2022
Exports | Imports
$281M | $2.97BWorld Rnk 26 / 224
Flag Rnk 204 / 1193
World Rnk 3 / 225
Flag Rnk 33 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 21 / 124
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.6Rnk 33 / 1025

About

Exports In 2022, Mexico exported $281M in Iron Fasteners, making it the 26th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 204th most exported product in Mexico. The main destination of Iron Fasteners exports from Mexico are: United States ($225M), Canada ($9.81M), China ($4.51M), Brazil ($4.12M), and Panama ($3.04M).

The fastest growing export markets for Iron Fasteners of Mexico between 2021 and 2022 were United States ($43M), Panama ($2.57M), and Uzbekistan ($2.21M).

Imports In 2022, Mexico imported $2.97B in Iron Fasteners, becoming the 3rd largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 33rd most imported product in Mexico. Mexico imports Iron Fasteners primarily from: United States ($1.69B), China ($538M), Germany ($183M), Chinese Taipei ($157M), and Japan ($106M).

The fastest growing import markets in Iron Fasteners for Mexico between 2021 and 2022 were United States ($225M), China ($67.6M), and South Korea ($13.3M).

COMPANIES In 2023, leading companies such as SCHAEFFLER GROUP USA INC. (58), VOLKSWAGEN GROUP OF AMERICA (41), and GENERAL MOTORS DO BRASIL LTDA (8) were at the forefront of shipping Iron Fasteners 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 Iron Fasteners. 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)$281M
IMPORTS (2022)$2.97B
NET TRADE (2022)-$2.69B

In 2022, Mexico exported $281M in Iron Fasteners. The main destinations of Mexico exports on Iron Fasteners were United States ($225M), Canada ($9.81M), China ($4.51M), Brazil ($4.12M), and Panama ($3.04M).

In 2022, Mexico imported $2.97B in Iron Fasteners, mainly from United States ($1.69B), China ($538M), Germany ($183M), Chinese Taipei ($157M), and Japan ($106M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$43M (23.6%)
Panama$2.57M (547%)
Uzbekistan$2.21M (42.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Mexico WERE (2021 - 2022):
Saudi Arabia-$2.08M (-95.7%)
Thailand-$1.64M (-53.5%)
China-$1.22M (-21.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Fasteners by Exporters

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