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Home Land

Production and Export of Heavy Vehicles Decline for four Consecutive Months

Exports to the United States decreased by 11.5% from January to April of this year.

T21 Media by T21 Media
13 May, 2024
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Producción y exportación de pesados hilan cuatro meses a la baja

Manufacturing figures for heavy vehicles detailed that during April 2024, 14,950 units (cargo and passenger) were produced, representing a decrease of 14.8% compared to the same month in 2023. Likewise, it meant a reduction of 12.2% compared to the same month in 2019, as shared by the National Association of Bus, Truck, and Tractor Manufacturers (ANPACT).

Specifically, cargo vehicles showed a contraction of 15.9%, decreasing from 17,075 units in April 2023 to 14,367 in April of the current year.

Regarding the production of heavy vehicles by energy source, Virginia Olalde, Director of Foreign Trade and Economic Studies at ANPACT, detailed that in the first four months of the year, 97.4% more units were manufactured using natural gas, reaching a total of 535 units produced.

“In terms of electric vehicles, 41 units were produced from January to April, representing a decrease of 31.7% compared to the same period of the previous year,” indicated the foreign trade specialist.

Search source: ANPACT

In turn, during the first four months of the current year, the production of heavy vehicles (cargo and passenger) manufactured in Mexico has experienced a decline of 9.9% compared to the same period in 2023. Olalde detailed that the cargo segment has experienced a 10.7% decrease in manufacturing during the mentioned period, meaning that 65,299 trucks were manufactured during the cited period.

Regarding exports, during April, 11,391 units of cargo and passenger vehicles were sent, which represented a contraction of 21.1% compared to the same month of 2023. From the cited figure, a total of 11,379 were from the cargo segment, which presented a reduction of 21.2% compared to last year.

In the cumulative period from January to April of the current year, 53,472 units (cargo and passenger) were exported, representing a decrease of 11.5% compared to the similar period of the previous year.

Regarding shipments of cargo vehicles in the first four months of the year, a total of 53,458 units were recorded, a trend that positioned the period 11.5% below 2023.

The ANPACT representative detailed that exports to our main destination, which is the United States, decreased by 11.5% from January to April of this year. In contrast, shipments to Canada increased by 5.4%, totaling 1,491 units. In third place, Colombia stood with a 40.0% growth, increasing from 230 to 322 units exported in the mentioned period.

Comment and follow us on X:  @Liznomas / @GrupoT21

Tags: AnpactExportation of Heavy VehiclesForeign MarketProduction of Heavy Vehicles

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índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas