2022
Exports
$90.6MWorld Rnk 32 / 166
Flag Rnk 346 / 1193
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$1.37BWorld Rnk 3 / 224
Flag Rnk 79 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $90.6M in Concentrated Milk, making it the 32nd largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 346th most exported product in Mexico. The main destination of Concentrated Milk exports from Mexico are: United States ($66M), Belize ($5.77M), Australia ($5.49M), Trinidad and Tobago ($3.86M), and Costa Rica ($3.11M).

The fastest growing export markets for Concentrated Milk of Mexico between 2021 and 2022 were Australia ($2.61M), Costa Rica ($1.45M), and Nicaragua ($766k).

Imports In 2022, Mexico imported $1.37B in Concentrated Milk, becoming the 3rd largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 79th most imported product in Mexico. Mexico imports Concentrated Milk primarily from: United States ($1.34B), New Zealand ($12.6M), Uruguay ($5.02M), Chile ($4.54M), and Canada ($3.99M).

The fastest growing import markets in Concentrated Milk for Mexico between 2021 and 2022 were United States ($333M), New Zealand ($6.76M), and Canada ($3.4M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Concentrated Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$90.6M
IMPORTS (2022)$1.37B
NET TRADE (2022)-$1.28B

In 2022, Mexico exported $90.6M in Concentrated Milk. The main destinations of Mexico exports on Concentrated Milk were United States ($66M), Belize ($5.77M), Australia ($5.49M), Trinidad and Tobago ($3.86M), and Costa Rica ($3.11M).

In 2022, Mexico imported $1.37B in Concentrated Milk, mainly from United States ($1.34B), New Zealand ($12.6M), Uruguay ($5.02M), Chile ($4.54M), and Canada ($3.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Australia$2.61M (90.7%)
Costa Rica$1.45M (87%)
Nicaragua$766k (94.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Mexico WERE (2021 - 2022):
Cuba-$6.25M (-95.2%)
United States-$4.68M (-6.62%)
Colombia-$4.01M (-94.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Concentrated Milk were:
In 2022, Mexico's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $1.23M
TOP IMPORT POTENTIALNew Zealand+ $17.7M

Concentrated Milk’s highest export potential is Guatemala. With an export gap of $1.23M.   Concentrated Milk’s highest import potential is New Zealand with an import gap of $17.7M.

See methodology.

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