Mexico continues to gain ground over Canada, which is the second largest supplier, with 10% of U.S. purchases; according to the president of INA, Mexico's positive trend will continue in the coming years, due to the benefits of nearshoring.

Mexico's auto parts industry continues to gain ground in the U.S. market as the leading supplier of parts and components for light and heavy vehicles. From January to August, it achieved a 43.1% share of US purchases, while China holds 7.7% of that market, according to the National Auto Parts Industry (INA). 

Mexico is the leading auto parts supplier, followed by Canada, which lost almost one percentage point (0.74) during the period January to August of this year, compared to the same period in 2023.

Meanwhile, China, which had been on a downward trend, has remained the third largest importer in the U.S. market this year, with 7.7% of total U.S. purchases.

Mexico has made a great leap as a supplier to the United States, from a 29.8% share in 2007 to 42.9% in 2023 and 43.1% in 2024 -until last August-, according to INA.

A decade ago, Mexico's auto parts industry supplied 33.85% to the United States, 12.62% to Canada and 12.1% to China, reflecting the fact that while Mexican manufacturing continues to grow, Canada and China are on the decline.

According to the president of INA, Mexico's positive trend will continue in the coming years, due to the benefits of nearshoring, where European and American companies previously installed in China have moved to our country.

In addition, the new rules of origin required by the T-MEC to reach 75% regional content, are another factor in Mexico's favor