2022
Exports
$343MWorld Rnk 22 / 175
Flag Rnk 181 / 1193
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$698MWorld Rnk 11 / 218
Flag Rnk 145 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $343M in Aluminium Bars, making it the 22nd largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 181st most exported product in Mexico. The main destination of Aluminium Bars exports from Mexico are: United States ($333M), Canada ($3.64M), El Salvador ($3.11M), Costa Rica ($829k), and China ($807k).

The fastest growing export markets for Aluminium Bars of Mexico between 2021 and 2022 were United States ($139M), China ($750k), and Costa Rica ($459k).

Imports In 2022, Mexico imported $698M in Aluminium Bars, becoming the 11th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 145th most imported product in Mexico. Mexico imports Aluminium Bars primarily from: United States ($469M), China ($158M), Italy ($10.3M), Spain ($9.85M), and South Korea ($8.8M).

The fastest growing import markets in Aluminium Bars for Mexico between 2021 and 2022 were United States ($93.7M), China ($33.7M), and South Korea ($2.77M).

COMPANIES In 2023, leading companies such as Vestas (4) were at the forefront of shipping Aluminium Bars from Mexico to the United States.

Latest Trends

Oct 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 Aluminium Bars. 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)$343M
IMPORTS (2022)$698M
NET TRADE (2022)-$355M

In 2022, Mexico exported $343M in Aluminium Bars. The main destinations of Mexico exports on Aluminium Bars were United States ($333M), Canada ($3.64M), El Salvador ($3.11M), Costa Rica ($829k), and China ($807k).

In 2022, Mexico imported $698M in Aluminium Bars, mainly from United States ($469M), China ($158M), Italy ($10.3M), Spain ($9.85M), and South Korea ($8.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$139M (71.5%)
China$750k (1.31k%)
Costa Rica$459k (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Mexico WERE (2021 - 2022):
Canada-$1.25M (-25.6%)
Honduras-$462k (-99.8%)
Ecuador-$209k (-59.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Mexico's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.6M
TOP IMPORT POTENTIALChina+ $16.2M

Aluminium Bars’s highest export potential is United States. With an export gap of $26.6M.   Aluminium Bars’s highest import potential is China with an import gap of $16.2M.

See methodology.

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