Description
Mexico Light Truck Import
Light Trucks are vehicles designed for cargo transport with a gross vehicle weight (GVW) of up to 5 tons. They include small pickup trucks, panel vans, mini trucks, and multipurpose light transport vehicles. These vehicles are primarily used for urban logistics, short-distance cargo transport, light industrial supply chain distribution, and goods transportation in sectors such as construction, agriculture, and retail.
Light trucks typically feature moderate payload capacity, flexible body designs, and high fuel efficiency. They are suitable for both urban and rural road conditions and play a vital role in environments where high-frequency loading and unloading of goods are required. In addition to transportation, light trucks are often modified for special purposes, such as refrigerated trucks or rescue vehicles.
The upstream and downstream industrial chains of light trucks are extensive. According to CRI, the upstream industries include suppliers of body manufacturing materials such as steel and aluminum alloys, core component manufacturers like engines, transmissions, and axles, as well as manufacturers of electronic control systems. The downstream industries include logistics companies, e-commerce platforms, retailers, construction companies, and other enterprises that require short-distance cargo transport. Light trucks are widely used in industrial and commercial applications for goods distribution, material transport, and service industry support. With the rapid growth of e-commerce and increasing demand for urban logistics, the light truck industry has been expanding, particularly in the urban distribution and short-distance transport markets.
The global light truck market is highly competitive, with major manufacturers including Ford, Toyota, Nissan, GM, Daimler, and Hyundai. According to CRI, Japan, Germany, and the United States are the leading suppliers of light trucks globally, while China’s light truck export volume has been increasing in recent years.
Mexico’s light truck market is growing steadily, and Mexico is also one of the world’s leading importers of light trucks. This growth is closely tied to the continuous development of Mexico’s manufacturing and infrastructure sectors, the increasing demand for logistics, and its economic structure. Mexico has a significant logistics and transport demand, particularly due to cross-border trade with its USMCA partners. CRI analyzes that Mexico’s light truck manufacturing capacity is limited, making the industry highly reliant on imports, including key components and complete vehicles. Mexico’s logistics network is primarily road-based, and light trucks play an irreplaceable role in last-mile delivery, small-scale cargo transport, and inter-city transportation, especially for retail and e-commerce industries.
With the growth of domestic consumption and industrial demand, the need for short-distance delivery vehicles continues to rise in Mexico. In summary, Mexico’s light truck market is expected to maintain stable growth, driven by economic development and trade demand. CRI predicts that with the rise of electric vehicles, the demand for electric light trucks in Mexico will increase further.
CRI data shows that the total import value of light trucks into Mexico was approximately USD 1.6 billion in 2023, and from January to September 2024, the total import value was about USD 1.5 billion, marking a 32% year-on-year increase compared to 2023. The Mexican light truck market is rapidly expanding, and this growth is expected to continue at a fast pace in the coming years.
CRI indicates that from 2021 to 2024, the main sources of light truck imports into Mexico include countries such as China, Thailand, and Brazil. Major exporters to Mexico include TOYOTA MOTOR SALES USA INC, FORD TRADING COMPANY LLC, and FCA US LLC.
According to CRI’s analysis, major importers of light trucks in Mexico include GENERAL MOTORS DE MEXICO S. DE R.L. DE C.V., TOYOTA MOTOR SALES DE MEXICO S. DE R.L. DE C.V., and FORD MOTOR COMPANY S.A. DE C.V.
Overall, with Mexico’s economic development, accelerated industrialization, and growth in the logistics sector, CRI expects the light truck market in Mexico to continue expanding. The import volume of light trucks is expected to rise further. CRI recommends that overseas light truck manufacturers explore the Mexican market, and if necessary, consider establishing production facilities in Mexico to seize the opportunities in Mexico’s light truck market.
Topics covered:
- The Import and Export of Light Truck in Mexico (2021-2024)
- Total Import Volume and Percentage Change of Light Truck in Mexico (2021-2024)
- Total Import Value and Percentage Change of Light Truck in Mexico (2021-2024)
- Total Import Volume and Percentage Change of Light Truck in Mexico (2024)
- Total Import Value and Percentage Change of Light Truck in Mexico (2024)
- Average Import Price of Light Truck in Mexico (2021-2024)
- Top 10 Sources of Light Truck Imports in Mexico and Their Supply Volume
- Top 10 Suppliers in the Import Market of Light Truck in Mexico and Their Supply Volume
- Top 10 Importers of Light Truck in Mexico and Their Import Volume
- How to Find Distributors and End Users of Light Truck in Mexico
- How Foreign Enterprises Enter the Light Truck Market of Mexico
- Forecast for the Import of Light Truck in Mexico (2024-2033)
Table of Contents
1 Overview of Mexico
1.1 Geography of Mexico
1.2 Economic Condition of Mexico
1.3 Demographics of Mexico
1.4 Domestic Market of Mexico
1.5 Recommendations for Foreign Enterprises Entering the Mexico Light Truck Imports Market
2 Analysis of Light Truck Imports in Mexico (2021-2024)
2.1 Import Scale of Light Truck in Mexico
2.1.1 Import Value and Volume of Light Truck in Mexico
2.1.2 Import Prices of Light Truck in Mexico
2.1.3 Apparent Consumption of Light Truck in Mexico
2.1.4 Import Dependency of Light Truck in Mexico
2.2 Major Sources of Light Truck Imports in Mexico
3 Analysis of Major Sources of Light Truck Imports in Mexico (2021-2024)
3.1 China
3.1.1 Analysis of Mexico’s Light Truck Import Volume and Value from China
3.1.2 Analysis of Average Import Price
3.2 Thailand
3.2.1 Analysis of Mexico’s Light Truck Import Volume and Value from Thailand
3.2.2 Analysis of Average Import Price
3.3 Brazil
3.3.1 Analysis of Mexico’s Light Truck Import Volume and Value from Brazil
3.3.2 Analysis of Average Import Price
3.4 Japan
3.5 South Africa
3.6 United States
4 Analysis of Major Suppliers in the Import Market of Light Truck in Mexico (2021-2024)
4.1 TOYOTA MOTOR SALES USA INC
4.1.1 Company Introduction
4.1.2 Analysis of Light Truck Exports to Mexico
4.2 FORD TRADING COMPANY LLC
4.2.1 Company Introduction
4.2.2 Analysis of Light Truck Exports to Mexico
4.3 FCA US LLC
4.3.1 Company Introduction
4.3.2 Analysis of Light Truck Exports to Mexico
4.4 Exporter 4
4.4.1 Company Introduction
4.4.2 Analysis of Light Truck Exports to Mexico
4.5 Exporter 5
4.5.1 Company Introduction
4.5.2 Analysis of Light Truck Exports to Mexico
4.6 Exporter 6
4.6.1 Company Introduction
4.6.2 Analysis of Light Truck Exports to Mexico
4.7 Exporter 7
4.7.1 Company Introduction
4.7.2 Analysis of Light Truck Exports to Mexico
4.8 Exporter 8
4.8.1 Company Introduction
4.8.2 Analysis of Light Truck Exports to Mexico
4.9 Exporter 9
4.9.1 Company Introduction
4.9.2 Analysis of Light Truck Exports to Mexico
4.10 Exporter 10
4.10.1 Company Introduction
4.10.2 Analysis of Light Truck Exports to Mexico
5 Analysis of Major Importers in the Import Market of Light Truck in Mexico (2021-2024)
5.1 GENERAL MOTORS DE MEXICO S. DE R.L. DE C.V.
5.1.1 Company Introduction
5.1.2 Analysis of Light Truck Imports
5.2 TOYOTA MOTOR SALES DE MEXICO S. DE R.L. DE C.V.
5.2.1 Company Introduction
5.2.2 Analysis of Light Truck Imports
5.3 FORD MOTOR COMPANY S.A. DE C.V.
5.3.1 Company Introduction
5.3.2 Analysis of Light Truck Imports
5.4 Importer 4
5.4.1 Company Introduction
5.4.2 Analysis of Light Truck Imports
5.5 Importer 5
5.5.1 Company Introduction
5.5.2 Analysis of Light Truck Imports
5.6 Importer 6
5.6.1 Company Introduction
5.6.2 Analysis of Light Truck Imports
5.7 Importer 7
5.7.1 Company Introduction
5.7.2 Analysis of Light Truck Imports
5.8 Importer 8
5.8.1 Company Introduction
5.8.2 Analysis of Light Truck Imports
5.9 Importer 9
5.9.1 Company Introduction
5.9.2 Analysis of Light Truck Imports
5.10 Importer 10
5.10.1 Company Introduction
5.10.2 Analysis of Light Truck Imports
6. Monthly Analysis of Light Truck Imports in Mexico from 2021 to 2024
6.1 Analysis of Monthly Import Value and Volume
6.2 Forecast of Monthly Average Import Prices
7. Key Factors Affecting Light Truck Imports in Mexico
7.1 Policy
7.1.1 Current Import Policies
7.1.2 Trend Predictions for Import Policies
7.2 Economic
7.2.1 Market Prices
7.2.2 Growth Trends of Light Truck Production Capacity in Mexico
7.3 Technology
8. Forecast for the Import of Light Truck in Mexico, 2024-2033
List of Charts
Chart 2021-2024 Import Value and Volume of Light Truck in Mexico
Chart 2021-2024 Average Import Price of Light Truck in Mexico
Chart 2021-2024 Import Dependency of Light Truck in Mexico
Chart Top 10 Import Sources of Light Truck in Mexico (2021-2024)
Chart Top 10 Import Sources of Light Truck in Mexico (2022)
Chart Top 10 Import Sources of Light Truck in Mexico (2023)
Chart Top 10 Import Sources of Light Truck in Mexico (2024)
Chart Top 10 Suppliers of Light Truck Imports in Mexico (2021-2024)
Chart Top 10 Suppliers of Light Truck Imports in Mexico (2022)
Chart Top 10 Suppliers of Light Truck Imports in Mexico (2023)
Chart Top 10 Suppliers of Light Truck Imports in Mexico (2024)
Chart Value and Volume of Light Truck Imported from China to Mexico (2021-2024)
Chart Value and Volume of Light Truck Imported from Thailand to Mexico (2021-2024)
Chart Value and Volume of Light Truck Imported from Brazil to Mexico (2021-2024)
Chart Value and Volume of Light Truck Imported from Japan to Mexico (2021-2024)
Chart Top 10 Importers of Light Truck in Mexico (2021-2024)
Chart Top 10 Importers of Light Truck in Mexico (2022)
Chart Top 10 Importers of Light Truck in Mexico (2023)
Chart Top 10 Importers of Light Truck in Mexico (2024)
Chart Forecast for the Import of Light Truck in Mexico (2024-2033)
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