1. Overview the trade of MEXICO in goods current year until 202203
According to Dalian Infobank, in 202203, MEXICO's exports and imports of goods amounted to 60195.3335 million, and were down 19.88% comparing with the same period of last year. Among these, exports were down 10.09% at 32007.5022 million, and imports were down 28.70% at 28187.8314 million. And the corresponding trade surplus was 3819.6708 million and down 196.99%.
During the current year until 202203, MEXICO's total exports and imports of goods were 158010.6441 million and were down 4.45% comparing to the same period of last year. Among these, exports were 83486.9375 million and up 6.87%; imports were 74523.7066 million and down 14.59%. The total trade surplus was 8963.2309 million and down 198.12%.
If considering by country (region), UNITED STATES, CHINA, CANADA, MALAYSIA, TAIWAN were MEXICO's top five trading partners. During the current year until 202203, MEXICO's imports and exports to five countries/territories were 121343.7458 million, 12652.7503 million, 3833.5283 million, 2898.7562 million, 2399.2081 million. These values correspond to 76.79%, 8.01%, 2.43%, 1.83%, 1.52% of MEXICO's imports and exports, and, respectively, were up 15.77%, down 36.77%, up 7.42%, up 22.54%, up 3.57% comparing to the same period of last year.
Current year until 202203, MEXICO and the top five trade partners UNITED STATES, CANADA, GUATEMALA, SINGAPORE, CHINA are the top five countries/territories that MEXICO exports to in terms of the total export amount. During the current year until 202203, MEXICO's exports to these five countries/territories were 78698.9515 million, 2038.5437 million, 292.3425 million, 236.9076 million, 209.5354 million. These values correspond to 94.26%, 2.44%, 0.35%, 0.28%, 0.25% of MEXICO's exports and, respectively, were up 20.80%, up 8.98%, up 8.78%, up 325.43%, down 81.72% comparing with the same period of last year.
Current year until 202203, 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 202203, MEXICO's imports from these five countries/territories were 42644.7943 million, 12443.2149 million, 2878.5965 million, 2368.9817 million, 1962.7537 million. These values correspond to 57.22%, 16.70%, 3.86%, 3.18%, 2.63% of MEXICO's total imports and, respectively, were up 7.52%, down 34.04%, up 23.04%, up 5.65%, down 46.53% comparing with the same period of last year.
During the current year until 202203, the trade surplus of MEXICO was mainly from UNITED STATES, CANADA, GUATEMALA, NETHERLANDS, EL SALVADOR at 36054.1572 million, 243.5590 million, 205.1184 million, 131.7969 million, 76.6281 million, and up 41.47%, up 41.28%, up 4.08%, up 150.73%, down 17.34%. And the trade deficits were mainly from CHINA, MALAYSIA, TAIWAN, SOUTH KOREA, JAPAN at 12233.6795 million, 2858.4367 million, 2338.7552 million, 1920.5743 million, 1363.7668 million, and down 30.96%, up 23.56%, up 7.88%, down 44.44%, down 54.24%.
Current year until 202203, MEXICO's trade surplus or deficit with top five countries/territories During the current year until 202203, 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 37958.1884 million, 32057.5839 million, 19958.2547 million, 7969.7462 million, 7152.5073 million, which were up 1.33%, up 17.41%, down 19.10%, up 8.90%, down 8.46% comparing with the same period of last year and account for 24.02%, 20.29%, 12.63%, 5.04%, 4.53% of MEXICO's total imports and exports.
During the current year until 202203, 84, 85, 87, 90, 08 were MEXICO's top five traded commodities, with total import and export values of 18871.5806 million, 17766.8594 million, 14751.1177 million, 4413.8963 million, 2566.3513 million. These values correspond to 22.60%, 21.28%, 17.67%, 5.29%, 3.07% of MEXICO's total exports and, respectively, were up 40.74%, up 7.91%, down 11.68%, up 11.33%, up 70.30% comparing to the same period of last year.
During the current year until 202203, 85, 84, 39, 87, 27 were MEXICO's top five traded commodities, with total import values of 20191.3291 million, 13186.0033 million, 5692.3474 million, 5207.1369 million, 3574.1419 million. These values correspond to 27.09%, 17.69%, 7.64%, 6.99%, 4.80% of MEXICO's total exports and, respectively, were down 3.82%, down 5.10%, up 0.72%, down 34.64%, down 50.79% comparing to the same period of last year.
2. Current year until 202203, MEXICO binational trade profile
According to Dalian Infobank, during the current year until 202203, MEXICO-China binational exports and imports of goods amounted to 12652.7503 million and were down 36.77% comparing with the same period of last year. Among these, exports from MEXICO to China were 209.5354 million and down 81.72%, imports from China to MEXICO were 12443.2149 million and down 34.04%. The total binational trade deficit was 12233.6795 million and down 30.96%.
During the urrent year until 202203, 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 6593.6886 million, 3112.6259 million, 481.7279 million, 349.5402 million, 270.2884 million and makes up 52.11%, 24.60%, 3.81%, 2.76%, 2.14% of the total binational imports and exports. These values were also down 10.19%, down 24.43%, down 66.70%, down 38.34%, down 78.28% comparing to the same period last year.
During the current year until 202203, 85, 87, 84, 98, 90 were the top five traded commodities exported to China from MEXICO, with export values of 131.2581 million, 25.7101 million, 22.4767 million, 11.1328 million, 9.1897 million. These values account for 62.64%, 12.27%, 10.73%, 5.31%, 4.39% of MEXICO's total exports and were down 21.98%, down 89.45%, down 63.26%, up 202.75%, down 78.87% comparing to the same period of last year.
During the current year until 202203, 85, 84, 90, 98, 39 were MEXICO's top five traded commodities importing from China , with import values of 6462.4305 million, 3090.1492 million, 472.5382 million, 338.4074 million, 263.6959 million. These values account for 51.94%, 24.83%, 3.80%, 2.72%, 2.12% of MEXICO's total imports and were down 9.91%, down 23.85%, down 66.32%, down 39.91%, down 58.35% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: INEGI
