USDTWD.ai Taiwan Macro Atlas

Taiwan exports to Mexico versus U.S. exports, 2017–2024

Taiwan exports to Mexico reached a 293 index in 2024, versus 220 for U.S.-bound exports; 2020=100.

Economy
Taiwan exports to Mexico versus U.S. exports, 2017–2024: Taiwan exports to Mexico reached a 293 index in 2024, versus 220 for U.S.-bound exports; 2020=100.

What the Data Shows

This graphic shows Taiwan’s export growth to Mexico against the U.S. using a common 2020 base. Mexico’s index nearly tripled by 2024, outpacing the U.S. index even as the U.S. remained a larger market. The comparison gives a nearshoring/supply-chain angle without implying Mexico has overtaken the U.S. in absolute export value.

Data table

2017 U.S. exports US$36.8B raw annual value
2018 U.S. exports US$39.5B raw annual value
2019 U.S. exports US$46.2B raw annual value
2020 U.S. exports US$50.5B raw annual value
2021 U.S. exports US$65.7B raw annual value
2022 U.S. exports US$75.1B raw annual value
2023 U.S. exports US$76.2B raw annual value
2024 U.S. exports US$111.4B raw annual value
2017 Mexico exports US$2.3B raw annual value
2018 Mexico exports US$2.5B raw annual value
2019 Mexico exports US$2.8B raw annual value
2020 Mexico exports US$2.7B raw annual value

Sources

Source 1: ROC Import and Export Trade Statistics

Publisher: International Trade Administration, Ministry of Economic Affairs, Taiwan

Dataset/table: Country and product trade query system

Units: US dollars

Date checked: 2026-05-14

Evidence: Official source to verify partner-country trade series.

Note: Official source to verify partner-country trade series.

Source 2: 中華民國—墨西哥關係

Publisher: Wikipedia, citing Taiwan International Trade Administration

Dataset/table: Trade table citing Taiwan ITA

Units: US dollars

Date checked: 2026-05-14

Evidence: Secondary table reproduces Taiwan ITA partner trade values for Mexico.

Note: Secondary table reproduces Taiwan ITA partner trade values for Mexico.

Source 3: 中華民國—美國關係

Publisher: Wikipedia, citing Taiwan International Trade Administration

Dataset/table: Trade table citing Taiwan ITA

Units: US dollars

Date checked: 2026-05-14

Evidence: Secondary table reproduces Taiwan ITA partner trade values for the United States.

Note: Secondary table reproduces Taiwan ITA partner trade values for the United States.

Data notes & caveats

Raw partner values are from secondary tables citing Taiwan ITA. Direct ITA query export should be used for verified final status.

Methodology

Index each partner export series to 2020=100. Keep raw annual dollar values in the data table.

Source consistency notes

Source-labelled due to secondary table extraction even though the source trail cites Taiwan ITA.