT POTENTIALChina+ $322M

Office Machine Parts’s highest export potential is United States. With an export gap of $345M.   Office Machine Parts’s highest import potential is China with an import gap of $322M.

See methodology.

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