Insights for Mexico

MoM insights: In the month-on-month analysis, imports from Chinese Taipei saw the highest increase with a trade value of 6.05B, reflecting a significant value change of 928.33M (18.13%). Other notable increases include imports from China at 8.91B with a change of 246.2M (2.84%) and imports from Vietnam at 1.99B with a change of 93.87M (4.99%). On the lower end, imports from South Korea decreased to 1.52B, down by 194.15M (-11.30%), followed by Japan at 1.23B with a decrease of 95.85M (-7.22%) and Singapore at 185.5M with a drop of 76.74M (-29.27%). For exports, the United States led with 34.44B, increasing by 532.55M (1.57%), followed by Indonesia at 478.28M with a remarkable increase of 473.17M (92.64%) and Australia at 214.45M with an increase of 163.59M (3.22%). Conversely, exports to China fell to 382.89M, down by 136.48M (-26.24%), followed by Spain at 51.67M with a decrease of 37.21M (-41.83%) and Cuba at 19.29M with a drop of 27.1M (-58.45%).

YoY insights: In the year-on-year analysis, imports from Chinese Taipei showed the most significant growth at 6.05B, with a value change of 4.59B (3.14%). The United States followed with imports of 16.89B, increasing by 1.37B (8.82%), and Vietnam at 1.99B with a change of 937.27M (89.31%). On the downside, imports from South Korea decreased to 1.52B, down by 111.95M (-6.83%), Japan at 1.23B with a decrease of 73.07M (-5.61%), and Hungary at 100.92M with a drop of 43.92M (-30.29%). For exports, the United States again led with 34.44B, increasing by 7.48B (27.75%), followed by Indonesia at 478.28M with a change of 473.21M (93.31%) and Canada at 1.1B with an increase of 463.63M (72.73%). On the lower end, exports to China fell to 382.89M, down by 200.59M (-34.37%), Japan at 170.52M with a decrease of 100.5M (-37.01%), and Vietnam at 22.45M with a drop of 43.01M (-65.73%).