2022
Exports | Imports
$2.49B | $165MWorld Rnk 3 / 144
Flag Rnk 40 / 1193
World Rnk 21 / 182
Flag Rnk 367 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 21 / 124
2022
PRODUCT COMPLEXITY IN Silver
-0.99Rnk 838 / 1025

About

Exports In 2022, Mexico exported $2.49B in Silver, making it the 3rd largest exporter of Silver in the world. At the same year, Silver was the 40th most exported product in Mexico. The main destination of Silver exports from Mexico are: United States ($2.03B), Japan ($206M), Canada ($126M), Switzerland ($108M), and Brazil ($9.28M).

The fastest growing export markets for Silver of Mexico between 2021 and 2022 were Switzerland ($85.1M), Turkey ($6.62M), and Italy ($2.09M).

Imports In 2022, Mexico imported $165M in Silver, becoming the 21st largest importer of Silver in the world. At the same year, Silver was the 367th most imported product in Mexico. Mexico imports Silver primarily from: United States ($142M), Japan ($9.33M), Peru ($5.07M), France ($3.16M), and Denmark ($955k).

The fastest growing import markets in Silver for Mexico between 2021 and 2022 were United States ($30.3M), Japan ($4.43M), and France ($327k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Silver from Mexico to the United States.

Latest Trends

Feb 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 Silver. 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)$2.49B
IMPORTS (2022)$165M
NET TRADE (2022)$2.33B

In 2022, Mexico exported $2.49B in Silver. The main destinations of Mexico exports on Silver were United States ($2.03B), Japan ($206M), Canada ($126M), Switzerland ($108M), and Brazil ($9.28M).

In 2022, Mexico imported $165M in Silver, mainly from United States ($142M), Japan ($9.33M), Peru ($5.07M), France ($3.16M), and Denmark ($955k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Switzerland$85.1M (372%)
Turkey$6.62M (1%)
Italy$2.09M (186%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Mexico WERE (2021 - 2022):
United States-$344M (-14.5%)
Japan-$42.3M (-17%)
Brazil-$13.5M (-59.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Silver were:
In 2022, Mexico's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

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