2023
Exports
$247MWorld Rnk 20 / 176
Flag Rnk 218 / 1189
2023
PRODUCT COMPLEXITY IN Aluminium Bars
-0.075Rnk 584 / 1025
2023
Imports
$667MWorld Rnk 6 / 217
Flag Rnk 146 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $247M in Aluminium Bars, making it the 20th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 218th most exported product in Mexico. The main destination of Aluminium Bars exports from Mexico are: United States ($233M), Canada ($5.65M), El Salvador ($1.58M), Guatemala ($1.13M), and Dominican Republic ($1.11M).

The fastest growing export markets for Aluminium Bars of Mexico between 2022 and 2023 were Dominican Republic ($1.03M), Guatemala ($741k), and Barbados ($265k).

Imports In 2023, Mexico imported $667M in Aluminium Bars, becoming the 6th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 146th most imported product in Mexico. Mexico imports Aluminium Bars primarily from: United States ($444M), China ($142M), Germany ($10.1M), Japan ($9.57M), and Italy ($7.42M).

The fastest growing import markets in Aluminium Bars for Mexico between 2022 and 2023 were Japan ($4.57M), Germany ($4.14M), and Indonesia ($3.8M).

COMPANIES In 2024, leading companies such as Vestas (3) were at the forefront of shipping Aluminium Bars from Mexico to the United States.

Latest Trends

Dec 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 (2023)$247M
IMPORTS (2023)$667M
NET TRADE (2023)-$420M

In 2023, Mexico exported $247M in Aluminium Bars. The main destinations of Mexico exports on Aluminium Bars were United States ($233M), Canada ($5.65M), El Salvador ($1.58M), Guatemala ($1.13M), and Dominican Republic ($1.11M).

In 2023, Mexico imported $667M in Aluminium Bars, mainly from United States ($444M), China ($142M), Germany ($10.1M), Japan ($9.57M), and Italy ($7.42M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Dominican Republic$1.03M (1.16k%)
Guatemala$741k (190%)
Barbados$265k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Mexico WERE (2022 - 2023):
United States-$66.7M (-22.2%)
El Salvador-$3.74M (-70.3%)
Canada-$2.91M (-34%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Aluminium Bars were:
China $3.08B
Turkey $1.85B
In 2023, 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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