Scrap Iron in Mexico

EXPORTS (2018): $341M, World Rnk 22 / 203
Flag Rnk 155 / 1179

TOP DESTINATION (2018): $253M, United States

FASTEST GROWING MARKET (2017 - 2018): $106M, United States

IMPORTS (2018): $636M, World Rnk 18 / 170
Flag Rnk 131 / 1211

TOP ORIGIN (2018): $551M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $134M, United States

ECONOMIC COMPLEXITY of Mexico (2018): 1.13, Rnk 21 / 137

PRODUCT COMPLEXITY  IN Scrap Iron (2018): -0.63, Rnk 731 / 1018

Overview: This page contains the latest trade data of Scrap Iron in Mexico.

Exports: In 2018, Mexico exported $341M in Scrap Iron, making it the 22nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 155th most exported product in Mexico. The main destination of Scrap Iron exports from Mexico are: United States ($253M), India ($21M), South Korea ($19.6M), Chinese Taipei ($15.3M), and Spain ($13.1M).

The fastest growing export markets for Scrap Iron of Mexico between 2017 and 2018 were United States ($106M), South Korea ($10.2M), and India ($9.92M).

Imports: In 2018, Mexico imported $636M in Scrap Iron, becoming the 18th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 131st most imported product in Mexico. Mexico imports Scrap Iron primarily from: United States ($551M), Canada ($47.8M), Netherlands ($19M), United Kingdom ($16M), and Bahamas ($1.07M).

The fastest growing import markets in Scrap Iron for Mexico between 2017 and 2018 were United States ($134M), Netherlands ($17.7M), and United Kingdom ($16M).

Value

EXPORTS (2018): $341M

IMPORTS (2018): $636M

NET TRADE (2018): -$295M

In 2018, Mexico exported $341M in Scrap Iron. The main destinations of Mexico exports on Scrap Iron were United States ($253M), India ($21M), South Korea ($19.6M), Chinese Taipei ($15.3M), and Spain ($13.1M).

In 2018, Mexico imported $636M in Scrap Iron, mainly from United States ($551M), Canada ($47.8M), Netherlands ($19M), United Kingdom ($16M), and Bahamas ($1.07M).

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IN 2018, Mexico HAD A POSITIVE NET TRADE IN Scrap Iron WITH:

  • India, $21M ($21M - $0)
  • South Korea, $19.6M ($19.6M - $30.8k)
  • Chinese Taipei, $15.3M ($15.3M - $23k)

IN 2018, Mexico HAD A NEGATIVE NET TRADE IN Scrap Iron WITH:

  • United States, -$298M ($253M - $551M)
  • Canada, -$47.8M ($26.1k - $47.8M)
  • United Kingdom, -$15.8M ($224k - $16M)
Flow

THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Mexico WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Mexico WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Mexico's main exporting competitors in Scrap Iron were:

In 2018, Mexico's main importing competitors in Scrap Iron were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Scrap Iron in Mexico. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the tariffs for Scrap Iron in the imports of Mexico were of 0% around the world.

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