Mexico buys more Brazilian autoparts

By Alzira Rodrigues | Translated by Jorge Meditsch

Like what is happening to automobiles, autoparts exports to Mexico are growing over the indexes registered by the main Brazilian markets in the area. The North American country bought 28% more this year, totaling US$ 445.5 million in the first half, compared to US$ 348.1 million in 2022.

Mexico is one of the countries that received more missions of Sindipeças, the association of Brazilian autoparts manufacturers, as part of the Brasil Auto Parts-Trusted Partners program developed jointly with Apex-Brasil, Agência Brasileira de Exportações e Investimentos. It is one of the main purchasers of autoparts made in Brazil, with 9.8% of the total.

Argentina is the main market for the Brazilian parts industry, with R$ 1.64 billion this year, 20.8% more than in 2022. Its share reaches expressive 36.3%. Third in the ranking is the United States, with 15.1% and purchases of US$ 685.3 million, a 12.3% increase over last year.

German is the fourth top buyer, with US$ 342.6 million and 7.6%. The fifth one is Colombia, which bought 32% more this year – US$ 183.8 million and a 4.1% share.

The Brazilian autoparts industry exported US$ 4.5 billion in the first half of this year, a 19.1% growth over 2022. On the other direction, imports reached US$ 9.6 billion through June, with a slight 1.1% fall from last year’s figures.

“The autoparts industry commercial balance is still negative and was lower than in 2022 in June (-1.4%) and the first semester (-14.2%)”, informed Sindipeças in its commercial balance report, which indicates a US$ 5 billion deficit in the first six months.

China is the top autoparts seller to Brazil, but its numbers are falling this year. The Asian country shipped more than US$ 1.47 billion to Brazil in the first semester, 5.1% less than in 2022.

The United States is the second foreign parts supplier, with US$ 1.18 billion and 12.4%, and Germany is fourth, with US$ 980.8 million and 10%.

Photo: Meritor

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Alzira Rodrigues

Jornalista formada pela Universidade Metodista de São Paulo, iniciou a cobertura do setor automotivo em 1981 na Sucursal do ABC de O Estado de S. Paulo. Manteve-se na área desde então, passando por outros jornais e também revistas e sites.

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