Import data in Mexico- Very important role in increasing import business

Mexico is the 13^th largest import country in the world and 23^rd most complex country according to the ECI (Economic Complexity Index). The United States of America, Guatemala and Belize touches its border by land and Cuba and Honduras by sea. In 2016, Mexico imported commodities worth of US $387.1 billion dollars from around the world. The import growth rate increased by 65% since 2009 but decreased by approximately 2% from the year 2015 to 2016. The total imports of Mexico purchase from other parts of the globe are accounted for around 2/4 or 72.6%.

According to a recent import data in Mexico, the United States of America play a very important role in increasing import business of Mexico by being the largest import trading partner of Mexico. The second top origin of Mexico’s import is China, followed by China, Japan, South Korea and Germany etc.

Top 5 import origin countries of Mexico are listed below-

Top import origins	Total worth of products
United States	US $188 Billion Dollars
China	US $64 Billion Dollars
Japan	US $15.5 Billion Dollars
South Korea	US $13.6 Billion Dollars
Germany	US $13.1 Billion Dollars

With the reference of latest import data in Mexico, around 49% of the total imports of Mexico were brought from the United States of America and Canada, 35.5% from Asia and 11.8% imports from Europe. There are lots of products that Mexico imports in very large number of quantity including electrical machinery & equipment which accounted for 21.8% of total imports, machines (17.3%), vehicles (9.6%), mineral fuels including oil (6.5%), plastics products (5.7%). Optical, technical & medical apparatus (3.7%), articles of iron & steel (2.2%), organic chemicals (1.9%) and rubber & rubber articles (1.6%).