U.S. imports from Mexico reach record levels and consolidate leadership in foreign trade
US imports of products originating in Mexico grew at a compound annual rate of 6.14% between 2015 and 2025, reaching a record $534.873 billion. This consolidated Mexico’s position as the main supplier of goods to the United States, in a context of supply chain and trade policy reconfiguration. In contrast, US imports from China registered […]
Capital goods imported by Mexico fall after 4 years of increases
Capital goods imported by Mexico fell in the first five months of 2025, after growing for four consecutive years. According to Inegi data, Mexico imported these products for a customs value of 22.922 billion dollars from January to May of this year. This implies a year-on-year decrease of 11.5 percent. Why is this trend important? […]
Trend of capital goods imports into Mexico
The trend of capital goods imports to Mexico showed a drop in the first quarter of 2025, after four years of continuous growth in the same period, according to Inegi data. In the first three months of 2025, Mexico imported these products for a customs value of US$13.599 billion. Imports of capital goods consist of […]
Imports of capital goods to Mexico from China
Imports of capital goods to Mexico from China accounted for 61.66% of total Mexican merchandise imports in 2021, according to the most recent data available from World Bank statistics. That proportion has increased in recent decades from a coverage of 17% in 1994. What are capital goods? Assets that are used in the production of […]
The super peso in Mexico and imports of capital goods
The super peso has influenced the growth of capital goods imports into Mexico after the Covid-19 pandemic. Among all currency quotes against the dollar, the Mexican peso is one of the currencies that has appreciated the most. On December 29, 2023, the exchange rate closed at 16.9190 pesos per dollar, an appreciation of 13.1% in […]
Durable goods purchases are more credit-dependent: WTO
Purchases of durable goods are more dependent on credit, making them more vulnerable to interest rate fluctuations. Durable goods have a longer useful life, with a greater ability to withstand wear and tear, such as cars, furniture, washing machines, refrigerators, computers and televisions. According to a World Trade Organization (WTO) report, in response to declining […]
Mexican merchandise imports fell 1% in January
Mexican merchandise imports fell 1% in January 2024, to 46.272 billion dollars, Inegi informed this Tuesday. Among the products that Mexico imports the most are auto parts, gasoline, advanced electronic circuits, gas, telephones, computers and cars. To ponder: considering full years, Mexican merchandise imports decreased in 2019 and 2020, respectively 1.9% and 15.8%; then, in […]
Imports to Mexico fall 1% in 2023
Imports to Mexico fell at a year-on-year rate of 1.0% in 2023, to US$598.475 billion. While Mexican purchases of petroleum products fell 30.2% to $51.755 billion dollars, those of non-petroleum products rose 3.1% to $546.721 billion dollars. Mexico is the fourteenth largest economy in the world, the second largest in Latin America and the largest […]
Imports of capital goods to Mexico
Imports of capital goods to Mexico totaled 37.744 billion dollars in the first eight months of 2023, an interannual increase of 22.5%, according to Inegi data. In August, this indicator totaled US$5.205 billion, up 18.2% over the same month of 2022. During 2022, total imports (excluding services) increased 19.6% compared to 2021. This was mainly […]
Companies participating in Prosec: 4,000
Nearly 4,000 companies participated in Mexico‘s Sector Promotion Programs (Prosec) in 2022, according to the U.S. International Trade Commission (USITC). Prosec and Rule Eight are production promotion programs separate from IMMEX, but companies can use these three programs together. In particular, Prosec allows the importation of a defined set of goods for use in the […]