2023
Exports
$4.56BWorld Rnk 4 / 217
Flag Rnk 26 / 1189
2023
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.46Rnk 52 / 1025
2023
Imports
$2.07BWorld Rnk 6 / 225
Flag Rnk 52 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $4.56B in Other Electrical Machinery, making it the 4th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 26th most exported product in Mexico. The main destination of Other Electrical Machinery exports from Mexico are: United States ($4.11B), Canada ($132M), Thailand ($58.5M), China ($44.3M), and United Kingdom ($17.4M).

The fastest growing export markets for Other Electrical Machinery of Mexico between 2022 and 2023 were United States ($957M), Canada ($26.9M), and Thailand ($24.9M).

Imports In 2023, Mexico imported $2.07B in Other Electrical Machinery, becoming the 6th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 52nd most imported product in Mexico. Mexico imports Other Electrical Machinery primarily from: United States ($983M), China ($552M), Japan ($71.9M), South Korea ($57.9M), and Canada ($52.1M).

The fastest growing import markets in Other Electrical Machinery for Mexico between 2022 and 2023 were United States ($190M), China ($90.7M), and Poland ($43.4M).

COMPANIES In 2024, leading companies such as Nissan (1) were at the forefront of shipping Other Electrical Machinery from Mexico to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Other Electrical Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$4.56B
IMPORTS (2023)$2.07B
NET TRADE (2023)$2.48B

In 2023, Mexico exported $4.56B in Other Electrical Machinery. The main destinations of Mexico exports on Other Electrical Machinery were United States ($4.11B), Canada ($132M), Thailand ($58.5M), China ($44.3M), and United Kingdom ($17.4M).

In 2023, Mexico imported $2.07B in Other Electrical Machinery, mainly from United States ($983M), China ($552M), Japan ($71.9M), South Korea ($57.9M), and Canada ($52.1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$957M (30.3%)
Canada$26.9M (25.6%)
Thailand$24.9M (74.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Mexico WERE (2022 - 2023):
South Korea-$26.4M (-76.9%)
Brazil-$4.45M (-23.9%)
Czechia-$2.33M (-47.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Mexico's main exporting competitors in Other Electrical Machinery were:
In 2023, Mexico's main importing competitors in Other Electrical Machinery were:

Explore Visualizations

Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $151M
TOP IMPORT POTENTIALChina+ $106M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $151M.   Other Electrical Machinery’s highest import potential is China with an import gap of $106M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with