Mexico Trucks HS8704 Export Data 2025 July Overview

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

Mexico's HS Code 8704 trucks export in July 2025 reveals a high-value, U.S.-centric market, with 89.47% of export value concentrated in a single dominant buyer—underscoring both opportunity and risk. The U.S. trade exhibits a premium unit value (0.75 USD/kg), confirming finished, higher-grade trucks dominate shipments, while Latin America absorbs smaller volumes of parts or lower-cost models. This analysis, covering July 2025, is based on cleanly processed Customs data from the yTrade database.

Mexico Trucks (HS 8704) 2025 July Export Background

Mexico Trucks (HS Code 8704: Motor vehicles for transport of goods) are critical for logistics, construction, and agriculture, driving steady global demand. As of July 2025, Mexican exports of these vehicles benefit from 0% tariffs under USMCA, avoiding the 25% "Chicken Tax" [Ballast Markets], but new Section 232 tariffs on medium- and heavy-duty trucks may take effect later in 2025 [Cassidy Levy]. Mexico’s strategic role as a key exporter to the U.S. hinges on USMCA compliance and cost advantages in 2025.

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

Key Observations

Mexico's export of trucks under HS Code 8704 in July 2025 saw unit prices hit a yearly low of 0.69 USD/kg, down 7% month-over-month, while volume remained elevated at 10.19 billion units, signaling intense competitive pressure amid high shipment levels.

Price and Volume Dynamics

The month-over-month decline in unit price from June to July reflects typical seasonal production ramps in the trucking industry, where increased summer output often leads to higher export volumes and compressed pricing. Volume dipped slightly from June's peak but stayed robust at over 10 billion units, consistent with strong manufacturing cycles, while value fell to 7.02 billion USD, indicating that supply growth outpaced demand.

External Context and Outlook

Despite stable tariff conditions under USMCA, which maintains a 0% rate for qualifying Mexican truck exports [Ballast Markets], the price slump may stem from market anticipation of Section 232 tariffs effective November 2025 (Cassidy Levy), prompting accelerated shipments and competitive pricing. Looking ahead, exporters should monitor policy developments while leveraging USMCA advantages to navigate potential headwinds.

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

Product Specialization and Concentration

In July 2025, Mexico's exports of trucks under HS Code 8704 are heavily concentrated in light-duty vehicles with spark-ignition engines, specifically sub-code 87043199 for goods transport under 5 tonnes, which holds a 25% value share. This dominant product has a unit price of 1.04 USD per kilogram, but the market shows wide price disparities, with sub-code 8704319901 at 2.68 USD per kg and 87042299 at 0.34 USD per kg, indicating isolated high and low-value anomalies that are not part of the main analysis pool.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two main groups: light-duty trucks with various engine types, including spark-ignition and compression-ignition models priced between 0.61 and 1.32 USD per kg, and heavier-duty trucks over 5 tonnes with prices around 0.69 USD per kg. This range reflects a structure of differentiated manufactured goods with varying quality grades, rather than fungible bulk commodities tied to indices.

Strategic Implication and Pricing Power

Manufacturers can leverage product differentiation for pricing power, focusing on higher-value light-duty models. Mexican exports benefit from 0% tariffs under USMCA, boosting competitiveness [Ballast Markets], but looming Section 232 tariffs from November 2025 warrant attention to compliance and margin optimization for sustained export growth.

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

Geographic Concentration and Dominant Role

Mexico's truck exports under HS Code 8704 in July 2025 are overwhelmingly concentrated in the United States, which accounts for 89.47% of the export value but only 81.69% of the weight, indicating a higher unit value of approximately 0.75 USD per kg. This disparity suggests that exports to the U.S. consist of more assembled or higher-grade trucks, typical for manufactured goods like vehicles, where finished products command premium prices compared to parts or raw materials.

Partner Countries Clusters and Underlying Causes

The top partners form two clear clusters: first, the U.S. and Canada, with high trade volumes due to integrated automotive supply chains under USMCA, facilitating smooth export of assembled trucks. Second, Latin American nations like Brazil, Chile, and Argentina show lower value and weight ratios, likely representing smaller markets for truck parts or less complex vehicles, driven by regional trade agreements and proximity. A minor cluster includes distant markets like Australia and Kuwait, with minimal shares, possibly for niche or low-volume orders.

Forward Strategy and Supply Chain Implications

For Mexico's truck exports, maintaining USMCA compliance is critical to avoid potential tariffs, as the U.S. imposes a 0% rate for qualifying goods under this agreement [Ballast Markets], but upcoming Section 232 tariffs from November 2025 could affect certain vehicle categories (Ballast Markets). Exporters should prioritize verifying origin rules and diversifying within North America to mitigate risks, while exploring growth in Latin American markets for parts or lower-cost models.

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

Buyer Market Concentration and Dominance

In the Mexico Trucks Export for July 2025 under HS Code 8704, the buyer market shows strong concentration. The segment of buyers who make high-value and frequent purchases dominates, holding 86.67% of the total export value. This group also accounts for 96.25% of all transactions, indicating a market driven by regular, substantial orders. The analysis for July 2025 reveals that the four segments of buyers are centered around this core group, with median transaction values and frequencies skewed towards high-volume business.

Strategic Buyer Clusters and Trade Role

The other buyer segments play smaller but distinct roles. Buyers who place large but infrequent orders contribute 13.07% of the value, likely representing major manufacturers or bulk procurement for specific projects. Those with small, frequent purchases add only 0.17% to the value, possibly involving aftermarket parts or smaller distributors. Occasional buyers with minimal orders account for just 0.09% of value, often one-time or niche market participants. For manufactured goods like trucks, these clusters reflect a mix of primary OEMs and secondary market players.

Sales Strategy and Vulnerability

Exporters in Mexico should focus on maintaining strong ties with high-value, frequent buyers to sustain revenue. The risk of upcoming Section 232 tariffs from November 2025, as noted by BBVA Research, could disrupt exports, but current USMCA benefits provide a 0% tariff advantage for qualifying goods (Ballast Markets). The sales model must prioritize reliability and volume to mitigate potential tariff impacts and leverage existing trade agreements.

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

Strategic Supply Chain Overview

Mexico Trucks Export 2025 July under HS Code 8704 is dominated by light-duty models with spark-ignition engines. Price is driven by product specifications and OEM contract volumes, not commodity indices. The supply chain acts as an assembly hub for high-value finished trucks. Exports rely heavily on the U.S. market and frequent, high-volume buyers. This creates pricing power through differentiation but also concentration risk.

Upcoming Section 232 tariffs from November 2025 threaten current USMCA 0% benefits. Supply chains must prioritize compliance and diversification to protect margins. Geographic and buyer concentration increases vulnerability to policy shifts or demand changes.

Action Plan: Data-Driven Steps for Trucks Market Execution

• Use buyer frequency data to lock in contracts with high-volume clients before Q4 2025. This secures revenue ahead of potential tariff disruptions and stabilizes cash flow.
• Analyze HS Code 8704 sub-codes daily to track price anomalies and adjust product mix. Focus production on higher-margin light-duty trucks (e.g., 87043199) to maximize returns.
• Verify USMCA origin rules for every shipment using Ballast Markets tariff data. Ensure continued 0% tariff access and avoid costly penalties or delays at the border.
• Diversify export destinations within Latin America using trade flow analytics. Target markets like Brazil or Chile for truck parts or lower-cost models to reduce U.S. dependency.

Why Data Beats Tradition

Traditional methods use aggregated trade numbers. They miss critical sub-code price gaps and individual buyer patterns. This leads to misplaced pricing and inventory errors. Only transaction-level data reveals the real drivers of profit in Mexico Trucks Export 2025 July for HS Code 8704.

Take Action Now —— Explore Mexico Trucks Export Data

Frequently Asked Questions

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

The unit price hit a yearly low of 0.69 USD/kg, down 7% month-over-month, due to seasonal production ramps and competitive pressure amid high shipment volumes. Anticipation of Section 232 tariffs from November 2025 may also be accelerating exports.

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

The U.S. dominates with 89.47% of export value, followed by Canada and Latin American markets like Brazil, Chile, and Argentina, which form smaller clusters.

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

Price disparities stem from product differentiation: light-duty trucks (e.g., sub-code 87043199) average 1.04 USD/kg, while heavier-duty models or parts trade at lower rates (0.34–1.32 USD/kg).

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

Prioritize high-value, frequent buyers (86.67% of export value) and verify USMCA compliance to maintain 0% tariffs, while monitoring potential Section 232 impacts.

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

U.S. buyers benefit from integrated supply chains and premium assembled trucks, while Latin American markets likely receive lower-cost models or parts.

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

Exports primarily consist of light-duty vehicles for goods transport (e.g., sub-code 87043199 under 5 tonnes) and heavier-duty trucks, reflecting differentiated manufacturing grades.

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.