The Brief Overview of the Export Trade Relation of Mexico With Japan in 2024
The export trade relation between the United Mexican States and Japan has a very long-standing history that represents the strong economic ties of both nations countering the annual valuation. In 2020, Japan recorded itself as the fourth largest export trade destination of Mexico with its growing domestic demands and proper transportation infrastructure facilitating the imports from the foreign trade resources. México Import Data says that different globally acquired trade essentials are exported from Mexico to Japan via the transportation ports, easing the accessible trade delivery to targeted firms.
The significant growth in the sufficient production capability of the industrial sectors of Mexico and the adaptation of the proper trade agreements that attract foreign investors toward the competitive market has made the nation record an export trade value of 6 billion US dollars by the goods exported to Japan in 2024. Import Globals with its Japan Trade Data highlights all the crucial insights of the regional shipments of the nation for making the business holders understand the effective potential engagement of the competitors in the global market.
TOP 10 EXPORTED GOODS OF MEXICO TO JAPAN IN 2024
Apart from Mexico's long-standing trade relationship with Japan, the proper management of global supplies and the evolution of transportation infrastructure have also contributed in a certain manner to the bilateral trade rate. As per the Mexico Export Data, the top 10 exported goods of the nation in 2024 are,
- Automobiles — The total valuation of Automobiles exported from Mexico to Japan in 2024–3 billion US dollars
- Petroleum — The total valuation of Petroleum exported from Mexico to Japan in 2024–1.5 billion US dollars
- Telephones — The total valuation of Telephones exported from Mexico to Japan in 2024–1 billion US dollars
- Computers — The total valuation of Computers exported from Mexico to Japan in 2024–900 million US dollars
- Vehicle parts — The total valuation of Vehicle parts exported from Mexico to Japan in 2024–800 million US dollars
- Video game consoles — The total valuation of Video game consoles exported from Mexico to Japan in 2024–700 million US dollars
- Medical equipment– The total valuation of Medical equipment exported from Mexico to Japan in 2024–600 million US dollars
- Beer — The total valuation of Beer exported from Mexico to Japan in 2024–500 million US dollars
- Avocados — The total valuation of Avocados exported from Mexico to Japan in 2024–400 million US dollars
- Fresh fruits and vegetables — The total valuation of Fresh fruits and vegetables exported from Mexico to Japan in 2024 –300 million US dollars
TOP 10 EXPORTING COMPANIES OF MEXICO THAT DRIVE THE OVERALL EXPORTS TO JAPAN
The manufacturing units, mining industries, and other natural essential reserves work as a backbone to the entire nation's export market. According to the Mexico Customs Data, the top 10 exporting companies of Mexico that exported most of the essentials to Japan in 2024 are,
- PEMEX — Export valuation of the goods supplied from PEMEX of Mexico to Japan in 2024–4 billion US dollars
TOP EXPORTED GOODS VARIANTS
1. Crude Oil
2. Refined Petroleum Products
3. Liquefied Natural Gas (LNG)
4. Chemical Products
5. Agricultural Products
- Nissan Mexicana — Export valuation of the goods supplied from Nissan Mexicana of Mexico to Japan in 2024–1.6 billion US dollars
TOP EXPORTED GOODS VARIANTS
1. Automobiles and Auto Parts
2. Electronic Components
3. Steel Products
4. Machinery and Equipment
5. Chemicals
- CFE — Export valuation of the goods supplied from CFE of Mexico to Japan in 2024–900 million US dollars
TOP EXPORTED GOODS VARIANTS
1. Automobiles and Auto Parts
2. Agricultural Products
3. Electronic Equipment
4. Tires
5. Chemicals and Pharmaceuticals
- Grupo Bimbo — Export valuation of the goods supplied from Grupo Bimbo of Mexico to Japan in 2024–820 million US dollars
TOP EXPORTED GOODS VARIANTS
1. Bread and Pastries
2. Snack Foods
3. Healthy Options
4. Gluten-Free Products
5. Frozen Goods
- Grupo Modelo — Export valuation of the goods supplied from Grupo Modelo of Mexico to Japan in 2024–765 million US dollars
TOP EXPORTED GOODS VARIANTS
1. Beer
2. Tequila
3. Glass Bottles
4. Malt Extract
5. Barley
- GMéxico Transportes– Export valuation of the goods supplied from GMéxico Transportes of Mexico to Japan in 2024–546 million
TOP EXPORTED GOODS VARIANTS
1. Automobiles and Auto Parts
2. Agricultural Products
3. Electrical Machinery
4. Oil and Petroleum Products
5. Medical Devices
- Grupo Pochteca– Export valuation of the goods supplied from Grupo Pochteca of Mexico to Japan in 2024–478 million US dollars
TOP EXPORTED GOODS VARIANTS
1. Automotive Parts and Components
2. Chemicals
3. Agricultural Products
4. Electronic Equipment
5. Trade Goods
- Cemex — Export valuation of the goods supplied from Cemex of Mexico to Japan in 2024–321 million US dollars
TOP EXPORTED GOODS VARIANTS
1. Cement Products
2. Ready-Mix Concrete
3. Mortar
4. Construction Aggregates
5. Specialty Products
- Grupo Aeroportuario del Pacifico — Export valuation of the goods supplied from Grupo Aeroportuario del Pacifico of Mexico to Japan in 2024–278 million US dollars
TOP EXPORTED GOODS VARIANTS
1. Automobiles
2. Agricultural Products
3. Consumer Electronics
4. Medical Equipment
5. Beer and Tequila
- Ternium México– Export valuation of the goods supplied from Ternium México of Mexico to Japan in 2024–154 million US dollars
TOP EXPORTED GOODS VARIANTS
1. Steel Products
2. Automotive Parts
3. Agricultural Machinery
4. Electrical Equipment
5. Metal Containers
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