2022
Exports
$2.16MWorld Rnk 54 / 118
Flag Rnk 857 / 1193
2022
PRODUCT COMPLEXITY IN Aluminium Wire
-0.75Rnk 770 / 1025
2022
Imports
$84.7MWorld Rnk 19 / 195
Flag Rnk 527 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $2.16M in Aluminium Wire, making it the 54th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 857th most exported product in Mexico. The main destination of Aluminium Wire exports from Mexico are: Colombia ($1.09M), United States ($307k), Canada ($242k), Costa Rica ($205k), and Peru ($112k).

The fastest growing export markets for Aluminium Wire of Mexico between 2021 and 2022 were Canada ($65.4k), Switzerland ($40.5k), and Chile ($36k).

Imports In 2022, Mexico imported $84.7M in Aluminium Wire, becoming the 19th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 527th most imported product in Mexico. Mexico imports Aluminium Wire primarily from: United States ($27.3M), India ($25.7M), China ($7.97M), Bahrain ($7.78M), and Netherlands ($3.15M).

The fastest growing import markets in Aluminium Wire for Mexico between 2021 and 2022 were United States ($3.87M), India ($1.13M), and Netherlands ($761k).

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 Wire. 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)$2.16M
IMPORTS (2022)$84.7M
NET TRADE (2022)-$82.6M

In 2022, Mexico exported $2.16M in Aluminium Wire. The main destinations of Mexico exports on Aluminium Wire were Colombia ($1.09M), United States ($307k), Canada ($242k), Costa Rica ($205k), and Peru ($112k).

In 2022, Mexico imported $84.7M in Aluminium Wire, mainly from United States ($27.3M), India ($25.7M), China ($7.97M), Bahrain ($7.78M), and Netherlands ($3.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Canada$65.4k (37.1%)
Switzerland$40.5k (279%)
Chile$36k (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Mexico WERE (2021 - 2022):
Colombia-$1.92M (-63.9%)
United States-$1.62M (-84%)
Costa Rica-$218k (-51.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Aluminium Wire were:
In 2022, Mexico's main importing competitors in Aluminium Wire were:

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $937k
TOP IMPORT POTENTIALRussia+ $1.96M

Aluminium Wire’s highest export potential is United States. With an export gap of $937k.   Aluminium Wire’s highest import potential is Russia with an import gap of $1.96M.

See methodology.

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