Mexico Top 10 Import Origin Countries in 2023 Q3
Mexico Top Import Origins and Sourcing Dependency in 2023 Q3
- Dominant Supplier: The U.S. is Mexico's top import source at 42.36% share ($64.94B), functioning as its primary manufacturing and trade hub.
- Concentration Risk: Top 3 suppliers (U.S., Mainland China, Germany) account for 65.47% of imports—highlighting heavy reliance on North America and East Asia.
- Mexico's major suppliers include South Korea (3.2%), Brazil (2.36%), and Canada (2.18%), indicating moderate diversification beyond the core partners.
- Strategic Note: Overdependence on the U.S. and China poses supply chain risks if geopolitical or trade tensions escalate.
Table: Mexico Top Origin Countries in 2023 Q3 (Source: yTrade)
| Origin Countries | Value | Percent |
|---|---|---|
| United States | 64.94B | 42.36% |
| Mainland China | 29.92B | 19.52% |
| Germany | 5.51B | 3.59% |
| Japan | 5.15B | 3.36% |
| South Korea | 4.90B | 3.20% |
| Brazil | 3.62B | 2.36% |
| Canada | 3.34B | 2.18% |
| Vietnam | 3.07B | 2.00% |
| Malaysia | 2.88B | 1.88% |
| Italy | 2.20B | 1.43% |
Get Complete Mexico Import Origin Countries Profile
Mexico - Key Origin Country Trading Product Pattern
- United States (42.36%): Dominates as Mexico's primary import source, reflecting deeply integrated North American supply chains, particularly for automotive parts, machinery, and electronics.
- Mainland China (19.52%): Serves as a major supplier of consumer electronics, industrial components, and a wide array of manufactured goods, capitalizing on competitive pricing and scale.
- Germany (3.59%): Exports high-value capital goods, precision machinery, and automotive components to Mexico, leveraging its reputation for engineering and quality.
- Japan (3.36%): Supplies Mexico with advanced automotive parts, electronic components, and specialized machinery, supporting its significant manufacturing investments in the country.
- South Korea (3.20%): Focuses on exports of semiconductors, consumer electronics, and vehicles, driven by its leading global technology and automotive firms.
- Brazil (2.36%): Provides key agricultural products, raw materials, and manufactured goods, benefiting from regional trade agreements and complementary economic structures.
Frequently Asked Questions
Which countries supply most of Mexico's imports in 2023 Q3?
The top 3 suppliers are the United States ($64.94B, 42.36%), Mainland China ($29.92B, 19.52%), and Germany ($5.51B, 3.59%).
Does Mexico rely heavily on a single import supplier?
Yes, the United States is Mexico's primary import source, accounting for 42.36% of total imports in Q3 2023.
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 10 Import Origin Countries in 2023 Q4
Mexico's top import origin in Q4 2023 was the U.S. (41.83% share), with heavy reliance on North American and East Asian suppliers. yTrade data reveals supply chain risks from this concentrated sourcing strategy.
