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Monitor Report of MEXICO trade and MEXICO-China binational trade in 202205

 1.  Overview the trade of MEXICO in goods current year until 202205

According to Dalian Infobank, in 202205, MEXICO's exports and imports of goods amounted to 59075.9236 million, and were up 20.86% comparing with the same period of last year. Among these, exports were up 19.58% at 31005.9559 million, and imports were up 22.30% at 28069.9677 million. And the corresponding trade surplus was 2935.9883 million and down 1.44%.

During the current year until 202205, MEXICO's total exports and imports of goods were 273597.8880 million and were up 3.26% comparing to the same period of last year. Among these, exports were 143981.8495 million and up 9.70%; imports were 129616.0385 million and down 3.05%. The total trade surplus was 14365.8111 million and down 686.30%.

If considering by country (region), UNITED STATES, CHINA, CANADA, MALAYSIA, TAIWAN were MEXICO's top five trading partners. During the current year until 202205, MEXICO's imports and exports to five countries/territories were 211006.4986 million, 21248.6863 million, 6526.5645 million, 4858.5040 million, 4253.6904 million. These values correspond to 77.12%, 7.77%, 2.39%, 1.78%, 1.55% of MEXICO's imports and exports, and, respectively, were up 16.02%, down 22.46%, up 13.68%, up 17.55%, up 11.72% comparing to the same period of last year.

Current year until 202205, MEXICO and the top five trade partners UNITED STATES, CANADA, GUATEMALA, JAPAN, NETHERLANDS are the top five countries/territories that MEXICO exports to in terms of the total export amount. During the current year until 202205, MEXICO's exports to these five countries/territories were 136108.8324 million, 3335.2661 million, 497.2623 million, 360.3228 million, 355.7028 million. These values correspond to 94.53%, 2.32%, 0.35%, 0.25%, 0.25% of MEXICO's exports and, respectively, were up 17.95%, up 17.18%, up 9.02%, down 29.05%, down 12.57% comparing with the same period of last year.

Current year until 202205, 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 202205, MEXICO's imports from these five countries/territories were 74897.6661 million, 20910.2662 million, 4814.9268 million, 4204.6717 million, 3582.7074 million. These values correspond to 57.78%, 16.13%, 3.71%, 3.24%, 2.76% of MEXICO's total imports and, respectively, were up 12.66%, down 19.88%, up 17.71%, up 13.35%, down 26.73% comparing with the same period of last year.

During the current year until 202205, the trade surplus of MEXICO was mainly from UNITED STATES, GUATEMALA, NETHERLANDS, CANADA, EL SALVADOR at 61211.1663 million, 347.9654 million, 219.2007 million, 143.9677 million, 119.7278 million, and up 25.14%, up 3.31%, up 43.60%, down 395.30%, down 17.03%. And the trade deficits were mainly from CHINA, MALAYSIA, TAIWAN, SOUTH KOREA, VIETNAM at 20571.8460 million, 4771.3496 million, 4155.6531 million, 3508.8022 million, 2341.8034 million, and down 17.04%, up 17.87%, up 15.08%, down 24.56%, up 2.98%.

Current year until 202205, MEXICO's trade surplus or deficit with top five countries/territories During the current year until 202205,  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 66028.8353 million, 56246.1122 million, 33339.4573 million, 13795.2771 million, 12389.3663 million, which were up 5.60%, up 20.50%, down 9.91%, up 12.99%, down 3.47% comparing with the same period of last year and account for 24.13%, 20.56%, 12.19%, 5.04%, 4.53% of MEXICO's total imports and exports.

During the current year until 202205, 84, 85, 87, 90, 08 were MEXICO's top five traded commodities, with total import and export values of 32983.4766 million, 31213.5956 million, 24324.8274 million, 7719.1114 million, 4181.2712 million. These values correspond to 22.91%, 21.68%, 16.89%, 5.36%, 2.90% of MEXICO's total exports and, respectively, were up 33.23%, up 7.94%, down 6.13%, up 11.21%, up 49.34% comparing to the same period of last year.

During the current year until 202205, 85, 84, 39, 87, 27 were MEXICO's top five traded commodities, with total import values of 34815.2396 million, 23262.6356 million, 9803.1013 million, 9014.6299 million, 6812.2536 million. These values correspond to 26.86%, 17.95%, 7.56%, 6.95%, 5.26% of MEXICO's total exports and, respectively, were up 3.60%, up 6.13%, up 6.32%, down 18.74%, down 23.64% comparing to the same period of last year.


2. Current year until 202205, MEXICO binational trade profile

According to Dalian Infobank, during the current year until 202205, MEXICO-China binational exports and imports of goods amounted to 21248.6863 million and were down 22.46% comparing with the same period of last year. Among these, exports from MEXICO to China were 338.4202 million and down 74.02%, imports from China to MEXICO were 20910.2662 million and down 19.88%. The total binational trade deficit was 20571.8460 million and down 17.04%.

During the urrent year until 202205, 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 10966.9352 million, 5378.1506 million, 760.8280 million, 570.1025 million, 450.8694 million and makes up 51.61%, 25.31%, 3.58%, 2.68%, 2.12% of the total binational imports and exports. These values were also down 1.16%, down 9.48%, down 60.36%, down 23.51%, down 67.63% comparing to the same period last year.

During the current year until 202205, 85, 84, 87, 98, 90 were the top five traded commodities exported to China from MEXICO, with export values of 205.7147 million, 49.4403 million, 40.2039 million, 17.3598 million, 12.7046 million. These values account for 60.79%, 14.61%, 11.88%, 5.13%, 3.75% of MEXICO's total exports and were down 15.66%, down 45.80%, down 84.81%, up 219.90%, down 79.50% comparing to the same period of last year.

During the current year until 202205, 85, 84, 90, 98, 39 were MEXICO's top five traded commodities importing from China , with import values of 10761.2205 million, 5328.7103 million, 748.1235 million, 552.7426 million, 444.9820 million. These values account for 51.46%, 25.48%, 3.58%, 2.64%, 2.13% of MEXICO's total imports and were down 0.83%, down 8.91%, down 59.72%, down 25.29%, down 44.91% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INEGI