Mexico Top 10 Import Origin Countries in 2023

Mexico Top Import Origins and Sourcing Dependency in 2023 Whole Year

• U.S. dominates: 42.76% share ($255.94B) – primary manufacturing hub for Mexico's imports.
• High concentration risk: Top 3 partners (U.S., Mainland China, Germany) account for 65.39% of total imports.
• Mexico's major suppliers show heavy reliance on North America (U.S. + Canada = 44.95%) and East Asia (China + Japan + South Korea = 25.79%).
• Supply chain vulnerability: Overdependence on U.S. leaves Mexico exposed to unilateral trade policy shifts.

Table: Mexico Top Origin Countries in 2023 (Source: yTrade)

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Mexico - Key Origin Country Trading Product Pattern

• United States (42.76%): Dominates as Mexico's primary import source, reflecting deeply integrated supply chains, particularly in automotive, machinery, and electronics. Proximity and USMCA terms facilitate massive cross-border trade in both finished goods and components.
• Mainland China (19.08%): Serves as a major supplier of consumer electronics, industrial machinery, and a vast range of intermediate goods. Competitive pricing and manufacturing scale make it a critical, though geographically distant, trading partner.
• Germany (3.55%): Exports high-value capital goods, luxury automobiles, and specialized industrial equipment to Mexico. Its share is built on engineering excellence and a strong reputation in the automotive and chemical sectors.
• Japan (3.45%): Supplies key automotive parts, electronic components, and precision machinery. Japanese investment in Mexican manufacturing bases drives consistent import flows of sophisticated industrial inputs.
• South Korea (3.26%): Is a leading source for semiconductors, displays, and vehicles. Korean multinationals with major production facilities in Mexico create a steady demand for specialized components and technology from the home country.

Frequently Asked Questions

Which countries supply most of Mexico's imports in 2023 Whole Year?

The top 3 suppliers are the United States ($255.94B, 42.76%), Mainland China ($114.19B, 19.08%), and Germany ($21.23B, 3.55%).

Does Mexico rely heavily on a single import supplier?

Yes, the United States is Mexico's primary import source, accounting for 42.76% ($255.94B) of total imports in 2023.

Detailed Quarterly Report

Mexico Top Origin Countries in 2023 Q1Mexico Top Origin Countries in 2023 Q2Mexico Top Origin Countries in 2023 Q3Mexico Top Origin Countries in 2023 Q4