2022
Exports
$188World Rnk 64 / 70
Flag Rnk 1180 / 1193
2022
Imports
$5.65MWorld Rnk 19 / 128
Flag Rnk 971 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $188 in Borax, making it the 64th largest exporter of Borax in the world. At the same year, Borax was the 1180th most exported product in Mexico. The main destination of Borax exports from Mexico are: Panama ($188).

The fastest growing export markets for Borax of Mexico between N/A and 2022 were Panama ($188).

Imports In 2022, Mexico imported $5.65M in Borax, becoming the 19th largest importer of Borax in the world. At the same year, Borax was the 971st most imported product in Mexico. Mexico imports Borax primarily from: Turkey ($3.14M), Chile ($924k), Bolivia ($780k), United States ($386k), and Guatemala ($264k).

The fastest growing import markets in Borax for Mexico between 2021 and 2022 were Bolivia ($586k), Turkey ($459k), and Chile ($312k).

Latest Trends

Sep 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 Borax. 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)$188
IMPORTS (2022)$5.65M
NET TRADE (2022)-$5.65M

In 2022, Mexico exported $188 in Borax. The main destinations of Mexico exports on Borax were Panama ($188).

In 2022, Mexico imported $5.65M in Borax, mainly from Turkey ($3.14M), Chile ($924k), Bolivia ($780k), United States ($386k), and Guatemala ($264k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Mexico WERE (N/A - 2022):Panama$188 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Borax were:
In 2022, Mexico's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $461
TOP IMPORT POTENTIALBolivia+ $224k

Borax’s highest export potential is United States. With an export gap of $461.   Borax’s highest import potential is Bolivia with an import gap of $224k.

See methodology.

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