Monitor Report of MEXICO trade and MEXICO-China binational trade in 202202

 1.  Overview the trade of MEXICO in goods current year until 202202

According to Dalian Infobank, in 202202MEXICO's exports and imports of goods amounted to 54570.8225 million, and were down 2.58% comparing with the same period of last year. Among these, exports were up 5.23% at 28996.9512 million, and imports were down 10.14% at 25573.8713 million. And the corresponding trade surplus was 3423.0800 million and down 479.78%.

During the current year until 202202, MEXICO's total exports and imports of goods were 97815.3106 million and were up 8.40% comparing to the same period of last year. Among these, exports were 51479.4353 million and up 21.07%; imports were 46335.8753 million and down 2.89%. The total trade surplus was 5143.5601 million and down 198.97%.

If considering by country (region), UNITED STATES, CHINA, CANADA, MALAYSIA, TAIWAN were MEXICO's top five trading partners. During the current year until 202202, MEXICO's imports and exports to five countries/territories were 74545.7810 million, 8327.0369 million, 2244.4571 million, 1923.0301 million, 1500.0553 million. These values correspond to 76.21%, 8.51%, 2.29%, 1.97%, 1.53% of MEXICO's imports and exports, and, respectively, were up 34.21%, down 27.84%, up 12.50%, up 45.53%, up 6.14% comparing to the same period of last year.

Current year until 202202, MEXICO and the top five trade partners UNITED STATES, CANADA, SINGAPORE, GUATEMALA, NETHERLANDS are the top five countries/territories that MEXICO exports to in terms of the total export amount. During the current year until 202202, MEXICO's exports to these five countries/territories were 48429.4289 million, 1176.9176 million, 218.5375 million, 171.7356 million, 138.6274 million. These values correspond to 94.08%, 2.29%, 0.42%, 0.33%, 0.27% of MEXICO's exports and, respectively, were up 38.07%, up 10.54%, up 606.43%, up 32.12%, down 10.18% comparing with the same period of last year.

Current year until 202202, MEXICO's exports to top five countries/territories UNITED STATES, CHINA, MALAYSIA, TAIWAN, SOUTH KOREA are the top five countries/territories that MEXICO imports from in terms of the total export amount. During the current year until 202202, MEXICO's imports from these five countries/territories were 26116.3521 million, 8196.3447 million, 1911.6204 million, 1479.4654 million, 1246.4052 million. These values correspond to 56.36%, 17.69%, 4.13%, 3.19%, 2.69% of MEXICO's total imports and, respectively, were up 27.59%, down 25.89%, up 46.16%, up 8.22%, down 42.65% comparing with the same period of last year.

During the current year until 202202, the trade surplus of MEXICO was mainly from UNITED STATES, GUATEMALA, CANADA, NETHERLANDS, NICARAGUA at 22313.0768 million, 120.9910 million, 109.3780 million, 91.1364 million, 54.8004 million, and up 52.75%, up 26.23%, down 18.57%, up 84.72%, down 645.03%. And the trade deficits were mainly from CHINA, MALAYSIA, TAIWAN, SOUTH KOREA, JAPAN at 8065.6525 million, 1900.2108 million, 1458.8755 million, 1215.3414 million, 816.9250 million, and down 23.76%, up 46.81%, up 10.44%, down 40.92%, down 52.72%.

Current year until 202202, MEXICO's trade surplus or deficit with top five countries/territories During the current year until 202202,  commodities with hs2 codes, 85, 84, 87, 39, 90, were MEXICO's top five traded commodities. They correspond to the import and export values of 24111.7127 million, 19925.3752 million, 12301.7226 million, 4832.5586 million, 4350.2022 million, which were up 11.68%, up 35.76%, down 18.74%, up 16.76%, up 0.10% comparing with the same period of last year and account for 24.65%, 20.37%, 12.58%, 4.94%, 4.45% of MEXICO's total imports and exports.

During the current year until 202202, 84, 85, 87, 90, 08 were MEXICO's top five traded commodities, with total import and export values of 11517.7842 million, 11337.0739 million, 9212.2237 million, 2617.7423 million, 1522.7146 million. These values correspond to 22.37%, 22.02%, 17.89%, 5.09%, 2.96% of MEXICO's total exports and, respectively, were up 71.70%, up 22.85%, down 10.38%, up 18.09%, up 138.67% comparing to the same period of last year.

During the current year until 202202, 85, 84, 39, 87, 27 were MEXICO's top five traded commodities, with total import values of 12774.6388 million, 8407.5910 million, 3490.2502 million, 3089.4990 million, 2301.5028 million. These values correspond to 27.57%, 18.14%, 7.53%, 6.67%, 4.97% of MEXICO's total exports and, respectively, were up 3.34%, up 5.51%, up 6.62%, down 36.43%, down 14.37% comparing to the same period of last year.


2. Current year until 202202, MEXICO binational trade profile

According to Dalian Infobank, during the current year until 202202, MEXICO-China binational exports and imports of goods amounted to 8327.0369 million and were down 27.84% comparing with the same period of last year. Among these, exports from MEXICO to China were 130.6922 million and down 72.77%, imports from China to MEXICO were 8196.3447 million and down 25.89%. The total binational trade deficit was 8065.6525 million and down 23.76%.

During the urrent year until 202202, commodities with hs2 code, 85, 84, 90, 98, 87, were binational trade's top five traded commodities. They correspond to import and export values of 4430.2931 million, 2033.3284 million, 318.8652 million, 220.4453 million, 168.2665 million and makes up 53.20%, 24.42%, 3.83%, 2.65%, 2.02% of the total binational imports and exports. These values were also up 0.92%, down 15.60%, down 58.13%, down 12.25%, down 78.16% comparing to the same period last year.

During the current year until 202202, 85, 87, 84, 98, 90 were the top five traded commodities exported to China from MEXICO, with export values of 84.1128 million, 16.0205 million, 9.5629 million, 8.8675 million, 5.1501 million. These values account for 64.36%, 12.26%, 7.32%, 6.79%, 3.94% of MEXICO's total exports and were down 9.83%, down 89.88%, down 74.34%, up 1004.38%, down 73.77% comparing to the same period of last year.

During the current year until 202202, 85, 84, 90, 98, 39 were MEXICO's top five traded commodities importing from China , with import values of 4346.1802 million, 2023.7655 million, 313.7151 million, 211.5777 million, 163.7254 million. These values account for 53.03%, 24.69%, 3.83%, 2.58%, 2.00% of MEXICO's total imports and were up 1.16%, down 14.68%, down 57.71%, down 15.51%, down 57.57% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INEGI