2023
Exports
$1.15BWorld Rnk 19 / 208
Flag Rnk 79 / 1189
2023
PRODUCT COMPLEXITY IN Semiconductor Devices
1.08Rnk 150 / 1025
2023
Imports
$4.07BWorld Rnk 11 / 223
Flag Rnk 23 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $1.15B in Semiconductor Devices, making it the 19th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 79th most exported product in Mexico. The main destination of Semiconductor Devices exports from Mexico are: United States ($651M), China ($115M), Germany ($110M), Japan ($66M), and Chinese Taipei ($56.8M).

The fastest growing export markets for Semiconductor Devices of Mexico between 2022 and 2023 were United States ($203M), Chinese Taipei ($25.8M), and Israel ($25.8M).

Imports In 2023, Mexico imported $4.07B in Semiconductor Devices, becoming the 11th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 23rd most imported product in Mexico. Mexico imports Semiconductor Devices primarily from: China ($1.49B), Singapore ($515M), Malaysia ($464M), United States ($415M), and Japan ($294M).

The fastest growing import markets in Semiconductor Devices for Mexico between 2022 and 2023 were China ($346M), Japan ($167M), and Singapore ($165M).

COMPANIES In 2024, leading companies such as Nissan (2) were at the forefront of shipping Semiconductor Devices 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 Semiconductor Devices. 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)$1.15B
IMPORTS (2023)$4.07B
NET TRADE (2023)-$2.93B

In 2023, Mexico exported $1.15B in Semiconductor Devices. The main destinations of Mexico exports on Semiconductor Devices were United States ($651M), China ($115M), Germany ($110M), Japan ($66M), and Chinese Taipei ($56.8M).

In 2023, Mexico imported $4.07B in Semiconductor Devices, mainly from China ($1.49B), Singapore ($515M), Malaysia ($464M), United States ($415M), and Japan ($294M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$203M (45.4%)
Chinese Taipei$25.8M (83.3%)
Israel$25.8M (8.99k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Mexico WERE (2022 - 2023):
Japan-$42M (-38.9%)
China-$38.2M (-25%)
South Korea-$23.7M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Semiconductor Devices were:
China $62.3B
Japan $9.09B
In 2023, Mexico's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $228M
TOP IMPORT POTENTIALChina+ $273M

Semiconductor Devices’s highest export potential is United States. With an export gap of $228M.   Semiconductor Devices’s highest import potential is China with an import gap of $273M.

See methodology.

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