The growing efforts towards diversification of the market are making the country proceed at an annual growth rate of 6% per year representative of the growing concern among the government authorities and the trade firms. The advancement in technology and the strategic geographical proximity are recording a pivotal growth of the overall GDP value.
Due to the increasing global acquisitions from the trade management authorities of Mexico and the evolution of the infrastructure, the export trade value of the same has stood up at a staggering export value of 591 billion US dollars. The attributing factors like free trade agreements and efficient manufacturing sectors are working for the proactive growth of the annual revenue.
Mexico, one of the largest exporters of Latin America, the diversification has introduced different varieties in the growing exports. According to the Mexico Export Data, the top 10 leading exports from the nation in 2024 are,
• Vehicles – Export trade value of Vehicles from Mexico in 2024 – 135 billion US dollars.
• Machinery – Export trade value of Machinery from Mexico in 2024 – 90 billion US dollars.
• Electrical equipment – Export trade value of Electrical equipment from Mexico in 2024 – 86 billion US dollars.
• Medical instruments – Export trade value of Medical instruments from Mexico in 2024 – 25 billion US dollars.
• Mineral fuels – Export trade value of Mineral fuels from Mexico in 2024 – 18 billion US dollars.
• Electronic Circuits & Micro Assemblies – Export trade value of Electronic circuits & micro assemblies from Mexico in 2024 – 14 billion US dollars.
• Plastics – Export trade value of Plastics from Mexico in 2024 – 13 billion US dollars.
• Furniture & Bedding – Export trade value of Furniture & bedding from Mexico in 2024 – 10 billion US dollars.
• Precious Stones & Metals – Export trade value of Precious stones & metals from Mexico in 2024 – 8 billion US dollars.
• Fruits & Nuts – Export trade value of Fruits & nuts from Mexico in 2024 – 7 billion US dollars.
The country’s solidifying position has built up better trade relations with most of the leading trade destinations worldwide. According to the Mexico Trade Data, the top 10 leading export trade partners of the nation in 2024 are,
• United States – According to the USA Import Data, the valuation of the goods exported from Mexico in 2024 – 388 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Passenger cars
2. Automotive parts and accessories
3. Trucks
4. Computers
5. Crude oil
• Canada – According to the Canada Import Data, the valuation of the goods exported from Mexico in 2024 – 20 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Insulated electrical conductors
2. Electric telephony or telegraphy devices
3. Medical or veterinary devices
4. Tractors
5. Spark plug wire sets
• China – According to the China Import Data, valuation of the goods exported from Mexico in 2024 – 12 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Televisions
2. Beer
3. Beef products
4. Tequila
5. Avocados
• Japan – According to the Japan Import Data, valuation of the goods exported from Mexico in 2024 – 11 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Berries
2. Tomatoes
3. Passenger vehicle engines
4. Refrigerators and freezers
5. Air conditioning machines
• Germany – According to the Germany Import Data, the valuation of the goods exported from Mexico in 2024 – 10 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Electrical transformers
2. Gold
3. Silver
4. Copper ores and concentrates
5. Zinc ores and concentrates
• South Korea – According to the South Korea Import Data, valuation of the goods exported from Mexico in 2024 – 8 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Lead ores and concentrates.
2. Petroleum gases and other gaseous hydrocarbons
3. Plastic articles
4. Polyethylene in primary forms
5. Polypropylene
• Brazil – According to the Brazil Import Data, the valuation of the goods exported from Mexico in 2024 – 6 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Medicaments
2. Vaccines for human medicine
3. Orthopedic appliances
4. Furniture and parts thereof
5. Seats
• Spain – According to the Spain Import Data, the valuation of the goods exported from Mexico in 2024 – 4 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Mattresses
2. Lamps and lighting fittings
3. Prefabricated buildings
4. Cement
5. Ceramic tiles and flags
• United Kingdom – According to the United Kingdom Import Data, the valuation of the goods exported from Mexico in 2024 – 3 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Glassware
2. Flat-rolled products
3. Tubes
4. Aluminum plates
5. Aluminum waste
• France – According to the France Import Data, valuation of the goods exported from Mexico in 2024 – 2 billion US dollars.
LEADING EXPORTS FROM MEXICO
1. Cabbages
2. Grapes, fresh or dried
3. Melons
4. Strawberries
5. Cement
Que. Name the top export trade partner of Mexico in 2024.
Ans. The United States is the top export trade partner of Mexico in 2024.
Que. What is the top export of Mexico in 2024?
Ans. Vehicles are the top export of Mexico in 2024.
Que. What is the export trade value of Mexico in 2024?
Ans. The export trade value of Mexico in 2024 is 591 billion US dollars.
Que. Where can you get a detailed trade analysis of Mexico’s exports in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of Mexico’s exports in 2024.