Gaskets in Mexico

EXPORTS (2018): $110M, World Rnk 10 / 168
Flag Rnk 292 / 1179

TOP DESTINATION (2018): $88M, United States

FASTEST GROWING MARKET (2017 - 2018): $21.8M, United States

IMPORTS (2018): $168M, World Rnk 4 / 212
Flag Rnk 327 / 1211

TOP ORIGIN (2018): $107M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $1.05M, Austria

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

PRODUCT COMPLEXITY  IN Gaskets (2018): 1.48, Rnk 51 / 1018

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

Exports: In 2018, Mexico exported $110M in Gaskets, making it the 10th largest exporter of Gaskets in the world. At the same year, Gaskets was the 292nd most exported product in Mexico. The main destination of Gaskets exports from Mexico are: United States ($88M), Japan ($2.99M), Canada ($2.47M), Ireland ($1.67M), and South Korea ($1.46M).

The fastest growing export markets for Gaskets of Mexico between 2017 and 2018 were United States ($21.8M), Brazil ($557k), and Czechia ($430k).

Imports: In 2018, Mexico imported $168M in Gaskets, becoming the 4th largest importer of Gaskets in the world. At the same year, Gaskets was the 327th most imported product in Mexico. Mexico imports Gaskets primarily from: United States ($107M), Japan ($9.62M), China ($9.26M), Germany ($8.26M), and Chinese Taipei ($6.31M).

The fastest growing import markets in Gaskets for Mexico between 2017 and 2018 were Austria ($1.05M), Colombia ($1.03M), and Netherlands ($598k).

Tariffs: In 2017, the average tariff for Mexico in Gaskets was 0.86%. The countries with the highest import tariffs for Gaskets were Cuba (3.6%), Venezuela (3.6%), Ecuador (3%), Paraguay (2.6%), and Panama (2%).

Value

EXPORTS (2018): $110M

IMPORTS (2018): $168M

NET TRADE (2018): -$57.5M

In 2018, Mexico exported $110M in Gaskets. The main destinations of Mexico exports on Gaskets were United States ($88M), Japan ($2.99M), Canada ($2.47M), Ireland ($1.67M), and South Korea ($1.46M).

In 2018, Mexico imported $168M in Gaskets, mainly from United States ($107M), Japan ($9.62M), China ($9.26M), Germany ($8.26M), and Chinese Taipei ($6.31M).

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

  • Ireland, $1.64M ($1.67M - $27.2k)
  • Canada, $940k ($2.47M - $1.53M)
  • Czechia, $801k ($984k - $183k)

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

  • United States, -$18.5M ($88M - $107M)
  • China, -$7.88M ($1.37M - $9.26M)
  • Germany, -$7.5M ($754k - $8.26M)
Flow

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

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

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Gaskets 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 Gaskets was 0.86%.

The countries with the highest tariffs for Gaskets in Mexico were Cuba (3.6%), Venezuela (3.6%), Ecuador (3%), Paraguay (2.6%), and Panama (2%).

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