Mexico Top 10 Import Origin Countries in 2023 Q1
Mexico Top Import Origins and Sourcing Dependency in 2023 Q1
- Dominant Supplier: The U.S. is Mexico's top import source at 44.81% share ($65.37B), acting as the primary supply hub.
- Concentration Risk: Top 3 partners (U.S., Mainland China, Japan) account for 65.92% of imports—highlighting heavy reliance on North America and East Asia.
- Mexico's major suppliers include South Korea (3.23%), Germany (3.39%), and Canada (2.21%), showing limited diversification beyond key trade partners.
- Strategic Note: Overdependence on the U.S. and China poses vulnerability to bilateral trade policy shifts or disruptions.
Table: Mexico Top Origin Countries in 2023 Q1 (Source: yTrade)
| Origin Countries | Value | Percent |
|---|---|---|
| United States | 65.37B | 44.81% |
| Mainland China | 25.65B | 17.58% |
| Japan | 5.15B | 3.53% |
| Germany | 4.94B | 3.39% |
| South Korea | 4.72B | 3.23% |
| Canada | 3.22B | 2.21% |
| Brazil | 3.02B | 2.07% |
| Malaysia | 3.01B | 2.06% |
| Vietnam | 2.47B | 1.69% |
| Thailand | 2.25B | 1.54% |
Get Complete Mexico Import Origin Countries Profile
Mexico - Key Origin Country Trading Product Pattern
- United States (44.81%): The dominant supplier, reflecting deep integration within North American supply chains. This high volume points to trade in automotive parts, machinery, and electronics, supported by the USMCA framework.
- Mainland China (17.58%): A major source of manufactured goods, electronics, and industrial components. This share indicates China's role in supplying consumer products and intermediate goods for Mexico's manufacturing sector.
- Japan (3.53%): Exports are concentrated in high-value sectors, particularly automotive components, precision machinery, and electronic parts, supporting Mexico's auto industry.
- Germany (3.39%): Supplies specialized capital goods, high-end automotive parts, and industrial machinery. This reflects demand for German engineering and technology in Mexican manufacturing.
- South Korea (3.23%): A key partner for electronics, vehicles, and semiconductors. Korean investment in Mexican manufacturing drives imports of components and finished goods.
- Canada (2.21%): Trade is facilitated by USMCA, with exports including mineral products, machinery, and agricultural goods, complementing the North American production network.
Frequently Asked Questions
Which countries supply most of Mexico's imports in 2023 Q1?
The top 3 import suppliers to Mexico were the United States ($65.37B), Mainland China ($25.65B), and Japan ($5.15B).
Does Mexico rely heavily on a single import supplier?
Yes, the United States is Mexico's primary import source, accounting for 44.81% of total imports in Q1 2023.
Mexico Top 10 Import Origin Countries in 2023
Mexico's top import origin in 2023 was the U.S. (42.76% share), creating supply chain risks. yTrade data shows 65.39% of imports come from just 3 partners, highlighting vulnerability to trade policy shifts.
Mexico Top 10 Import Origin Countries in 2023 Q2
Mexico's top import origin remains the U.S. (42.12% share) with heavy reliance on North American and Asian suppliers—yTrade data reveals 64.62% concentration risk among top 3 partners in Q2 2023.
