Trade lane

What Mexico buys from South Korea.

Mexico imported USD 14bn of manufactured and processed goods from South Korea in 2024, up 5 per cent on 2022. That is 3 per cent of everything Mexico imported in these lines, and South Korea is its number 4 source. Below: the 50 largest lines, the fastest growing, where South Korea dominates, and where another country ships the same line for less a tonne.

Trade year 2024, compared with 2022. Unit values are customs values per tonne, declared at the border, not product prices.

USD 14bnfrom South Korea in 2024 (USD 14bn in 2022)
3 per centof Mexico's imports in these lines, USD 477bn from every source
623product lines worth USD 1m or more on this lane
#4South Korea's rank among Mexico's sources
The top 50

The largest lines on the lane, by 2024 value.

Each line shows what Mexico paid South Korea for it at the border, South Korea's share of everything Mexico imported in that line, how it changed since 2022, and the customs unit value per tonne where the weight is recorded. Together they are 63 per cent of the lane.

  1. 1

    Vehicle parts and accessories: n.e.c. in heading no. 8708HS 870899

    Share of Mexico's imports9 per cent, 65 source countries
    Changeup 41 per cent on 2022 (USD 512m in 2022)
    Unit valueUSD 11,028 a tonne, 65,349 tonnes
    USD 721min 2024
  2. 2

    Semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of Chapter 37HS 852351

    Share of Mexico's imports10 per cent, 54 source countries
    Changeup 20 per cent on 2022 (USD 425m in 2022)
    Unit valueUSD 1.7m a tonne, 301 tonnes
    USD 508min 2024
  3. 3

    Flat panel display modules, whether or not incorporating touch-sensitive screens: of liquid crystals, with drivers or control circuitsHS 852491

    Share of Mexico's imports33 per cent, 31 source countries
    Changeup 57 per cent on 2022 (USD 294m in 2022)
    Unit valueUSD 40,793 a tonne, 11,277 tonnes
    USD 460min 2024
  4. 4

    Machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8471HS 847330

    Share of Mexico's imports5 per cent, 67 source countries
    Changedown 2 per cent on 2022 (USD 424m in 2022)
    Unit valueUSD 98,370 a tonne, 4,233 tonnes
    USD 416min 2024
  5. 5

    Iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)HS 721049

    Share of Mexico's imports25 per cent, 24 source countries
    Changedown 16 per cent on 2022 (USD 452m in 2022)
    Unit valueUSD 1,209 a tonne, 312,455 tonnes
    USD 378min 2024
  6. 6

    Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or...HS 854231

    Share of Mexico's imports2 per cent, 58 source countries
    Changeup 27 per cent on 2022 (USD 253m in 2022)
    Unit valueUSD 4.2m a tonne, 76 tonnes
    USD 320min 2024
  7. 7

    Flat panel display modules, whether or not incorporating touch-sensitive screens: of organic light-emitting diodes (OLED), with drivers or control circuitsHS 852492

    Share of Mexico's imports45 per cent, 12 source countries
    Changeup 96 per cent on 2022 (USD 156m in 2022)
    Unit valueUSD 97,317 a tonne, 3,143 tonnes
    USD 306min 2024
  8. 8

    Vehicles: parts and accessories, of bodies, other than safety seat beltsHS 870829

    Share of Mexico's imports5 per cent, 62 source countries
    Changeup 43 per cent on 2022 (USD 211m in 2022)
    Unit valueUSD 10,915 a tonne, 27,689 tonnes
    USD 302min 2024
  9. 9

    Compressors: of a kind used in refrigerating equipmentHS 841430

    Share of Mexico's imports21 per cent, 37 source countries
    Changeup 22 per cent on 2022 (USD 241m in 2022)
    Unit valueUSD 13,936 a tonne, 21,037 tonnes
    USD 293min 2024
  10. 10

    Machines and mechanical appliances: having individual functions, n.e.c. or included in this chapterHS 847989

    Share of Mexico's imports8 per cent, 69 source countries
    Changeup 70 per cent on 2022 (USD 148m in 2022)
    Unit valueUSD 44,811 a tonne, 5,633 tonnes
    USD 252min 2024
  11. 11

    Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness of 0.5mm or more but not exceeding 1mmHS 720917

    Share of Mexico's imports32 per cent, 21 source countries
    Changedown 12 per cent on 2022 (USD 264m in 2022)
    Unit valueUSD 784 a tonne, 297,992 tonnes
    USD 234min 2024
  12. 12

    Reception and transmission apparatus: for use with the apparatus of heading no. 8524 to 8528, excluding aerials and aerial reflectorsHS 852990

    Share of Mexico's imports8 per cent, 54 source countries
    Changelevel with 2022 (USD 220m in 2022)
    Unit valuenot shown: weight missing or out of range
    USD 220min 2024
  13. 13

    Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft)HS 840991

    Share of Mexico's imports8 per cent, 53 source countries
    Changedown 17 per cent on 2022 (USD 263m in 2022)
    Unit valueUSD 8,982 a tonne, 24,257 tonnes
    USD 218min 2024
  14. 14

    Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500ccHS 870322

    Share of Mexico's imports4 per cent, 22 source countries
    Changefrom USD 18m in 2022
    Unit valueUSD 13,216 a tonne, 16,091 tonnes
    USD 213min 2024
  15. 15

    Iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plasticsHS 721070

    Share of Mexico's imports50 per cent, 17 source countries
    Changedown 25 per cent on 2022 (USD 272m in 2022)
    Unit valueUSD 1,465 a tonne, 140,045 tonnes
    USD 205min 2024
  16. 16

    Iron or non-alloy steel: flat-rolled, width 600mm or more, electrolytically plated or coated with zincHS 721030

    Share of Mexico's imports52 per cent, 12 source countries
    Changeup 12 per cent on 2022 (USD 153m in 2022)
    Unit valueUSD 1,151 a tonne, 149,098 tonnes
    USD 172min 2024
  17. 17

    Vehicle parts: gear boxes and parts thereofHS 870840

    Share of Mexico's imports3 per cent, 44 source countries
    Changeup 5 per cent on 2022 (USD 161m in 2022)
    Unit valueUSD 24,892 a tonne, 6,781 tonnes
    USD 169min 2024
  18. 18

    Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)HS 760612

    Share of Mexico's imports6 per cent, 40 source countries
    Changeup 14 per cent on 2022 (USD 144m in 2022)
    Unit valueUSD 3,497 a tonne, 47,027 tonnes
    USD 164min 2024
  19. 19

    Circuits: printedHS 853400

    Share of Mexico's imports5 per cent, 50 source countries
    Changeup 10 per cent on 2022 (USD 148m in 2022)
    Unit valueUSD 111,115 a tonne, 1,464 tonnes
    USD 163min 2024
  20. 20

    Vehicle parts: drive-axles with differential, whether or not provided with other transmission components, and non-driving axles: parts thereofHS 870850

    Share of Mexico's imports6 per cent, 42 source countries
    Changeup 23 per cent on 2022 (USD 131m in 2022)
    Unit valueUSD 5,921 a tonne, 27,217 tonnes
    USD 161min 2024
  21. 21

    Styrene polymers: acrylonitrile-butadiene-styrene (ABS) copolymers, in primary formsHS 390330

    Share of Mexico's imports45 per cent, 27 source countries
    Changedown 8 per cent on 2022 (USD 170m in 2022)
    Unit valueUSD 2,038 a tonne, 77,095 tonnes
    USD 157min 2024
  22. 22

    Moulds: for rubber or plastics, injection or compression typesHS 848071

    Share of Mexico's imports12 per cent, 48 source countries
    Changeup 85 per cent on 2022 (USD 85m in 2022)
    Unit valueUSD 20,206 a tonne, 7,750 tonnes
    USD 157min 2024
  23. 23

    Tools, interchangeable: (for machine or hand tools, whether or not power-operated), tools for pressing, stamping or punchingHS 820730

    Share of Mexico's imports22 per cent, 44 source countries
    Changedown 11 per cent on 2022 (USD 175m in 2022)
    Unit valueUSD 12,163 a tonne, 12,829 tonnes
    USD 156min 2024
  24. 24

    Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000ccHS 870323

    Share of Mexico's imports3 per cent, 23 source countries
    Changeup 41 per cent on 2022 (USD 99m in 2022)
    Unit valueUSD 11,913 a tonne, 11,727 tonnes
    USD 140min 2024
  25. 25

    Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mmHS 720916

    Share of Mexico's imports25 per cent, 20 source countries
    Changedown 8 per cent on 2022 (USD 150m in 2022)
    Unit valueUSD 797 a tonne, 173,906 tonnes
    USD 139min 2024
  26. 26

    Polycarbonates: in primary formsHS 390740

    Share of Mexico's imports17 per cent, 35 source countries
    Changedown 19 per cent on 2022 (USD 168m in 2022)
    Unit valueUSD 2,474 a tonne, 54,814 tonnes
    USD 136min 2024
  27. 27

    Vehicle parts: steering wheels, steering columns and steering boxes: parts thereofHS 870894

    Share of Mexico's imports6 per cent, 48 source countries
    Changedown 15 per cent on 2022 (USD 157m in 2022)
    Unit valueUSD 17,716 a tonne, 7,546 tonnes
    USD 134min 2024
  28. 28

    Units of automatic data processing machines: storage unitsHS 847170

    Share of Mexico's imports3 per cent, 51 source countries
    Changeup 2 per cent on 2022 (USD 131m in 2022)
    Unit valueUSD 396,386 a tonne, 337 tonnes
    USD 134min 2024
  29. 29

    Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or shipsHS 854430

    Share of Mexico's imports5 per cent, 57 source countries
    Changeup 29 per cent on 2022 (USD 90m in 2022)
    Unit valueUSD 21,000 a tonne, 5,531 tonnes
    USD 116min 2024
  30. 30

    Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a...HS 853710

    Share of Mexico's imports4 per cent, 74 source countries
    Changeup 145 per cent on 2022 (USD 46m in 2022)
    Unit valueUSD 62,524 a tonne, 1,813 tonnes
    USD 113min 2024
  31. 31

    Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (other than square)...HS 720712

    Share of Mexico's imports20 per cent, 10 source countries
    Changefrom USD 13m in 2022
    Unit valueUSD 581 a tonne, 184,439 tonnes
    USD 107min 2024
  32. 32

    Seats: parts, (of other than wood) for use in the assembly of motor vehicles as determined by the ministerHS 940199

    Share of Mexico's imports6 per cent, 51 source countries
    Changeup 63 per cent on 2022 (USD 65m in 2022)
    Unit valueUSD 5,802 a tonne, 18,414 tonnes
    USD 107min 2024
  33. 33

    Electronic integrated circuits: memoriesHS 854232

    Share of Mexico's imports11 per cent, 50 source countries
    Changeup 58 per cent on 2022 (USD 68m in 2022)
    Unit valueUSD 4.2m a tonne, 25 tonnes
    USD 107min 2024
  34. 34

    Refrigerating or freezing equipment: parts thereof, other than furnitureHS 841899

    Share of Mexico's imports16 per cent, 46 source countries
    Changedown 31 per cent on 2022 (USD 149m in 2022)
    Unit valueUSD 14,001 a tonne, 7,368 tonnes
    USD 103min 2024
  35. 35

    Electrical apparatus: parts suitable for use solely or principally with the apparatus of heading no. 8535, 8536 or 8537HS 853890

    Share of Mexico's imports3 per cent, 75 source countries
    Changeup 38 per cent on 2022 (USD 73m in 2022)
    Unit valueUSD 34,193 a tonne, 2,922 tonnes
    USD 100min 2024
  36. 36

    Electrical apparatus: n.e.c. in heading no. 8536, for switching or protecting electrical circuits, for a voltage not exceeding 1000 voltsHS 853690

    Share of Mexico's imports3 per cent, 88 source countries
    Changedown 5 per cent on 2022 (USD 104m in 2022)
    Unit valueUSD 22,308 a tonne, 4,439 tonnes
    USD 99min 2024
  37. 37

    Flat panel display modules, whether or not incorporating touch-sensitive screens: of liquid crystals, without drivers or control circuitsHS 852411

    Share of Mexico's imports3 per cent, 27 source countries
    Changefrom USD 144k in 2022
    Unit valueUSD 320,699 a tonne, 304 tonnes
    USD 98min 2024
  38. 38

    Steel, alloy: flat-rolled, width 600mm or more, of silicon-electrical steel, (other than grain-oriented)HS 722519

    Share of Mexico's imports26 per cent, 11 source countries
    Changeup 179 per cent on 2022 (USD 34m in 2022)
    Unit valueUSD 1,580 a tonne, 60,298 tonnes
    USD 95min 2024
  39. 39

    Vehicle parts: brakes, servo-brakes and parts thereofHS 870830

    Share of Mexico's imports4 per cent, 47 source countries
    Changeup 8 per cent on 2022 (USD 85m in 2022)
    Unit valueUSD 7,381 a tonne, 12,413 tonnes
    USD 92min 2024
  40. 40

    Iron or steel: articles n.e.c. in heading 7326HS 732690

    Share of Mexico's imports2 per cent, 80 source countries
    Changedown 64 per cent on 2022 (USD 247m in 2022)
    Unit valueUSD 3,227 a tonne, 27,258 tonnes
    USD 88min 2024
  41. 41

    Steel, alloy: flat-rolled, width 600mm or more, cold-rolledHS 722550

    Share of Mexico's imports14 per cent, 15 source countries
    Changeup 54 per cent on 2022 (USD 56m in 2022)
    Unit valueUSD 1,171 a tonne, 73,682 tonnes
    USD 86min 2024
  42. 42

    Electronic integrated circuits: n.e.c. in heading no. 8542HS 854239

    Share of Mexico's imports2 per cent, 66 source countries
    Changeup 50 per cent on 2022 (USD 54m in 2022)
    Unit valueUSD 983,126 a tonne, 83 tonnes
    USD 82min 2024
  43. 43

    Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valvesHS 848180

    Share of Mexico's imports4 per cent, 69 source countries
    Changeup 27 per cent on 2022 (USD 64m in 2022)
    Unit valueUSD 34,975 a tonne, 2,333 tonnes
    USD 82min 2024
  44. 44

    Lighting or visual signalling equipment: electrical, of a kind used on motor vehicles (excluding articles of heading no. 8539)HS 851220

    Share of Mexico's imports7 per cent, 52 source countries
    Changeup 37 per cent on 2022 (USD 59m in 2022)
    Unit valueUSD 39,077 a tonne, 2,059 tonnes
    USD 80min 2024
  45. 45

    Optical elements: lenses n.e.c. in heading no. 9001, prisms, mirrors and other optical elements, unmounted, of any material (excluding elements of glass not optically...HS 900190

    Share of Mexico's imports37 per cent, 36 source countries
    Changedown 30 per cent on 2022 (USD 112m in 2022)
    Unit valuenot shown: weight missing or out of range
    USD 79min 2024
  46. 46

    Vehicle parts: suspension systems and parts thereof (including shock-absorbers)HS 870880

    Share of Mexico's imports4 per cent, 51 source countries
    Changeup 51 per cent on 2022 (USD 51m in 2022)
    Unit valueUSD 7,052 a tonne, 10,932 tonnes
    USD 77min 2024
  47. 47

    Plastics: other articles n.e.c. in chapter 39HS 392690

    Share of Mexico's imports2 per cent, 91 source countries
    Changeup 5 per cent on 2022 (USD 74m in 2022)
    Unit valueUSD 10,186 a tonne, 7,562 tonnes
    USD 77min 2024
  48. 48

    Iron or non-alloy steel: flat-rolled, width 600mm or more, plated or coated with aluminium, other than plated or coated with aluminium zinc-alloysHS 721069

    Share of Mexico's imports79 per cent, 8 source countries
    Changeup 3 per cent on 2022 (USD 75m in 2022)
    Unit valueUSD 1,349 a tonne, 56,928 tonnes
    USD 77min 2024
  49. 49

    Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, pickled, of a thickness of 3mm or more but less than...HS 720826

    Share of Mexico's imports35 per cent, 13 source countries
    Changedown 17 per cent on 2022 (USD 92m in 2022)
    Unit valueUSD 884 a tonne, 86,138 tonnes
    USD 76min 2024
  50. 50

    Insulated electric conductors: for a voltage not exceeding 1000 volts, fitted with connectorsHS 854442

    Share of Mexico's imports3 per cent, 81 source countries
    Changedown 14 per cent on 2022 (USD 88m in 2022)
    Unit valueUSD 16,320 a tonne, 4,616 tonnes
    USD 75min 2024
Fastest growing

The lines that grew most since 2022.

Lines worth at least USD 5m in 2022, ranked by growth to 2024 in current dollars. A fast rise can be a new product, a shift away from another source, or a price change; the record does not say which.

  1. Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500ccHS 870322USD 213m in 2024, from USD 18m in 2022. South Korea supplies 4 per cent of the line.
  2. Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (other than square)...HS 720712USD 107m in 2024, from USD 13m in 2022. South Korea supplies 20 per cent of the line.
  3. Steel, alloy: flat-rolled, width 600mm or more, n.e.c. in heading no. 7225, plated or coated with zinc (other than electrolytically)HS 722592USD 65m in 2024, up 374 per cent on 2022 (USD 14m in 2022). South Korea supplies 9 per cent of the line.
  4. Moulds: for metal or metal carbides, injection or compression typesHS 848041USD 22m in 2024, up 313 per cent on 2022 (USD 5m in 2022). South Korea supplies 12 per cent of the line.
  5. Engines: hydraulic power engines and motors, linear acting (cylinders)HS 841221USD 37m in 2024, up 290 per cent on 2022 (USD 10m in 2022). South Korea supplies 15 per cent of the line.
  6. Electrical apparatus: relays, (for a voltage not exceeding 60 volts)HS 853641USD 25m in 2024, up 220 per cent on 2022 (USD 8m in 2022). South Korea supplies 5 per cent of the line.
  7. Electrical inductors: n.e.c. in heading no. 8504HS 850450USD 18m in 2024, up 197 per cent on 2022 (USD 6m in 2022). South Korea supplies 3 per cent of the line.
  8. Steel, alloy: flat-rolled, width 600mm or more, of silicon-electrical steel, (other than grain-oriented)HS 722519USD 95m in 2024, up 179 per cent on 2022 (USD 34m in 2022). South Korea supplies 26 per cent of the line.
  9. Food preparations: pasta (excluding stuffed), cooked or otherwise preparedHS 190230USD 18m in 2024, up 162 per cent on 2022 (USD 7m in 2022). South Korea supplies 49 per cent of the line.
  10. Vehicles: parts of bodies, safety seat beltsHS 870821USD 27m in 2024, up 158 per cent on 2022 (USD 10m in 2022). South Korea supplies 25 per cent of the line.
  11. Apparatus based on the use of x-rays: including radiography or radiotherapy apparatus, for dental uses, excluding computed tomography apparatusHS 902213USD 14m in 2024, up 151 per cent on 2022 (USD 5m in 2022). South Korea supplies 68 per cent of the line.
  12. Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a...HS 853710USD 113m in 2024, up 145 per cent on 2022 (USD 46m in 2022). South Korea supplies 4 per cent of the line.
  13. Insulating fittings: of plastics, for electrical machines, of insulating material only (except minor assembly parts), excluding those of heading no. 8546HS 854720USD 13m in 2024, up 130 per cent on 2022 (USD 6m in 2022). South Korea supplies 4 per cent of the line.
  14. Drying machines: of a dry linen capacity exceeding 10kgHS 845129USD 13m in 2024, up 128 per cent on 2022 (USD 6m in 2022). South Korea supplies 24 per cent of the line.
  15. Machinery and mechanical appliances: industrial robots, n.e.c. or includedHS 847950USD 46m in 2024, up 127 per cent on 2022 (USD 20m in 2022). South Korea supplies 24 per cent of the line.
  16. Machinery: parts for filtering or purifying liquids or gasesHS 842199USD 22m in 2024, up 126 per cent on 2022 (USD 10m in 2022). South Korea supplies 3 per cent of the line.
  17. Textile products and articles for technical uses: n.e.c. in heading no. 5911HS 591190USD 20m in 2024, up 113 per cent on 2022 (USD 9m in 2022). South Korea supplies 10 per cent of the line.
  18. Lathes: for removing metal, horizontal, numerically controlledHS 845811USD 14m in 2024, up 112 per cent on 2022 (USD 6m in 2022). South Korea supplies 7 per cent of the line.
  19. Fork-lift and other works trucks: fitted with lifting or handling equipment, self-propelled by other than electric motorHS 842720USD 11m in 2024, up 101 per cent on 2022 (USD 5m in 2022). South Korea supplies 2 per cent of the line.
  20. Flat panel display modules, whether or not incorporating touch-sensitive screens: of organic light-emitting diodes (OLED), with drivers or control circuitsHS 852492USD 306m in 2024, up 96 per cent on 2022 (USD 156m in 2022). South Korea supplies 45 per cent of the line.
Where South Korea dominates

Lines where South Korea supplies 60 per cent or more.

The largest lines worth USD 1m or more where South Korea ships at least 60 per cent of what Mexico imports. This is supply concentration: how much of the line depends on one source country.

  1. Iron or non-alloy steel: flat-rolled, width 600mm or more, plated or coated with aluminium, other than plated or coated with aluminium zinc-alloysHS 72106979 per cent of Mexico's imports of the line, USD 77m; 8 source countries in all.
  2. Optical elements: polarising material, sheets and plates thereofHS 90012067 per cent of Mexico's imports of the line, USD 28m; 8 source countries in all.
  3. Steel, stainless: flat-rolled, width 600mm or more, n.e.c. in heading no. 7219HS 72199067 per cent of Mexico's imports of the line, USD 17m; 19 source countries in all.
  4. Apparatus based on the use of x-rays: including radiography or radiotherapy apparatus, for dental uses, excluding computed tomography apparatusHS 90221368 per cent of Mexico's imports of the line, USD 14m; 8 source countries in all.
  5. Prostaglandins, thromboxanes and leukotrienes, their derivatives and structural analoguesHS 29375077 per cent of Mexico's imports of the line, USD 1m; 10 source countries in all.
Another source, lower unit value

Where another country ships the same line for at least 20 per cent less a tonne.

Lines worth USD 5m or more where South Korea's unit value is recorded and another country also ships at least USD 5m of the same line to Mexico at a unit value at least 20 per cent lower. The largest such source is named. The same heading can hold different grades, so a lower figure is a question to ask, not a like-for-like price.

  1. Vehicle parts and accessories: n.e.c. in heading no. 8708HS 870899South Korea: USD 721m at USD 11,028 a tonne. India: USD 253m (3 per cent of the line) at USD 5,128 a tonne, 54 per cent lower. Middle of all sources: USD 13,462 a tonne.
  2. Semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of Chapter 37HS 852351South Korea: USD 508m at USD 1.7m a tonne. China: USD 335m (6 per cent of the line) at USD 675,466 a tonne, 60 per cent lower. Middle of all sources: USD 973,233 a tonne.
  3. Machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8471HS 847330South Korea: USD 416m at USD 98,370 a tonne. China: USD 3.4bn (37 per cent of the line) at USD 37,896 a tonne, 62 per cent lower. Middle of all sources: USD 162,930 a tonne.
  4. Iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)HS 721049South Korea: USD 378m at USD 1,209 a tonne. Vietnam: USD 80m (5 per cent of the line) at USD 897 a tonne, 26 per cent lower. Middle of all sources: USD 1,156 a tonne.
  5. Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or...HS 854231South Korea: USD 320m at USD 4.2m a tonne. Thailand: USD 230m (1 per cent of the line) at USD 3.1m a tonne, 27 per cent lower. Middle of all sources: USD 2.4m a tonne.
  6. Flat panel display modules, whether or not incorporating touch-sensitive screens: of organic light-emitting diodes (OLED), with drivers or control circuitsHS 852492South Korea: USD 306m at USD 97,317 a tonne. Malaysia: USD 11m (2 per cent of the line) at USD 67,811 a tonne, 30 per cent lower. Middle of all sources: USD 237,177 a tonne.
  7. Compressors: of a kind used in refrigerating equipmentHS 841430South Korea: USD 293m at USD 13,936 a tonne. Italy: USD 19m (1 per cent of the line) at USD 10,771 a tonne, 23 per cent lower. Middle of all sources: USD 13,936 a tonne.
  8. Machines and mechanical appliances: having individual functions, n.e.c. or included in this chapterHS 847989South Korea: USD 252m at USD 44,811 a tonne. United States: USD 1.4bn (46 per cent of the line) at USD 35,761 a tonne, 20 per cent lower. Middle of all sources: USD 32,766 a tonne.
  9. Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500ccHS 870322South Korea: USD 213m at USD 13,216 a tonne. China: USD 2.2bn (47 per cent of the line) at USD 10,278 a tonne, 22 per cent lower. Middle of all sources: USD 13,929 a tonne.
  10. Iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plasticsHS 721070South Korea: USD 205m at USD 1,465 a tonne. Vietnam: USD 81m (20 per cent of the line) at USD 1,040 a tonne, 29 per cent lower. Middle of all sources: USD 1,545 a tonne.
  11. Vehicle parts: gear boxes and parts thereofHS 870840South Korea: USD 169m at USD 24,892 a tonne. Germany: USD 1.1bn (17 per cent of the line) at USD 18,164 a tonne, 27 per cent lower. Middle of all sources: USD 18,497 a tonne.
  12. Circuits: printedHS 853400South Korea: USD 163m at USD 111,115 a tonne. Philippines: USD 10m (under 1 per cent of the line) at USD 66,341 a tonne, 40 per cent lower. Middle of all sources: USD 160,559 a tonne.
  13. Vehicle parts: drive-axles with differential, whether or not provided with other transmission components, and non-driving axles: parts thereofHS 870850South Korea: USD 161m at USD 5,921 a tonne. Turkey: USD 17m (1 per cent of the line) at USD 4,187 a tonne, 29 per cent lower. Middle of all sources: USD 8,845 a tonne.
  14. Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000ccHS 870323South Korea: USD 140m at USD 11,913 a tonne. Thailand: USD 162m (3 per cent of the line) at USD 7,673 a tonne, 36 per cent lower. Middle of all sources: USD 15,774 a tonne.
  15. Polycarbonates: in primary formsHS 390740South Korea: USD 136m at USD 2,474 a tonne. China: USD 51m (6 per cent of the line) at USD 1,725 a tonne, 30 per cent lower. Middle of all sources: USD 3,830 a tonne.
  16. Vehicle parts: steering wheels, steering columns and steering boxes: parts thereofHS 870894South Korea: USD 134m at USD 17,716 a tonne. Switzerland: USD 42m (2 per cent of the line) at USD 9,405 a tonne, 47 per cent lower. Middle of all sources: USD 17,716 a tonne.
  17. Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or shipsHS 854430South Korea: USD 116m at USD 21,000 a tonne. Honduras: USD 42m (2 per cent of the line) at USD 14,417 a tonne, 31 per cent lower. Middle of all sources: USD 39,169 a tonne.
  18. Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a...HS 853710South Korea: USD 113m at USD 62,524 a tonne. Philippines: USD 19m (1 per cent of the line) at USD 40,587 a tonne, 35 per cent lower. Middle of all sources: USD 121,714 a tonne.
  19. Electronic integrated circuits: memoriesHS 854232South Korea: USD 107m at USD 4.2m a tonne. China: USD 152m (16 per cent of the line) at USD 2.3m a tonne, 45 per cent lower. Middle of all sources: USD 1.9m a tonne.
  20. Refrigerating or freezing equipment: parts thereof, other than furnitureHS 841899South Korea: USD 103m at USD 14,001 a tonne. Turkey: USD 11m (2 per cent of the line) at USD 9,619 a tonne, 31 per cent lower. Middle of all sources: USD 16,933 a tonne.
What this record says

What crossed the border, what it was worth, and what it weighed.

Every figure on this page is from CEPII's BACI file, which reconciles what each pair of countries reports to the UN about the same shipment. Trade year 2024, compared with 2022. A line is one six-digit customs heading (HS 2022). Values are in US dollars at the border; growth is in current dollars, so part of any change is price, not volume.

Unit value. Unit values are customs values per tonne, declared at the border, not product prices. It is the value of a line divided by its declared weight, so it mixes grades, models and qualities under one heading. It is shown only where the weight is recorded, at least three source countries of USD 100k or more ship the line to Mexico with a weight, and the figure sits within a factor of five of the middle of those sources. Outside that band it is treated as a recording problem and left out.

Share is South Korea's part of everything Mexico imported in that line, from every source. Sources counts the countries that shipped any of it.

Scope. Manufactured and processed goods, customs chapters 16 to 96, without ores, fuels, precious metals, scrap, raw farm output and one-off capital and defence purchases: the same rule as the Made here pages.

What it does not say

A record of trade, not a shopping list.

What this record does not say: what sells at retail, what margin a trade leaves, how crowded the marketplaces are, or how much of a flow is re-exported through entrepots such as Hong Kong and Singapore.

A large line is not proof of an opening, and a lower unit value from another country is not proof the goods are the same. Tariffs, standards, freight, payment terms, lead times and the plain fact that a supplier is good at it are all invisible here. Nothing on this page is a forecast, a recommendation or a promise. No supplier company is named, because the record holds none.

Source: CEPII BACI, HS22, version 202601. Edition of 2026-11-03.

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