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Monitor Report of MEXICO trade and MEXICO-China binational trade in 202210

 1.  Overview the trade of MEXICO in goods current year until 202210

According to Dalian Infobank, in 202210, MEXICO's exports and imports of goods amounted to 60203.3048 million, and were up 18.53% comparing with the same period of last year. Among these, exports were up 23.23% at 31488.9485 million, and imports were up 13.77% at 28714.3563 million. And the corresponding trade surplus was 2774.5922 million and up 783.18%.

During the current year until 202210, MEXICO's total exports and imports of goods were 573910.1437 million and were up 11.85% comparing to the same period of last year. Among these, exports were 300057.9442 million and up 16.95%; imports were 273852.1995 million and up 6.76%. The total trade surplus was 26205.7447 million and up 51721.84%.

If considering by country (region), UNITED STATES, CHINA, CANADA, MALAYSIA, TAIWAN were MEXICO's top five trading partners. During the current year until 202210, MEXICO's imports and exports to five countries/territories were 444501.7992 million, 43809.8490 million, 13043.7492 million, 10369.6853 million, 9016.3337 million. These values correspond to 77.45%, 7.63%, 2.27%, 1.81%, 1.57% of MEXICO's imports and exports, and, respectively, were up 19.57%, down 8.19%, up 20.87%, up 15.24%, up 18.27% comparing to the same period of last year.

Current year until 202210, MEXICO and the top five trade partners UNITED STATES, CANADA, GUATEMALA, NETHERLANDS, CHINA are the top five countries/territories that MEXICO exports to in terms of the total export amount. During the current year until 202210, MEXICO's exports to these five countries/territories were 284502.0748 million, 6343.3344 million, 1031.8405 million, 772.8018 million, 748.5269 million. These values correspond to 94.82%, 2.11%, 0.34%, 0.26%, 0.25% of MEXICO's exports and, respectively, were up 21.39%, up 21.34%, up 16.21%, up 0.38%, down 55.53% comparing with the same period of last year.

Current year until 202210, 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 202210, MEXICO's imports from these five countries/territories were 159999.7244 million, 43061.3221 million, 10268.1856 million, 8911.7893 million, 7539.1053 million. These values correspond to 58.43%, 15.72%, 3.75%, 3.25%, 2.75% of MEXICO's total imports and, respectively, were up 16.46%, down 6.46%, up 15.08%, up 19.31%, down 14.22% comparing with the same period of last year.

During the current year until 202210, the trade surplus of MEXICO was mainly from UNITED STATES, GUATEMALA, NETHERLANDS, EL SALVADOR, AUSTRALIA at 124502.3504 million, 728.2037 million, 496.9422 million, 243.9153 million, 157.7840 million, and up 28.39%, up 15.42%, up 24.41%, down 10.22%, down 23.33%. And the trade deficits were mainly from CHINA, MALAYSIA, TAIWAN, SOUTH KOREA, JAPAN at 42312.7951 million, 10166.6859 million, 8807.2449 million, 7390.3113 million, 4498.8196 million, and down 4.60%, up 14.91%, up 20.41%, down 12.72%, down 28.74%.

Current year until 202210, MEXICO's trade surplus or deficit with top five countries/territories During the current year until 202210,  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 140760.6401 million, 120982.7848 million, 69113.9369 million, 28219.0940 million, 26114.8892 million, which were up 11.48%, up 23.29%, up 12.23%, up 10.44%, up 1.57% comparing with the same period of last year and account for 24.53%, 21.08%, 12.04%, 4.92%, 4.55% of MEXICO's total imports and exports.

During the current year until 202210, 84, 85, 87, 90, 39 were MEXICO's top five traded commodities, with total import and export values of 71401.4307 million, 68146.0544 million, 50136.1960 million, 16478.6862 million, 8304.0226 million. These values correspond to 23.80%, 22.71%, 16.71%, 5.49%, 2.77% of MEXICO's total exports and, respectively, were up 30.98%, up 13.79%, up 17.43%, up 11.82%, up 24.08% comparing to the same period of last year.

During the current year until 202210, 85, 84, 39, 87, 27 were MEXICO's top five traded commodities, with total import values of 72614.5857 million, 49581.3541 million, 19915.0714 million, 18977.7409 million, 17471.5220 million. These values correspond to 26.52%, 18.11%, 7.27%, 6.93%, 6.38% of MEXICO's total exports and, respectively, were up 9.40%, up 13.67%, up 5.60%, up 0.47%, up 11.15% comparing to the same period of last year.


2. Current year until 202210, MEXICO binational trade profile

According to Dalian Infobank, during the current year until 202210, MEXICO-China binational exports and imports of goods amounted to 43809.8490 million and were down 8.19% comparing with the same period of last year. Among these, exports from MEXICO to China were 748.5269 million and down 55.53%, imports from China to MEXICO were 43061.3221 million and down 6.46%. The total binational trade deficit was 42312.7951 million and down 4.60%.

During the urrent year until 202210, commodities with hs2 code, 85, 84, 90, 98, 39, were binational trade's top five traded commodities. They correspond to import and export values of 22663.7593 million, 11015.0686 million, 1555.2779 million, 1173.1984 million, 933.7380 million and makes up 51.73%, 25.14%, 3.55%, 2.68%, 2.13% of the total binational imports and exports. These values were also up 6.58%, down 1.17%, down 49.50%, down 9.39%, down 25.91% comparing to the same period last year.

During the current year until 202210, 85, 84, 87, 98, 03 were the top five traded commodities exported to China from MEXICO, with export values of 457.3472 million, 96.5495 million, 72.0894 million, 46.4495 million, 30.8982 million. These values account for 61.10%, 12.90%, 9.63%, 6.21%, 4.13% of MEXICO's total exports and were up 4.03%, down 40.45%, down 77.91%, up 262.58%, up 22.57% comparing to the same period of last year.

During the current year until 202210, 85, 84, 90, 98, 39 were MEXICO's top five traded commodities importing from China , with import values of 22206.4122 million, 10918.5191 million, 1528.3154 million, 1126.7489 million, 928.6700 million. These values account for 51.57%, 25.36%, 3.55%, 2.62%, 2.16% of MEXICO's total imports and were up 6.63%, down 0.59%, down 48.97%, down 12.11%, down 25.30% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INEGI