Is a Mexico-China Competition Emerging in US Supply Chains? A Comparative Perspective

Table 2.

Domesticvalue-added content of Mexico’s and China’s gross exports to the US in 2020

  Mexico China Percentage Difference (%)

Manufacturing 128971 301313 -57.2
1. Food products, beverages and tobacco 5930 4059 46.1
2. Textiles, wearing apparel, leather and related products 3576 48689 -92.7
3. Wood and paper products and printing 1114 6037 -81.5
4. Chemicals and non-metallic mineral products 9702 37178 -73.9
5. Basic metals and fabricated metal products 11346 13438 -15.6
6. Computer, electronic, and electrical equipment 25311 122187 -79.3
7. Machinery and equipment n.e.c 7427 20110 -63.1
8. Transportation equipment 60411 13193 357.9
8.1 Motor vehicles, trailer and semi-trailers 58534 11025 430.9
8.2 Other transport equipment 1878 2168 -13.4
9. Manufacturing n.e.c.; repair and installation of machinery and equipment 36422 4154 776.8

Note: The figures are in millions of USD; Source: The Trade in Value Added (TiVA) Database from OECD.Stat. https://stats.oecd.org/Index.aspx?DataSetCode=TIVA_2022_C1#