Mexico Top 10 Import Origin Countries in 2023 Q4
Mexico Top Import Origins and Sourcing Dependency in 2023 Q4
- U.S. dominates: 41.83% share ($61.43B) – primary manufacturing and trade hub.
- Top 3 concentration: 65.74% combined (U.S., Mainland China, Germany) – high reliance on North American and East Asian suppliers.
- Mexico's major suppliers: South Korea (3.32%), Japan (3.35%), and Canada (2.18%) round out key import sources.
- Risk note: Heavy dependence on U.S. and China exposes supply chain to geopolitical and trade policy shifts.
Table: Mexico Top Origin Countries in 2023 Q4 (Source: yTrade)
| Origin Countries | Value | Percent |
|---|---|---|
| United States | 61.43B | 41.83% |
| Mainland China | 29.76B | 20.27% |
| Germany | 5.34B | 3.64% |
| Japan | 4.91B | 3.35% |
| South Korea | 4.88B | 3.32% |
| Canada | 3.19B | 2.18% |
| Vietnam | 3.10B | 2.11% |
| Brazil | 2.95B | 2.01% |
| Malaysia | 2.85B | 1.94% |
| Thailand | 2.21B | 1.51% |
Get Complete Mexico Import Origin Countries Profile
Mexico - Key Origin Country Trading Product Pattern
- United States (41.83%): The dominant supplier, reflecting deeply integrated cross-border supply chains, particularly in automotive, machinery, and electronics. Proximity and USMCA trade rules heavily favor this trade relationship.
- Mainland China (20.27%): A major source of consumer goods, electronics components, and industrial equipment. Its significant share highlights Mexico's role in global manufacturing networks that source inputs from China.
- Germany (3.64%): Exports high-value industrial machinery, automotive parts, and chemical products. This reflects German strength in precision manufacturing and Mexico's advanced industrial base.
- Japan (3.35%): Supplies key automotive components, electronic parts, and machinery. Japanese investment in Mexico's manufacturing sector, especially in auto assembly, drives this import flow.
- South Korea (3.32%): A critical origin for semiconductors, displays, and vehicle parts. Korean electronics and auto firms with Mexican operations source components from their domestic supply bases.
- Vietnam (2.11%): A growing source for textiles, footwear, and furniture, indicating a shift in low-cost consumer goods sourcing away from China.
Frequently Asked Questions
Which countries supply most of Mexico's imports in 2023 Q4?
The top 3 suppliers are the United States ($61.43B), Mainland China ($29.76B), and Germany ($5.34B).
Does Mexico rely heavily on a single import supplier?
Yes, the United States is Mexico's primary import source, accounting for 41.83% of total imports in Q4 2023.
Mexico Top 10 Import Origin Countries in 2023 Q3
Mexico's top import origin in Q3 2023 was the U.S. (42.36% share), revealing heavy trade reliance. yTrade data shows 65.47% comes from just 3 suppliers—highlighting supply chain risks.
Mexico Top 10 Import Origin Countries in 2024
Mexico's top import origin in 2024 remains the U.S. at 40.29%, with yTrade data showing 64.7% reliance on just 3 suppliers - highlighting critical supply chain vulnerabilities.
