The export of electrical and electronic equipment from Mexico has seen a mix of growth and decline over the past decade. After reaching $82.952 billion in 2019, the value of exports dipped significantly in 2020 to $70.077 billion, largely due to global disruptions. However, the sector rebounded strongly with a 22.55% year-on-year increase in 2021. The value continued to grow steadily, reaching $88.69 billion in 2023. The forecast anticipates this upward trend to persist, with the export value projected to reach $95.957 billion by 2028, reflecting a forecasted 1.24% CAGR.

Future trends to watch for include:

Technological advancements driving innovation in the electrical and electronic sectors.
Global economic conditions influencing demand and trade policies affecting export capabilities.
Potential supply chain disruptions and geopolitical factors impacting production and distribution.