Country export capability

Mexico
export capability

A reported view of Mexico's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

MEX1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$632.1B2024 reported value
Latest imports$605.7B2024 reported value
Trade balance$26.4BExports minus imports
Export growth+5%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Mexico export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Mexico recorded $632.1B in exports and $605.7B in imports. The resulting $26.4B trade balance gives the latest country-level position a clear context.

Exports changed +5% year on year and show a calculated +8.1% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

USA, Puerto Rico and US Virgin Islands received $494.7B in reported exports, representing 78.3% of the latest country total. Vehicles was the largest displayed HS2 export sector at $164.2B and 26% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Mexico's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$1.9T2024 macro context
GDP per capita$14.2KCurrent-dollar GDP
Population130.9MReported population
Labor force61.3KReported labor force
Investment rate23.5%National investment rate
Savings rate22.5%National savings rate
Trade openness75.7%Exports + imports / GDP
Exports / GDP38.7%Merchandise exports / GDP
Secondary education77.4%Education context
Tertiary education23%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Mexico
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
USA, Puerto Rico and US Virgin IslandsUSAWatch47.7%9.5%3.1%Buyer-market concentration is the largest observed corridor exposure
CanadaCANHigh attention59.6%16.9%4.5%Buyer-market concentration is the largest observed corridor exposure
ChinaCHNHigh attention89%18.8%30.2%Tariff, distance or agreement conditions create market-access friction
BrazilBRACritical attention40.3%30.4%28.6%Volatile products account for the largest observed corridor exposure
JapanJPNCritical attention68.2%23.3%1.8%Buyer-market concentration is the largest observed corridor exposure
ColombiaCOLCritical attention44.8%37.4%9.7%Buyer-market concentration is the largest observed corridor exposure
PeruPERCritical attention55.2%33.6%13.4%Buyer-market concentration is the largest observed corridor exposure
ArgentinaARGCritical attention47.9%37.6%12.6%Volatile products account for the largest observed corridor exposure
ChileCHLCritical attention35.8%31.4%8.8%Buyer-market concentration is the largest observed corridor exposure
Switzerland, LiechtensteinCHEWatch18.5%12.6%1.5%Volatile products account for the largest observed corridor exposure

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Mexico
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 260111 · Iron ores and concentrates: non-agglomerated$111.0B$119.0B0.1%Growing -2.6%
2USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$102.4B6.9%Stable +1.1%
3ChinaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$291.6B$97.9B0.2%Growing -6.7%
4ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Growing +10.5%
5IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$71.0B1.1%Growing -0.5%
6ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Growing +20.6%
7ChinaHS6 710812 · Metals: gold, non-monetary, unwrought (but not powder)$80.8B$64.8B0.1%Accelerating +2.4%
8ChinaHS6 120190 · Soya beans: other than seed, whether or not broken$47.8B$62.4B0%Declining -13.5%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Mexico.
All HS4 export lines2024 ranking
Top HS4 export lines for Mexico
RankHS4Parent HS2 sectorExportsShareActive HS6
18703HS4 detail codeVehicles (87) ↗$65.4B10.3%14
28471HS4 detail codeMachinery (84) ↗$48.8B7.7%8
38704HS4 detail codeVehicles (87) ↗$42.6B6.7%7
48708HS4 detail codeVehicles (87) ↗$41.2B6.5%14
52709HS4 detail codeMineral fuels (27) ↗$22.1B3.5%1
68544HS4 detail codeElectrical machinery (85) ↗$18.0B2.9%8
78517HS4 detail codeElectrical machinery (85) ↗$15.9B2.5%7
89018HS4 detail codeOptical and medical instruments (90) ↗$15.8B2.5%13
98528HS4 detail codeElectrical machinery (85) ↗$11.7B1.8%9
108701HS4 detail codeVehicles (87) ↗$10.9B1.7%8
118537HS4 detail codeElectrical machinery (85) ↗$9.3B1.5%2
129401HS4 detail codeFurniture and lighting (94) ↗$8.4B1.3%13

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Mexico combines $632.1B in exports with a broad partner network.

In 2024, Mexico recorded $632.1B in reported exports and $605.7B in imports, producing a reported trade surplus of $26.4B. Exports changed +5% year on year and +8.1% annualized over three years. Vehicles (HS2 87) was the largest displayed export sector by value.

Destination network

Where Mexico exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Mexico
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1USA, Puerto Rico and US Virgin IslandsUSA$494.7B78.3%+5.6%+9.4%
2CanadaCAN$31.5B5%+1.1%+8.4%
3ChinaCHN$14.8B2.3%+1.1%+0.4%
4GermanyDEU$8.7B1.4%-12.4%+1.6%
5Republic of KoreaKOR$6.5B1%-1.6%-1%
6SpainESP$5.6B0.9%+7.8%+6.2%
7BrazilBRA$5.5B0.9%+9.5%+9.6%
8JapanJPN$5.1B0.8%+20.1%+1.1%
9United KingdomGBR$4.8B0.8%+11.2%+13.3%
10TaiwanTWN$3.9B0.6%+17.5%-5.4%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$379.1B
2014
$393.4B
2015
$384.0B
2016
$379.2B
2017
$413.4B
2018
$455.5B
2019
$466.2B
2020
$421.5B
2021
$499.9B
2022
$580.9B
2023
$602.2B
2024
$632.1B

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets55Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners3Country context
Shared-language partners24Country context
Average partner distance10,366 kmCalculated average
Partners with FTA20.4%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share48.4%

Covered value under attention

Critical share4%

Covered value marked critical

Below historical peak12.2%

Distance below route peaks

FTA-covered exports93.2%

Covered value with FTA context

Weighted tariff context0%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: High trade volatility.

Momentum score5.9

History-based indicator

Partner concentration6,163.2

Partner HHI

Product concentration140.4

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3MEX
Exports Usd$632.1B
Imports Usd$605.7B
Trade Balance Usd$26.4B
Yoy Exports Growth Pct5%
Yoy Imports Growth Pct4.5%
Exports Cagr 3y Pct8.1%
Imports Cagr 3y Pct7.4%
Export Partner Hhi6,163.2
Export Product Hhi140.4
Momentum Score5.9
Risk Score31.5
Gdp Million Usd1,856,365.62 million USD
Gdp Per Capita Usd$14.2K
Population130,861,007
Labor Force61,258.4
Investment Rate Pct23.5%
Savings Rate Pct22.5%
Secondary Education Pct77.4%
Tertiary Education Pct23%
Total Factor Productivity945.7
Trade Openness Pct75.7%
Exports Gdp Pct38.7%
Num Active Partners270
Num Fta Partners55
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners3
Num Shared Language Partners24
Avg Partner Distance Km10,366 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta20
Pct Partners Shared Language9
Pct Partners Shared Border1
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km10,171
Num Border Partners80
Num Colonial Partners25
Avg Substitution Elasticity-10.8
Pct Products High Elasticity76
Pct Products Low Elasticity3
Real Market Potential109,151.4
Foreign Market Potential10,079.6

Exposure fields

Country Iso3MEX
All History Lane Count33,031
Current Lane Count25,346
Critical Lane Count245
High Attention Lane Count4,900
High Volatility Lane Count15,719
Unrecovered Drawdown Lane Count10,938
Declining Demand Lane Count152
Concentrated Market Lane Count10,516
Access Friction Lane Count6,213
Buyer Macro Weakness Lane Count1,456
Monitored Exports Current Usd$625.8B
Attention Exports Usd$303.2B
Critical Exports Usd$25.1B
High Volatility Exports Usd$186.3B
Unrecovered Drawdown Exports Usd$54.1B
Non Fta Exports Usd$42.6B
Monitored Attention Share Pct48.4%
Monitored Critical Share Pct4%
Fta Covered Exports Share Pct93.2%
Export Weighted Volatility Cv0.9
Export Weighted Below Peak Pct12.2%
Export Weighted Distance Km4,422 km
Export Weighted Tariff Pct0%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$632.1B
Total Imports Latest Usd$605.7B
Trade Balance Latest Usd$26.4B
Exports Yoy Latest Pct5%
Exports Cagr 3y Latest Pct8.1%
Gdp Latest Million Usd1,856,365.62 million USD
Gdp Per Capita Latest Usd$14.2K
Population Latest130,861,007
Investment Rate Latest Pct23.5%
Savings Rate Latest Pct22.5%
Trade Openness Latest Pct75.7%
Exports Gdp Latest Pct38.7%
Active Partners Latest270
Fta Partners Latest55
Foreign Market Potential Latest10,079.6
Gdp 5y Cagr Pct7.3%
Gdp Per Capita 5y Cagr Pct6.5%
Population 5y Cagr Pct0.8%
Partner Hhi Latest6,163.2
Partner Top1 Share Latest Pct78.3%
Partner Top3 Share Latest Pct85.6%
Partner Hhi All Avg6,214.2
Partner Hhi All Max7,244.7
Product Hhi Latest140.4
Product Top1 Share Latest Pct5.9%
Product Top3 Share Latest Pct15.3%
Product Hhi All Avg201.1
Product Hhi All Max340.4
Total Exports Attention Share Pct48%
Total Exports Critical Share Pct4%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$77.2B$64.9B$12.3BNot reportedNot reported
1996$91.9B$78.6B$13.4B+19.1%Not reported
1997$106.2B$98.9B$7.4B+15.5%Not reported
1998$114.2B$111.0B$3.2B+7.5%+13.9%
1999$132.1B$124.7B$7.4B+15.8%+12.9%
2000$161.8B$155.7B$6.1B+22.4%+15.1%
2001$156.1B$148.5B$7.6B-3.5%+11%
2002$159.4B$147.8B$11.6B+2.1%+6.4%
2003$164.4B$149.2B$15.2B+3.2%+0.5%
2004$187.1B$173.7B$13.4B+13.8%+6.2%
2005$210.8B$193.6B$17.3B+12.7%+9.8%
2006$246.5B$224.6B$21.9B+16.9%+14.5%
2007$269.4B$244.8B$24.7B+9.3%+12.9%
2008$286.9B$270.1B$16.8B+6.5%+10.8%
2009$228.9B$211.0B$17.8B-20.2%-2.4%
2010$299.9B$270.5B$29.4B+31%+3.6%
2011$352.2B$321.1B$31.1B+17.4%+7.1%
2012$373.4B$341.1B$32.3B+6%+17.7%
2013$379.1B$352.8B$26.3B+1.5%+8.1%
2014$393.4B$388.7B$4.7B+3.8%+3.8%
2015$384.0B$382.9B$1.1B-2.4%+0.9%
2016$379.2B$374.9B$4.2B-1.3%+0%
2017$413.4B$405.3B$8.1B+9%+1.7%
2018$455.5B$446.3B$9.2B+10.2%+5.9%
2019$466.2B$435.6B$30.6B+2.3%+7.1%
2020$421.5B$368.2B$53.4B-9.6%+0.7%
2021$499.9B$489.1B$10.9B+18.6%+3.1%
2022$580.9B$577.8B$3.2B+16.2%+7.6%
2023$602.2B$579.4B$22.7B+3.7%+12.6%
2024$632.1B$605.7B$26.4B+5%+8.1%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
187Vehicles$164.2B26%15587
284Machinery$119.4B18.9%161515
385Electrical machinery$110.8B17.5%158262
490Optical and medical instruments$31.9B5.1%152142
527Mineral fuels$27.6B4.4%8743
622Beverages$13.7B2.2%14724
794Furniture and lighting$13.1B2.1%13742
839Plastics$11.7B1.8%149129
908Edible fruit and nuts$11.0B1.7%10767
1007Vegetables$10.7B1.7%10767

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
18703Vehicles (87)$65.4B10.3%14
28471Machinery (84)$48.8B7.7%8
38704Vehicles (87)$42.6B6.7%7
48708Vehicles (87)$41.2B6.5%14
52709Mineral fuels (27)$22.1B3.5%1
68544Electrical machinery (85)$18.0B2.9%8
78517Electrical machinery (85)$15.9B2.5%7
89018Optical and medical instruments (90)$15.8B2.5%13
98528Electrical machinery (85)$11.7B1.8%9
108701Vehicles (87)$10.9B1.7%8
118537Electrical machinery (85)$9.3B1.5%2
129401Furniture and lighting (94)$8.4B1.3%13

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1USA, Puerto Rico and US Virgin IslandsUSA$494.7B78.3%+5.6%+9.4%
2CanadaCAN$31.5B5%+1.1%+8.4%
3ChinaCHN$14.8B2.3%+1.1%+0.4%
4GermanyDEU$8.7B1.4%-12.4%+1.6%
5Republic of KoreaKOR$6.5B1%-1.6%-1%
6SpainESP$5.6B0.9%+7.8%+6.2%
7BrazilBRA$5.5B0.9%+9.5%+9.6%
8JapanJPN$5.1B0.8%+20.1%+1.1%
9United KingdomGBR$4.8B0.8%+11.2%+13.3%
10TaiwanTWN$3.9B0.6%+17.5%-5.4%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1USA, Puerto Rico and US Virgin Islands (USA)Watch47.7%9.5%3.1%Buyer-market concentration is the largest observed corridor exposure
2Canada (CAN)High attention59.6%16.9%4.5%Buyer-market concentration is the largest observed corridor exposure
3China (CHN)High attention89%18.8%30.2%Tariff, distance or agreement conditions create market-access friction
4Brazil (BRA)Critical attention40.3%30.4%28.6%Volatile products account for the largest observed corridor exposure
5Japan (JPN)Critical attention68.2%23.3%1.8%Buyer-market concentration is the largest observed corridor exposure
6Colombia (COL)Critical attention44.8%37.4%9.7%Buyer-market concentration is the largest observed corridor exposure
7Peru (PER)Critical attention55.2%33.6%13.4%Buyer-market concentration is the largest observed corridor exposure
8Argentina (ARG)Critical attention47.9%37.6%12.6%Volatile products account for the largest observed corridor exposure
9Chile (CHL)Critical attention35.8%31.4%8.8%Buyer-market concentration is the largest observed corridor exposure
10Switzerland, Liechtenstein (CHE)Watch18.5%12.6%1.5%Volatile products account for the largest observed corridor exposure

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Czechia (CZE)870194new$52.8M0.5%100
2Côte d\'Ivoire (CIV)100119new$8.6M8%100
3Bulgaria (BGR)890399new$7.3M5%100
4United Arab Emirates (ARE)240110new$10.6M1.7%100
5Argentina (ARG)480429new$5.7M8.3%100
6Switzerland, Liechtenstein (CHE)841630new$4.7M2.3%100
7Australia (AUS)846410new$13.1M1.5%100
8Armenia (ARM)870590new$16.4M1.7%100
9Belize (BLZ)630532new$238.8K81.3%100
10Bulgaria (BGR)710813new$41.7M3.2%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)260111$111.0B$119.0B0.1%Growing (-2.6%)
2USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$102.4B6.9%Stable (+1.1%)
3China (CHN)270900$291.6B$97.9B0.2%Growing (-6.7%)
4China (CHN)854231$158.0B$93.1B0%Growing (+10.5%)
5India (IND)270900$130.1B$71.0B1.1%Growing (-0.5%)
6China (CHN)854232$80.6B$65.7B0%Growing (+20.6%)
7China (CHN)710812$80.8B$64.8B0.1%Accelerating (+2.4%)
8China (CHN)120190$47.8B$62.4B0%Declining (-13.5%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Mexico export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Mexico export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Mexico.

What is the latest reported export value for Mexico?

Mexico recorded $632.1B in reported exports in 2024.

Which markets receive the most exports from Mexico?

USA, Puerto Rico and US Virgin Islands leads by reported export value at $494.7B in 2024. Five destination lanes are highlighted.

Which sectors lead Mexico's exports?

Vehicles leads by reported value at $164.2B. Five HS2 chapters are highlighted.

How many years of Mexico trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.