Mexico Trucks HS8704 Export Data 2025 April Overview

Mexico Trucks (HS 8704) 2025 April Export: Key Takeaways

Mexico's Trucks Export (HS Code 8704) in April 2025 is dominated by high-value finished trucks shipped overwhelmingly to the U.S., which accounts for 91.97% of export value, signaling a mature manufacturing stage but exposing reliance on a single market. The U.S.-Mexico-Canada trade framework underpins this concentration, while minimal activity in Central America and niche markets suggests untapped diversification potential. This analysis, covering April 2025, is based on cleanly processed Customs data from the yTrade database.

Mexico Trucks (HS 8704) 2025 April Export Background

Mexico’s Trucks (HS Code 8704), covering motor vehicles for transport of goods, are critical for logistics, construction, and agriculture, driving steady global demand. Recent April 2025 policy shifts, including a Section 232 investigation into medium- and heavy-duty vehicle imports, led to new U.S. tariffs effective November 2025 [Cassidy Levy]. As a top exporter under USMCA, Mexico’s Trucks HS Code 8704 Export remains strategically vital, balancing tariff pressures with integrated North American supply chains.

Mexico Trucks (HS 8704) 2025 April Export: Trend Summary

Key Observations

Mexico's truck exports under HS Code 8704 surged in April 2025, with export value jumping over 30% month-over-month to $8.64 billion, driven by a sharp increase in both unit price and volume amid policy uncertainty.

Price and Volume Dynamics

The April performance showed a unit price rise to $0.99 USD/kg, up 12.5% from March, while volume increased 19.4% to 8.73 billion units. This spike aligns with typical industry stockpiling behavior, where exporters accelerate shipments ahead of expected tariff changes, avoiding potential cost hikes and securing orders before disruptions.

External Context and Outlook

External factors, particularly the Section 232 investigation into medium

• and heavy-duty vehicles initiated in April 2025 [BBVA Research], fueled this anticipatory surge. With tariffs of up to 25% slated for November 2025 (BBVA Research), the outlook for Mexico Trucks HS Code 8704 Export 2025 April remains volatile, likely prompting continued fluctuations as market participants navigate policy shifts.

Mexico Trucks (HS 8704) 2025 April Export: HS Code Breakdown

Product Specialization and Concentration

In April 2025, Mexico's export of trucks under HS Code 8704 is dominated by spark-ignition engine vehicles for goods transport under 5 tonnes, specifically the sub-code 87043199, which holds a 22% value share. This product has a unit price of 1.10 USD per kilogram, lower than several other variants, indicating a specialization in high-volume, cost-effective models. A price anomaly is present in sub-code 8704319901, with a unit price of 7.64 USD per kilogram, suggesting a premium or specialized version isolated from the main analysis pool.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes group into three categories: standard spark-ignition models (e.g., 8704319999 with 0.59 USD/kg), diesel engine trucks (e.g., 87042199 and 87042299 with 3.79 to 0.64 USD/kg), and hybrid vehicles (e.g., 87045199 with 0.65 USD/kg). This range in unit prices and specifications confirms that Mexico Trucks HS Code 8704 Export 2025 April involves differentiated manufactured goods with distinct quality grades, not fungible bulk commodities tied to indices.

Strategic Implication and Pricing Power

Manufacturers can leverage product differentiation for moderate pricing power, but external tariff pressures, such as those from recent Section 232 investigations [Ballast Markets], may squeeze margins. Strategic focus should shift towards higher-value segments to mitigate cost increases and maintain competitiveness in the market.

Check Detailed HS 8704 Breakdown

Mexico Trucks (HS 8704) 2025 April Export: Market Concentration

Geographic Concentration and Dominant Role

Mexico's truck exports under HS Code 8704 in April 2025 are overwhelmingly concentrated in the United States, which accounts for 91.97% of the export value. The disparity between the value ratio (91.97) and weight ratio (75.87) for the US suggests that these exports consist of higher-value, finished trucks rather than raw components, indicating a mature manufacturing and assembly stage for this product.

Partner Countries Clusters and Underlying Causes

The top partners form two clear clusters: first, the US and Canada, with high trade frequency and value, driven by the USMCA agreement that enables tariff-free or reduced-tariff movement of vehicles. Second, Central American nations like Costa Rica and Honduras show lower but consistent activity, likely due to regional trade agreements or assembly of smaller vehicle parts. Other countries like Australia and the UAE have minimal presence, possibly representing niche markets or transshipment points.

Forward Strategy and Supply Chain Implications

For market players, the heavy reliance on the US market poses risks due to potential tariff changes, such as those highlighted in recent news where Section 232 investigations could lead to increased duties on Mexican trucks [Ballast Markets]. Diversifying exports to other regions or strengthening supply chain resilience within USMCA frameworks is advised to mitigate these uncertainties.

Get Complete Partner Countries Profile

Mexico Trucks (HS 8704) 2025 April Export: Buyer Cluster

Buyer Market Concentration and Dominance

In April 2025, the Mexico Trucks Export market for HS Code 8704 shows high concentration, with one group of buyers dominating. The segment with high purchase values and high order frequency holds 89.36% of the total export value, making it the key driver. This indicates a market where large, regular orders from major manufacturers define the trade flow. The analysis covers four segments of buyers, with median characteristics pointing to a reliance on consistent, high-volume transactions.

Strategic Buyer Clusters and Trade Role

The other buyer segments play smaller but distinct roles. Buyers with high value but low frequency contribute 10.45% of value, suggesting infrequent large orders, possibly for specialized or bulk truck shipments. Those with low value but high frequency account for only 0.05% of value, indicating small, frequent purchases, likely for parts or minor components. The segment with low value and low frequency makes up 0.14% of value, representing occasional small buyers, such as niche dealers or one-off clients.

Sales Strategy and Vulnerability

For Mexican exporters, the strategy should focus on maintaining relationships with high-value, high-frequency buyers to secure steady revenue. However, vulnerability arises from potential trade policy changes, as news reports indicate tariffs on Mexican truck exports to the US could impact demand [Ballast Markets]. This risk underscores the need for diversification and monitoring of policy shifts, while the sales model should prioritize direct engagement with major automotive firms to mitigate exposure.

Check Full Trucks Buyer lists

Mexico Trucks (HS 8704) 2025 April Export: Action Plan for Trucks Market Expansion

Strategic Supply Chain Overview

Mexico Trucks Export 2025 April under HS Code 8704 is driven by product specifications and OEM contract volumes. High-value spark-ignition and diesel models dominate, with pricing power from differentiation. Heavy reliance on the US market (91.97% of value) creates vulnerability to tariff changes. The supply chain acts as an assembly hub, dependent on stable USMCA trade flows and major buyer relationships.

Action Plan: Data-Driven Steps for Trucks Market Execution

• Use HS Code 8704 sub-code data to track premium model demand. Adjust production to focus on higher-margin variants. This protects profitability against cost pressures.
• Analyze buyer frequency reports to secure contracts with high-value, high-volume clients. Maintain steady revenue and reduce order volatility.
• Monitor US trade policy alerts for HS Code 8704. Prepare tariff contingency plans. Avoid sudden cost shocks from Section 232 measures.
• Diversify export destinations using trade flow data. Target Central American markets with existing agreements. Reduce over-dependence on the US.

Risk Mitigation and Forward Strategy

Tariff risks from US policy shifts are the primary threat. Track regulatory updates monthly. Strengthen USMCA supply chain partnerships to safeguard access. Balance product mix between standard and premium trucks to insulate against market shocks.

Take Action Now —— Explore Mexico Trucks Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Mexico Trucks Export 2025 April?

The surge in export value (up 30% month-over-month to $8.64 billion) is driven by stockpiling ahead of expected tariff changes, with unit prices rising 12.5% and volume increasing 19.4%.

Q2. Who are the main partner countries in this Mexico Trucks Export 2025 April?

The U.S. dominates with 91.97% of export value, followed by Canada and Central American nations like Costa Rica and Honduras, which show lower but consistent trade activity.

Q3. Why does the unit price differ across Mexico Trucks Export 2025 April partner countries?

Price differences stem from product specialization: standard spark-ignition models (e.g., 8704319999 at $0.59/kg) contrast with premium diesel trucks (e.g., 87042199 at $3.79/kg) and hybrid variants.

Q4. What should exporters in Mexico focus on in the current Trucks export market?

Exporters must prioritize high-value/high-frequency buyers (89.36% of trade value) and diversify beyond the U.S. to mitigate tariff risks under Section 232 investigations.

Q5. What does this Mexico Trucks export pattern mean for buyers in partner countries?

U.S. buyers benefit from stable, high-volume shipments, while niche markets (e.g., Australia, UAE) face limited access due to Mexico’s heavy reliance on North American trade.

Q6. How is Trucks typically used in this trade flow?

Exports consist primarily of finished trucks for goods transport, with spark-ignition models under 5 tonnes dominating (22% share), reflecting a focus on cost-effective commercial vehicles.

Q7. What is yTrade?

yTrade is a global trade data platform that provides SaaS and API access to provide accurate, structured, and searchable import-export trade data for international business decisions. It enables users to access verified shipment records, analyse buyer and supplier activity, review company trade overviews, assess compliance risks, and monitor real market demand — all from a single, scalable system.

Q8. How can yTrade benefit my business?

yTrade helps businesses:

• Identify active and verified buyers through global import data
• Discover reliable suppliers with real shipment history
• Monitor competitor previous trade activity
• Reduce sourcing and compliance risk with worldwide export data
• Support data-driven sales, procurement, and market expansion decisions
• Save time by replacing manual research with structured trade data analysis

Q9. What features does yTrade offer?

yTrade provides practical, trade-focused tools including:

• Global shipment search by HS code, product, company name, port, or country
• Detailed company trade profiles with ownership and relationship mapping
• Buyer and supplier discovery with real transaction trade records
• Basic compliance with background checks and sanctions risk screening
• Competitor's shipment tracking and selling/buying behaviour analysis
• Trade Trends to identify market demand and trade flow monitoring
• Big-Data Search engine with percised filters to generate accurate data reports
• Global Trade Data API access for Internal Softwares like CRM, ERP, and SaaS integration All data is structured, verified, and cleaned to ensure consistency and reliability.