Other Heating Machinery in Mexico

EXPORTS (2018): $1.06B, World Rnk 11 / 184
Flag Rnk 70 / 1179

TOP DESTINATION (2018): $948M, United States

FASTEST GROWING MARKET (2017 - 2018): $283M, United States

IMPORTS (2018): $997M, World Rnk 10 / 215
Flag Rnk 85 / 1211

TOP ORIGIN (2018): $434M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $22.5M, Japan

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

PRODUCT COMPLEXITY  IN Other Heating Machinery (2018): 1.31, Rnk 80 / 1018

Overview: This page contains the latest trade data of Other Heating Machinery in Mexico.

Exports: In 2018, Mexico exported $1.06B in Other Heating Machinery, making it the 11th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 70th most exported product in Mexico. The main destination of Other Heating Machinery exports from Mexico are: United States ($948M), Canada ($21.8M), Chile ($8.8M), Brazil ($6.03M), and Japan ($5.02M).

The fastest growing export markets for Other Heating Machinery of Mexico between 2017 and 2018 were United States ($283M), Canada ($8.96M), and Chile ($6.98M).

Imports: In 2018, Mexico imported $997M in Other Heating Machinery, becoming the 10th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 85th most imported product in Mexico. Mexico imports Other Heating Machinery primarily from: United States ($434M), China ($199M), Japan ($103M), Germany ($51.3M), and Italy ($41.8M).

The fastest growing import markets in Other Heating Machinery for Mexico between 2017 and 2018 were Japan ($22.5M), United States ($13M), and China ($12M).

Tariffs: In 2017, the average tariff for Mexico in Other Heating Machinery was 3.15%. The countries with the highest import tariffs for Other Heating Machinery were Brazil (9.65%), Cuba (8.4%), Venezuela (7.69%), Ecuador (6%), and Paraguay (4.33%).

Value

EXPORTS (2018): $1.06B

IMPORTS (2018): $997M

NET TRADE (2018): $62.4M

In 2018, Mexico exported $1.06B in Other Heating Machinery. The main destinations of Mexico exports on Other Heating Machinery were United States ($948M), Canada ($21.8M), Chile ($8.8M), Brazil ($6.03M), and Japan ($5.02M).

In 2018, Mexico imported $997M in Other Heating Machinery, mainly from United States ($434M), China ($199M), Japan ($103M), Germany ($51.3M), and Italy ($41.8M).

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IN 2018, Mexico HAD A POSITIVE NET TRADE IN Other Heating Machinery WITH:

  • United States, $514M ($948M - $434M)
  • Canada, $16.7M ($21.8M - $5.15M)
  • Dominican Republic, $4.47M ($4.47M - $3.55k)

IN 2018, Mexico HAD A NEGATIVE NET TRADE IN Other Heating Machinery WITH:

  • China, -$196M ($3.16M - $199M)
  • Japan, -$98.1M ($5.02M - $103M)
  • Germany, -$48.2M ($3.12M - $51.3M)
Flow

THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Mexico WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery 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 Other Heating Machinery were:

In 2018, Mexico's main importing competitors in Other Heating Machinery were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Other Heating Machinery 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 average tariff for Mexico in Other Heating Machinery was 3.15%.

The countries with the highest tariffs for Other Heating Machinery in Mexico were Brazil (9.65%), Cuba (8.4%), Venezuela (7.69%), Ecuador (6%), and Paraguay (4.33%).

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