Valves in Mexico

EXPORTS (2018): $2.9B, World Rnk 7 / 207
Flag Rnk 26 / 1179

TOP DESTINATION (2018): $2.5B, United States

FASTEST GROWING MARKET (2017 - 2018): $51.2M, United States

IMPORTS (2018): $3.53B, World Rnk 4 / 220
Flag Rnk 16 / 1211

TOP ORIGIN (2018): $2.37B, United States

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

PRODUCT COMPLEXITY  IN Valves (2018): 1.47, Rnk 52 / 1018

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

Exports: In 2018, Mexico exported $2.9B in Valves, making it the 7th largest exporter of Valves in the world. At the same year, Valves was the 26th most exported product in Mexico. The main destination of Valves exports from Mexico are: United States ($2.5B), Canada ($116M), Brazil ($41.1M), China ($23.7M), and South Korea ($15.6M).

The fastest growing export markets for Valves of Mexico between 2017 and 2018 were United States ($51.2M), Canada ($17M), and Norway ($6.35M).

Imports: In 2018, Mexico imported $3.53B in Valves, becoming the 4th largest importer of Valves in the world. At the same year, Valves was the 16th most imported product in Mexico. Mexico imports Valves primarily from: United States ($2.37B), China ($397M), Japan ($153M), Germany ($132M), and Italy ($60M).

Tariffs: In 2017, the average tariff for Mexico in Valves was 1.23%. The countries with the highest import tariffs for Valves were Venezuela (4.8%), Brazil (4%), Cuba (3.6%), Panama (3.6%), and Ecuador (3%).

Value

EXPORTS (2018): $2.9B

IMPORTS (2018): $3.53B

NET TRADE (2018): -$634M

In 2018, Mexico exported $2.9B in Valves. The main destinations of Mexico exports on Valves were United States ($2.5B), Canada ($116M), Brazil ($41.1M), China ($23.7M), and South Korea ($15.6M).

In 2018, Mexico imported $3.53B in Valves, mainly from United States ($2.37B), China ($397M), Japan ($153M), Germany ($132M), and Italy ($60M).

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IN 2018, Mexico HAD A POSITIVE NET TRADE IN Valves WITH:

  • United States, $129M ($2.5B - $2.37B)
  • Canada, $107M ($116M - $9.41M)
  • Brazil, $16.8M ($41.1M - $24.4M)

IN 2018, Mexico HAD A NEGATIVE NET TRADE IN Valves WITH:

  • China, -$373M ($23.7M - $397M)
  • Japan, -$144M ($9.7M - $153M)
  • Germany, -$121M ($10.5M - $132M)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves 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 Valves were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Valves 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 Valves was 1.23%.

The countries with the highest tariffs for Valves in Mexico were Venezuela (4.8%), Brazil (4%), Cuba (3.6%), Panama (3.6%), and Ecuador (3%).

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