Country import demand

Mexico
import demand

A reported view of Mexico's import scale, sector demand, supplier breadth, economy, and trade history.

MEX1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$605.7B2024 reported
Import growth+4.5%Year on year
Population130.9MReported population
GDP per capita$14.2KCurrent-dollar GDP
Trade openness75.7%Exports + imports / GDP

The country import read

What does Mexico import?

In 2024, Mexico recorded $605.7B in reported imports. Imports changed +4.5% year on year and +7.4% annualized over three years. Vehicles was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$352.8B
2014
$388.7B
2015
$382.9B
2016
$374.9B
2017
$405.3B
2018
$446.3B
2019
$435.6B
2020
$368.2B
2021
$489.1B
2022
$577.8B
2023
$579.4B
2024
$605.7B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$1.9T2024 macro context
GDP growth7.3%Five-year CAGR
Population growth0.8%Five-year CAGR
Investment rate23.5%National rate
Savings rate22.5%National rate
Trade openness75.7%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Mexico
RankSectorImportsShareImport partnersActive HS6
1VehiclesHS2 87$66.4B11%9487
2MachineryHS2 84$108.5B17.9%138515
3Electrical machineryHS2 85$126.2B20.8%150262
4Optical and medical instrumentsHS2 90$19.2B3.2%108142
5Mineral fuelsHS2 27$37.4B6.2%6343
6BeveragesHS2 22$1.3B0.2%6824
7Furniture and lightingHS2 94$5.3B0.9%9342
8PlasticsHS2 39$31.9B5.3%119129
9Edible fruit and nutsHS2 08$2.0B0.3%5067
10VegetablesHS2 07$1.3B0.2%3767

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration6,163.2Partner HHI
Top 3 partner share85.6%Reported concentration
FTA partner markets55Reported count
Average distance10,366 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

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 Usd1,856,365.6 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 Usd533,678,518.3 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 Language8.9%
Pct Partners Shared Border1.1%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km10,171 km
Num Border Partners80
Num Colonial Partners25
Avg Substitution Elasticity-10.8
Pct Products High Elasticity75.8
Pct Products Low Elasticity2.7
Real Market Potential109,151.4
Foreign Market Potential10,079.6

Supplier context

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 Usd1,856,365.6 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 import history

YearImportsExportsBalanceImports YoY
1995$64.9B$77.2B$12.3B+0%
1996$78.6B$91.9B$13.4B+21%
1997$98.9B$106.2B$7.4B+25.8%
1998$111.0B$114.2B$3.2B+12.3%
1999$124.7B$132.1B$7.4B+12.4%
2000$155.7B$161.8B$6.1B+24.8%
2001$148.5B$156.1B$7.6B-4.6%
2002$147.8B$159.4B$11.6B-0.5%
2003$149.2B$164.4B$15.2B+1%
2004$173.7B$187.1B$13.4B+16.4%
2005$193.6B$210.8B$17.3B+11.4%
2006$224.6B$246.5B$21.9B+16%
2007$244.8B$269.4B$24.7B+9%
2008$270.1B$286.9B$16.8B+10.4%
2009$211.0B$228.9B$17.8B-21.9%
2010$270.5B$299.9B$29.4B+28.2%
2011$321.1B$352.2B$31.1B+18.7%
2012$341.1B$373.4B$32.3B+6.2%
2013$352.8B$379.1B$26.3B+3.4%
2014$388.7B$393.4B$4.7B+10.2%
2015$382.9B$384.0B$1.1B-1.5%
2016$374.9B$379.2B$4.2B-2.1%
2017$405.3B$413.4B$8.1B+8.1%
2018$446.3B$455.5B$9.2B+10.1%
2019$435.6B$466.2B$30.6B-2.4%
2020$368.2B$421.5B$53.4B-15.5%
2021$489.1B$499.9B$10.9B+32.8%
2022$577.8B$580.9B$3.2B+18.1%
2023$579.4B$602.2B$22.7B+0.3%
2024$605.7B$632.1B$26.4B+4.5%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
187Vehicles$66.4B11%9487
284Machinery$108.5B17.9%138515
385Electrical machinery$126.2B20.8%150262
490Optical and medical instruments$19.2B3.2%108142
527Mineral fuels$37.4B6.2%6343
622Beverages$1.3B0.2%6824
794Furniture and lighting$5.3B0.9%9342
839Plastics$31.9B5.3%119129
908Edible fruit and nuts$2.0B0.3%5067
1007Vegetables$1.3B0.2%3767

Questions about this profile

Mexico import demand, in context

Short answers for import and supplier research.

What does the Mexico import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Mexico.

What is the latest reported import value for Mexico?

Mexico recorded $605.7B in reported imports in 2024.

Which sectors lead Mexico's imports?

Vehicles leads by reported import value at $66.4B.

How many years of Mexico import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

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

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). 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.