2022
Exports
$1.25BWorld Rnk 3 / 109
Flag Rnk 67 / 1193
2022
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.71Rnk 973 / 1025
2022
Imports
$18.8MWorld Rnk 28 / 109
Flag Rnk 797 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $1.25B in Precious Metal Ore, making it the 3rd largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 67th most exported product in Mexico. The main destination of Precious Metal Ore exports from Mexico are: China ($987M), Canada ($78.8M), Bulgaria ($65.9M), South Korea ($61.8M), and Japan ($25.3M).

The fastest growing export markets for Precious Metal Ore of Mexico between 2021 and 2022 were China ($969M), Japan ($22.1M), and Bulgaria ($9.38M).

Imports In 2022, Mexico imported $18.8M in Precious Metal Ore, becoming the 28th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 797th most imported product in Mexico. Mexico imports Precious Metal Ore primarily from: Chile ($11.3M), Ecuador ($5.74M), Greece ($1.16M), Canada ($391k), and United States ($175k).

The fastest growing import markets in Precious Metal Ore for Mexico between 2021 and 2022 were Chile ($11.3M), Ecuador ($5.5M), and Greece ($1.16M).

Latest Trends

Jul 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 Precious Metal Ore. 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)$1.25B
IMPORTS (2022)$18.8M
NET TRADE (2022)$1.23B

In 2022, Mexico exported $1.25B in Precious Metal Ore. The main destinations of Mexico exports on Precious Metal Ore were China ($987M), Canada ($78.8M), Bulgaria ($65.9M), South Korea ($61.8M), and Japan ($25.3M).

In 2022, Mexico imported $18.8M in Precious Metal Ore, mainly from Chile ($11.3M), Ecuador ($5.74M), Greece ($1.16M), Canada ($391k), and United States ($175k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
China$969M (5.32k%)
Japan$22.1M (698%)
Bulgaria$9.38M (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Mexico WERE (2021 - 2022):
Germany-$142M (-89.8%)
South Korea-$54.8M (-47%)
Finland-$11.3M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Precious Metal Ore were:
In 2022, Mexico's main importing competitors in Precious Metal Ore were:

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $10.7M
TOP IMPORT POTENTIALCanada+ $387k

Precious Metal Ore’s highest export potential is Germany. With an export gap of $10.7M.   Precious Metal Ore’s highest import potential is Canada with an import gap of $387k.

See methodology.

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