1. Overview the trade of MEXICO in goods current year until 202211
According to Dalian Infobank, in 202211, MEXICO's exports and imports of goods amounted to 58074.7373 million, and were up 8.48% comparing with the same period of last year. Among these, exports were up 7.31% at 30560.8933 million, and imports were up 9.82% at 27513.8440 million. And the corresponding trade surplus was 3047.0493 million and down 11.05%.
During the current year until 202211, MEXICO's total exports and imports of goods were 631984.8810 million and were up 11.53% comparing to the same period of last year. Among these, exports were 330618.8375 million and up 15.98%; imports were 301366.0435 million and up 7.03%. The total trade surplus was 29252.7940 million and up 741.50%.
If considering by country (region), UNITED STATES, CHINA, CANADA, MALAYSIA, TAIWAN were MEXICO's top five trading partners. During the current year until 202211, MEXICO's imports and exports to five countries/territories were 489046.8586 million, 48009.9386 million, 14479.7783 million, 11529.1415 million, 10230.4500 million. These values correspond to 77.38%, 7.60%, 2.29%, 1.82%, 1.62% of MEXICO's imports and exports, and, respectively, were up 18.54%, down 8.23%, up 19.81%, up 15.65%, up 19.91% comparing to the same period of last year.
Current year until 202211, 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 202211, MEXICO's exports to these five countries/territories were 313463.9569 million, 7030.5808 million, 1117.4116 million, 866.2664 million, 832.5176 million. These values correspond to 94.81%, 2.13%, 0.34%, 0.26%, 0.25% of MEXICO's exports and, respectively, were up 19.94%, up 17.82%, up 13.57%, up 0.76%, down 52.73% comparing with the same period of last year.
Current year until 202211, 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 202211, MEXICO's imports from these five countries/territories were 175582.9017 million, 47177.4210 million, 11414.2923 million, 10116.5102 million, 8378.6489 million. These values correspond to 58.26%, 15.65%, 3.79%, 3.36%, 2.78% of MEXICO's total imports and, respectively, were up 16.11%, down 6.68%, up 15.46%, up 20.88%, down 11.56% comparing with the same period of last year.
During the current year until 202211, the trade surplus of MEXICO was mainly from UNITED STATES, GUATEMALA, NETHERLANDS, EL SALVADOR, AUSTRALIA at 137881.0552 million, 787.7155 million, 562.2004 million, 265.1401 million, 167.1515 million, and up 25.21%, up 12.17%, up 20.10%, down 10.92%, down 21.12%. And the trade deficits were mainly from CHINA, MALAYSIA, TAIWAN, SOUTH KOREA, VIETNAM at 46344.9033 million, 11299.4432 million, 10002.5703 million, 8212.1705 million, 5020.9239 million, and down 5.01%, up 15.27%, up 21.89%, down 10.15%, up 11.47%.
Current year until 202211, MEXICO's trade surplus or deficit with top five countries/territories During the current year until 202211, 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 155526.5054 million, 133987.1908 million, 75717.6608 million, 30819.0116 million, 29014.8338 million, which were up 11.16%, up 22.42%, up 12.49%, up 9.42%, up 2.47% comparing with the same period of last year and account for 24.61%, 21.20%, 11.98%, 4.88%, 4.59% of MEXICO's total imports and exports.
During the current year until 202211, 84, 85, 87, 90, 39 were MEXICO's top five traded commodities, with total import and export values of 79030.3950 million, 75597.4444 million, 54825.9377 million, 18332.9948 million, 9081.6581 million. These values correspond to 23.90%, 22.87%, 16.58%, 5.55%, 2.75% of MEXICO's total exports and, respectively, were up 29.19%, up 13.45%, up 17.34%, up 12.59%, up 22.04% comparing to the same period of last year.
During the current year until 202211, 85, 84, 39, 87, 27 were MEXICO's top five traded commodities, with total import values of 79929.0611 million, 54956.7958 million, 21737.3535 million, 20891.7231 million, 18878.4127 million. These values correspond to 26.52%, 18.24%, 7.21%, 6.93%, 6.26% of MEXICO's total exports and, respectively, were up 9.07%, up 13.83%, up 4.89%, up 1.47%, up 10.32% comparing to the same period of last year.
2. Current year until 202211, MEXICO binational trade profile
According to Dalian Infobank, during the current year until 202211, MEXICO-China binational exports and imports of goods amounted to 48009.9386 million and were down 8.23% comparing with the same period of last year. Among these, exports from MEXICO to China were 832.5176 million and down 52.73%, imports from China to MEXICO were 47177.4210 million and down 6.68%. The total binational trade deficit was 46344.9033 million and down 5.01%.
During the urrent year until 202211, 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 24860.6964 million, 12045.3952 million, 1715.3137 million, 1279.5743 million, 1015.7059 million and makes up 51.78%, 25.09%, 3.57%, 2.67%, 2.12% of the total binational imports and exports. These values were also up 5.35%, down 2.54%, down 48.41%, down 8.62%, down 24.41% comparing to the same period last year.
During the current year until 202211, 85, 84, 87, 98, 03 were the top five traded commodities exported to China from MEXICO, with export values of 514.6864 million, 109.4711 million, 76.6122 million, 50.5317 million, 31.8549 million. These values account for 61.82%, 13.15%, 9.20%, 6.07%, 3.83% of MEXICO's total exports and were up 8.74%, down 39.28%, down 77.66%, up 248.37%, up 26.37% comparing to the same period of last year.
During the current year until 202211, 85, 84, 90, 98, 39 were MEXICO's top five traded commodities importing from China , with import values of 24346.0100 million, 11935.9241 million, 1685.8975 million, 1229.0426 million, 1010.1624 million. These values account for 51.61%, 25.30%, 3.57%, 2.61%, 2.14% of MEXICO's total imports and were up 5.28%, down 2.00%, down 47.91%, down 11.31%, down 23.80% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: INEGI