Highest Value Mexican Export Products

Chichen Itza Temple in Mexico

Chichen Itza Temple

The list of 20 highest value Mexican export products testifies to Mexico’s success in international automotive, telecommunications and computer markets.

Mexico is also known for exported gold. Unhappily, the value of gold shipments from the country formally called the United Mexican States retreated by -9.1% from 2016 to 2017.

The following list shows which Mexican exported goods generated the most sales during 2017. Unlike most information currently available on the web, the items below are detailed at the 4-digit tariff code level.

More detailed granularity can help entrepreneurs identify precisely which products Mexico has strong competitive advantages over other nations, and potential further opportunities via innovation.

Highest Value Mexican Export Products

Below are the 20 highest value export products shipped from Mexico during 2017. Shown within brackets is the 4-digit harmonized tariff system code for each item.

  1. Cars: US$41.7 billion (up 32.7% since 2016)
  2. Automobile parts/accessories: $26.9 billion (up 2.7%)
  3. Trucks: $24.6 billion (up 5.1%)
  4. Computers, optical readers: $23.3 billion (up 13.3%)
  5. Crude oil: $19.9 billion (up 28.1%)
  6. Phone system devices including smartphones: $19.6 billion (up 18.7%)
  7. TV receivers/monitors/projectors: $13.3 billion (down -0.7%)
  8. Insulated wire/cable: $11.3 billion (down -0.3%)
  9. Electro-medical equipment (e.g. xrays): $7.1 billion (up 3.9%)
  10. Tractors: $6.7 billion (up 22.3%)
  11. Seats (excluding barber/dentist chairs): $6.6 billion (up 2.4%)
  12. Refrigerators, freezers: $4.9 billion (up 4.4%)
  13. Gold (unwrought): $4.4 billion (down -9.1%)
  14. Piston engine parts: $4.1 billion (up 3.3%)
  15. Electrical/optical circuit boards, panels: $4.1 billion (up 3.3%)
  16. Malt beer: $3.8 billion (up 33.9%)
  17. Electric motors, generators: $3.7 billion (up 29.7%)
  18. Piston engines: $3.5 billion (down -16.7%)
  19. Lower-voltage switches, fuses: $3.5 billion (up 5%)
  20. Air conditioners: $3.4 billion (up 10%)

Among these product categories, Mexican beer posted the greatest percentage increase in export sales from 2016 to 2017 via a 33.9% improvement.

In second-place were Mexican-made cars, an export product that increased in value by 32.7%.

Also moving ahead smartly were exported electric motors and generators with a 29.7% gain, followed by Mexican shipments of crude oil which appreciated 28.1%.

In contrast, exported piston engines (down -16.7%) and gold (down -9.1%) declined in value year over year.

See also Mexico’s Top 10 Exports, Mexico’s Top Trading Partners and Top Mexican Trade Balances

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 3, 2018

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on March 3, 2018

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 3, 2018