20-Nov-2025

Key Points
Did you know? Mexico's economy remains one of the most dynamic in the world. The nation's trade environment in 2024–2025 is characterised by a robust mix of established partners and new market partnerships driven by the expansion of manufacturing, nearshoring investments, and export capacity. Mexico's connections with major international economies are more crucial than ever because industries like machinery, electronics, automobiles, and agriculture drive significant amounts of cross-border trade.
Knowing Mexico's biggest trading partners can reveal information about international supply chains, foreign investment patterns, and strategic business alliances that will influence the nation's future.
With exports of about €617 billion and imports of about €625 billion in 2024, Mexico's trade experienced a slight deficit, as per the Mexico trade data. Trade flows balanced out for the first half of 2025, with an average monthly surplus of roughly €$1.4 billion and monthly exports and imports of about €$56.7 billion.

Nuclear reactors and electrical machinery dominated imports, while automobiles and electrical machinery were major export categories.
According to recent Mexico export import data, Mexico had a small trade deficit in 2024, with imports totalling roughly $52.16 billion and exports of roughly $52 billion, resulting in a $133 million shortfall in November of that year.
While non-oil exports grew by a moderate 4% year over year, oil exports decreased by 2.7%.
Mexico's trade deficit for the first 11 months of 2024 is somewhat smaller overall than it was for the previous year, despite the fact that it is now modest.
Here are the biggest trade partners of Mexico:
|
Rank |
Mexico top trade partners |
Mexico trade data (Trade Value in USD) |
Mexico import export data Percentage of Total Trade |
|
1 |
United States |
$728.2 billion |
61.2% |
|
2 |
China |
$123.2 billion |
10.4% |
|
3 |
Canada |
$30.7 billion |
2.6% |
|
4 |
Germany |
$29.6 billion |
2.5% |
|
5 |
Japan |
$22.1 billion |
1.9% |
|
6 |
South Korea |
$21.6 billion |
1.8% |
|
7 |
Brazil |
$17.7 billion |
1.5% |
|
8 |
Taiwan |
$12.9 billion |
1.1% |
|
9 |
India |
$11.6 billion |
1.0% |
|
10 |
Malaysia |
$11.1 billion |
0.9% |
The United States remains Mexico’s largest and most influential trade partner, accounting for the majority of its exports and imports. The USMCA agreement continues to strengthen bilateral trade through smoother regulations and integrated supply chains. Automotive, electronics, and machinery dominate the flow between the two countries. Nearshoring trends are further boosting U.S. investment in Mexico, making the partnership more strategic than ever.
Based on Mexico trade data, China is Mexico’s second-largest trading partner, primarily supplying electronics, machinery, and manufactured components. The relationship is driven by China’s role as a global manufacturing hub, providing essential inputs to Mexico’s industrial and assembly sectors. Although the trade balance heavily favours China, Mexico continues to expand its import channels for technology and consumer goods. Growing opportunities in renewable energy and digital infrastructure are shaping future engagement.
Based on mexico export import data, Canada maintains a strong trade relationship with Mexico through the USMCA framework, fostering smoother collaboration in North America. Trade flows include automotive parts, agricultural goods, and industrial machinery. Both countries benefit from shared participation in integrated supply chains, especially in manufacturing. Investments in mining, energy, and logistics are further strengthening bilateral economic ties.
Germany is one of Mexico’s most important European trade partners, known for high-quality engineering and advanced manufacturing exports. The relationship is driven by sectors such as automotive, chemicals, and industrial machinery. German companies have established strong operational bases in Mexico, contributing to employment and innovation. Continued cooperation is expected in renewable energy, automation, and smart manufacturing technologies.
Japan has developed a long-standing trade partnership with Mexico, focused on automobiles, electronics, and precision machinery. Major Japanese brands operate manufacturing plants across Mexico, supporting technology transfer and skilled employment. Japan also imports agricultural and food products from Mexico, strengthening mutual exchange. The partnership continues to evolve with growing cooperation in clean energy and advanced mobility solutions.
According to Mexico trade data, South Korea is an increasingly influential trade partner for Mexico, supplying cars, electronics, steel, and industrial parts. Korean investment in Mexico’s automotive and technology sectors has expanded rapidly over the past decade. Bilateral trade is also supported by strong participation in supply chains for home appliances and mobile devices. As global demand for semiconductors and electric vehicles rises, the Mexico–South Korea partnership is expected to grow even further. To know the list of Mexico top trade partners, Mexico trade statistics, HS code or Mexico import-export data, connect with the ExportImportData portal.
Here are Mexico biggest trade partners in terms of exports:
|
Mexico export partners |
Mexico export data |
|
United States of America |
US$472.22 billion |
|
America |
US$18.88 billion |
|
Canada |
US$17.72 billion |
|
China |
US$9.15 billion |
|
Germany |
US$8.75 billion |
|
Taiwan |
US$5.14 billion |
|
Brazil |
US$4.32 billion |
|
Japan |
US$3.84 billion |
|
South Korea |
US$3.81 billion |
|
Guatemala |
US$2.92 billion |
Therefore, get in touch with us on ExportImportData.in to learn more about Mexico trading partners, Mexico main trade partners and import-export statistics.
Here is the list of Mexico biggest trade partners in terms of imports:
|
Mexico import partners |
Mexico import data |
|
USA |
US$255.94 billion |
|
China |
US$114.49 billion |
|
Germany |
US$21.23 billion |
|
Japan |
US$20.62 billion |
|
South Korea |
US$19.49 billion |
|
China |
US$14.32 billion |
|
Brazil |
US$13.42 million |
|
Canada |
US$13.1 billion |
|
Malaysia |
US$ US$11.99lion |
|
Vietnam |
US$ US$11.58ion |
A Delhi-based agro-export company, FreshAgro Traders, wanted to expand its international reach by targeting buyers in Mexico, one of the fastest-growing import markets for agricultural products such as spices, rice, wheat, and FMCG items.
Despite having good production capacity, the company struggled to identify verified, active Mexican importers, Mexico trade data, Mexico trading partners and the right market segments.
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As we look at Mexico’s trade performance for 2024–25, it’s clear that the nation’s economic strength is closely tied to its robust international partnerships. Mexico trading partners continue to support Mexico’s industrial expansion, while rising global demand for high-quality manufacturing and nearshore solutions further boosts its position in world trade.
Whether through deepened ties with North American allies or growing opportunities across Europe and Asia, Mexico’s trade network will remain a vital engine for sustained economic growth, export diversification, and long-term competitiveness.
ExportImportData.in played a crucial role in helping FreshAgro Traders expand into the Mexican import market. Through accurate Mexico trade data, shipment history, and market insights, the company was able to identify real and active Mexican buyers and understand import trends.
Mexico top trade partners: Germany
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Mexico is known for its export-oriented economy, particularly in manufacturing, with vehicles and automotive parts, electrical machinery, and machinery being its top exports.
With a trade value of US$472.22 billion, the USA is regarded as Mexico's top trading partner.
The United States buys the most from Mexico, both as the largest overall trade partner and as the biggest destination for Mexican exports.
The USA primarily imports vehicles, electrical and electronic equipment, and mineral fuels from Mexico.
The USA is considered Mexico's most important trading partner, with a trade value of US$472.22 billion.
Mexico's largest export partner is the United States, which accounts for the majority of its exports.