2023
Exports
$317MWorld Rnk 11 / 137
Flag Rnk 193 / 1189
2023
PRODUCT COMPLEXITY IN Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
0.88Rnk 213 / 1025
2023
Imports
$114MWorld Rnk 20 / 204
Flag Rnk 433 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $317M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 11th largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 193rd most exported product in Mexico. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from Mexico are: United States ($239M), Malaysia ($20.2M), Chile ($15.7M), Canada ($9.71M), and Peru ($6.83M).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of Mexico between 2022 and 2023 were United States ($43.7M), Chile ($12.3M), and Malaysia ($9.72M).

Imports In 2023, Mexico imported $114M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 20th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 433rd most imported product in Mexico. Mexico imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: United States ($40.5M), China ($29.2M), Brazil ($19.3M), United Kingdom ($17.9M), and Japan ($3.26M).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for Mexico between 2022 and 2023 were United States ($16.6M), United Kingdom ($11.1M), and China ($7.91M).

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 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). 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)$317M
IMPORTS (2023)$114M
NET TRADE (2023)$203M

In 2023, Mexico exported $317M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of Mexico exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were United States ($239M), Malaysia ($20.2M), Chile ($15.7M), Canada ($9.71M), and Peru ($6.83M).

In 2023, Mexico imported $114M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from United States ($40.5M), China ($29.2M), Brazil ($19.3M), United Kingdom ($17.9M), and Japan ($3.26M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$43.7M (22.4%)
Chile$12.3M (372%)
Malaysia$9.72M (92.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY Mexico WERE (2022 - 2023):
Australia-$6.96M (-69.3%)
India-$1.21M (-30.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:
China $1.92B
Germany $1.21B
In 2023, Mexico's main importing competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:

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Trade Value of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.24M
TOP IMPORT POTENTIALChina+ $4.23M

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is United States. With an export gap of $6.24M.   Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is China with an import gap of $4.23M.

See methodology.

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