Mexico Becomes Largest Import Origin of Auto Parts in USA

According to the statistics of U.S. Department of Commerce, Mexico has become the major import origin of auto parts in the U.S. During Jan. to July 2013, the U.S. imported US$25.261 billion of auto parts from Mexico, followed by Japan (US$9.823 billion), Canada (US$9.722 billion), China (US$9.191 billion), Germany (US$5.695 billion), South Korea (US$4.764 billion), Taiwan (US$1.662 billion), Thailand (US$1.09 billion), UK (US$0.725 billion), and Italy (US$0.616 billion).

Mexico’s auto parts export to the U.S. during Jan. to July 2013 was up 7.6% over the same period of 2012 and represented 33.2% of the total U.S. auto parts import (higher than the 31% of the same period in 2012).

Chairman Oscar Albin of INA (Association of Mexican Auto Parts Industry) says that the current Chinese auto parts industry is growing very fast and its export to the U.S. is also increasing. In July 2013, China has become the No. 2 import origin of auto parts for the U.S., replacing the place originally taken by Japan. China will definitely become the largest competitor of Mexico in the future.