Mexico: value of automotive imports and exports 2009-2023
The automotive industry in Mexico has maintained a positive trade balance throughout the past decade. This Mexican sector's exports amounted to approximately 156.5 billion U.S. dollars in 2023, a growth of some 15 percent compared to the previous year. Meanwhile, automotive imports in Mexico surpassed 61 billion dollars that year, a year-on-year increase of 26.9 percent.