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.

Mexico Top Import Origins and Sourcing Dependency in 2023 Q2

  • U.S. dominates: 42.12% share ($64.20B), solidifying its role as Mexico's primary manufacturing and supply chain partner.
  • High concentration risk: Top 3 suppliers (U.S., Mainland China, Germany) account for 64.62% of imports—heavy reliance on North American and East Asian sources.
  • Mexico's major suppliers show limited diversification beyond the top 5 (71.45% combined share), with Brazil (2.51%) and Vietnam (1.93%) as minor but growing contributors.
  • Supply chain exposure: Over 60% dependency on U.S.-China trade routes introduces vulnerability to geopolitical or tariff disruptions.

Table: Mexico Top Origin Countries in 2023 Q2 (Source: yTrade)

Origin CountriesValuePercent
United States64.20B42.12%
Mainland China28.86B18.93%
Germany5.44B3.57%
Japan5.41B3.55%
South Korea4.99B3.28%
Brazil3.82B2.51%
3.64B2.39%
Canada3.34B2.19%
Malaysia3.26B2.14%
Vietnam2.94B1.93%

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Mexico - Key Origin Country Trading Product Pattern

  • United States (42.12%): As Mexico's dominant import partner, the U.S. supplies a vast range of goods, from machinery and electronics to agricultural products and energy. This reflects deeply integrated cross-border supply chains.
  • Mainland China (18.93%): China is a major source for consumer electronics, industrial components, and manufactured goods, competing directly with U.S. suppliers in many sectors.
  • Germany (3.57%): Germany exports high-value industrial machinery, automotive parts, and precision equipment to Mexico, supporting the country's advanced manufacturing base.
  • Japan (3.55%): Japan's exports are concentrated in automotive components, electronics, and specialized machinery, reflecting its role in Mexico's key industrial sectors.
  • South Korea (3.28%): South Korea supplies electronics, vehicles, and petrochemicals, with major corporations maintaining significant production and export operations in Mexico.
  • Brazil (2.51%): Brazil primarily exports agricultural commodities, such as soybeans and meat, along with raw materials and some manufactured goods to the Mexican market.

Frequently Asked Questions

Which countries supply most of Mexico's imports in 2023 Q2?

The top 3 suppliers are the United States ($64.20B, 42.12%), Mainland China ($28.86B, 18.93%), and Germany ($5.44B, 3.57%).

Does Mexico rely heavily on a single import supplier?

Yes, the United States is Mexico's primary import source, accounting for 42.12% of total imports in Q2 2023.

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