Mexico Top 10 Export Destination Countries in 2024
Mexico Top Export Destinations and Market Reach in 2024 Whole Year
- US dominates: 81.31% ($503.26B) of Mexico's exports flow to the US, solidifying it as the primary consumption market.
- High concentration risk: Top 3 Mexico export destinations (US, Canada, China) account for 85.79% of total exports, indicating heavy reliance on few partners.
- Limited regional diversification: Only 4.69% of exports go to other Americas (Brazil, Guatemala, Colombia), with minimal presence in Europe/Asia beyond Germany (1.15%) and Japan (0.69%).
Table: Mexico Top Destination Countries in 2024 (Source: yTrade)
| Destination Countries | Value | Percent |
|---|---|---|
| United States | 503.26B | 81.31% |
| Canada | 18.61B | 3.01% |
| Mainland China | 9.08B | 1.47% |
| Germany | 7.13B | 1.15% |
| Brazil | 4.74B | 0.77% |
| Japan | 4.26B | 0.69% |
| South Korea | 4.07B | 0.66% |
| United Kingdom | 3.14B | 0.51% |
| Guatemala | 2.88B | 0.47% |
| Colombia | 2.81B | 0.45% |
Get Complete Mexico Export Destination Countries Profile
Mexico - Key Destination Country Trading Product Pattern
- United States (81.31%): A massive, high-income consumer market with deep industrial integration with Mexico, particularly in automotive, electronics, and machinery. Its imports are driven by consumer demand and supply chain needs.
- Canada (3.01%): A key partner under the USMCA, Canada's imports from Mexico are dominated by vehicles, machinery, and agricultural products, reflecting its developed economy and integrated North American supply chains.
- Mainland China (1.47%): A major global manufacturing hub, China primarily imports industrial supplies and components from Mexico for further processing and assembly, feeding its own export machine.
- Germany (1.15%): As Europe's largest economy, Germany's imports from Mexico are concentrated in high-value automotive parts, specialized machinery, and electronics for its advanced industrial base.
- Brazil (0.77%): The largest economy in South America, Brazil imports manufactured goods, electronics, and vehicles from Mexico to supplement its own industrial output and meet consumer demand.
Frequently Asked Questions
Which countries are the top destinations for Mexico's exports in 2024 Whole Year?
The top 3 destinations are the United States ($503.26B), Canada ($18.61B), and Mainland China ($9.08B).
What is the dominant export market for Mexico?
The United States is Mexico's primary export market, accounting for 81.31% ($503.26B) of total exports.
Detailed Quarterly Report
Mexico Top Destination Countries in 2024 Q1Mexico Top Destination Countries in 2024 Q2Mexico Top Destination Countries in 2024 Q3Mexico Top Destination Countries in 2024 Q4
Mexico Top 10 Export Destination Countries in 2023 Q4
Mexico's top export destinations in Q4 2023 reveal heavy reliance on the U.S. (80% share), with North America absorbing 83.3% of shipments. yTrade data shows limited global diversification beyond key partners.
Mexico Top 10 Export Destination Countries in 2024 Q1
Mexico's top export destinations in 2024 Q1 show 80.77% reliance on the U.S. market, with Canada and China rounding out 84.8% of total exports—revealing concentration risks in yTrade data.
