About

The fastest growing export markets for Soups and broths and preparations thereof of Mexico between 2021 and 2022 were United States ($18.7M), Costa Rica ($2.13M), and Colombia ($1.75M).

Imports In 2022, Mexico imported $342M in Soups and broths and preparations thereof, becoming the 2nd largest importer of Soups and broths and preparations thereof in the world. At the same year, Soups and broths and preparations thereof was the 247th most imported product in Mexico. Mexico imports Soups and broths and preparations thereof primarily from: United States ($326M), Guatemala ($13.2M), South Korea ($947k), Spain ($611k), and Japan ($467k).

The fastest growing import markets in Soups and broths and preparations thereof for Mexico between 2021 and 2022 were United States ($77.2M), South Korea ($445k), and Belgium ($230k).

COMPANIES In 2023, leading companies such as Ford Motor Company (3.03k), Dekalb Farmers Market (1.98k), and Chiquita (1.74k) were at the forefront of shipping Soups and broths and preparations thereof from Mexico to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Soups and broths and preparations thereof. 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)$75M
IMPORTS (2022)$342M
NET TRADE (2022)-$267M

In 2022, Mexico imported $342M in Soups and broths and preparations thereof, mainly from United States ($326M), Guatemala ($13.2M), South Korea ($947k), Spain ($611k), and Japan ($467k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and broths and preparations thereof EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$18.7M (44.1%)
Costa Rica$2.13M (218%)
Colombia$1.75M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and broths and preparations thereof BY Mexico WERE (2021 - 2022):
Panama-$4.87M (-88.9%)
Guatemala-$3.94M (-48.1%)
Dominican Republic-$460k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Soups and broths and preparations thereof were:
In 2022, Mexico's main importing competitors in Soups and broths and preparations thereof were:

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Trade Value of Soups and broths and preparations thereof by Exporters

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