Mexico has consolidated its presence in the global market, especially in the United States, where it has even displaced China as its main trading partner. Although it exports a wide range of products and foodstuffs, the automotive sector continues to be the jewel in the crown.
According to information from the Bank of Mexico (Banxico), during the first half of 2024, the country's total exports amounted to 299,387.1 million dollars (mdd), of which 5% correspond to oil (14,844.9 mdd) and 95% to non-oil (284,542.2 mdd), highlighting that, of this last item, 93.6% (266,401.8 mdd) comes from the manufacturing sector.
The United States continues to lead as Mexico's main trading partner, accounting for 84% of total Mexican exports, while the remaining 16% is distributed among other global markets.
The Mexican products most sold abroad are, in first place, automobiles. In January-June 2024, Mexico exported $28,962.9 million dollars for passenger cars.
In second place, with $20,688.2 million dollars were vehicle parts and accessories, followed by trucks, which reached $20,623.8 million dollars.
Computers are positioned in fourth place, accumulating $14.379 billion dollars in January-June 2024, consolidating as one of the engines of the country's export growth, totaling $14.379 billion dollars from January to June 2024. According to the Ministry of Economy, the main exporting states of electronic and computer products are Mexico City, Jalisco, Chihuahua, Tamaulipas and Baja California. The main international buyers of these products include the United States, Germany, the Netherlands, Japan and Denmark.
In fifth place is crude oil, with a record of $11,261.3 billion dollars. Insulated conductors for electricity and electric telephony or telegraphy devices occupy the sixth and seventh place, with $8,985.5 and $7,321.4 billion dollars, respectively.
In eighth place is the category of medical or veterinary devices, with $6,656.5 billion dollars. In ninth place, tractors, with $5,774.7 billion dollars and in tenth place, spark plug wire sets, with an amount of $5,592.5 billion dollars, to close the top. Close to the top 10 are televisions, which registered an amount of $4,970.1 billion dollars in the reference period.