Thursday, September 11, 2025

Mexico moves into fourth place in automobile exports

Mexico overtook the United Kingdom and Canada to become the fourth biggest automobile exporter by value in the world in 2018, statistics show.

The value of Mexican-made vehicle exports increased by 19% compared to 2017 to reach just over US $49.4 billion, according to the World Trade Organization (WTO).

Just under 3.5 million vehicles were shipped abroad from Mexico, a 6% increase on 2017 numbers.

Mexico’s ranking of fourth among auto-exporting nations represents an improvement of six places compared to 2008, when it ranked 10th.

Foreign sales of vehicles made in the U.K. remained steady in 2018 at just over $42 billion while Canadian auto exports declined by 12% to just over $41 billion.

Mexico's exports since 2010.
Mexico’s exports since 2010. el economista

Germany was the biggest auto exporter, shipping vehicles worth $154.7 billion abroad, followed by Japan and the United States, which achieved foreign sales of $99.1 billion and $54.4 billion respectively.

According to Moisés Zavaleta, director of strategy at the consultancy firm Ansley, “Mexico has the potential to keep increasing its production of vehicles” as a result of the “integration of the North American market.”

Just over 70% of all Mexican auto exports went to the United States last year while 8% went to Germany and just under 6% were shipped to Canada, according to data from the Secretariat of the Economy (SE).

Brazil, Italy and China were among the other destination countries for Mexican-made vehicles.

This year, the Mexican auto sector is expected to benefit from the elimination of tariffs on cars sent to Brazil and Pacific Rim countries which entered into the Trans-Pacific Partnership free trade agreement.

Among the auto makers that have plants in Mexico are Audi, Baic, Fiat Chrysler, Ford, General Motors, Honda, Kia, Mazda, Nissan, Toyota and Volkswagen.

Source: El Economista (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
gas tanker after explosion

Horrific gas tanker explosion in Mexico City claims 8 lives, injures 90

2
The accident occurred on a busy highway in the Iztapalapa borough of Mexico City when a gas tanker crashed and exploded, sending out huge flames that engulfed dozens of vehicles.
Navy sailors stand guard next to packages of cocaine, displayed between two navy ships

Navy seizes 1,600 kilos of cocaine off the coast of Guerrero

4
More than 48 metric tons of cocaine have now been confiscated since President Sheinbaum took office last October, authorities say.
Steering wheel of a BYD brand chinese electric car

Facing US pressure, Mexico to raise tariffs on Chinese cars to 50%

5
Mexico will increase the tariff on Chinese cars to the maximum level permitted by the World Trade Organization, Economy Minister Ebrard said Wednesday.
BETA Version - Powered by Perplexity