2022
Exports
$272MWorld Rnk 15 / 170
Flag Rnk 208 / 1193
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$23MWorld Rnk 108 / 224
Flag Rnk 767 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $272M in Cement, making it the 15th largest exporter of Cement in the world. At the same year, Cement was the 208th most exported product in Mexico. The main destination of Cement exports from Mexico are: United States ($254M), Guatemala ($5.77M), Belize ($3.13M), Nicaragua ($2.78M), and Brazil ($1.57M).

The fastest growing export markets for Cement of Mexico between 2021 and 2022 were United States ($83.2M), Bahamas ($1.32M), and Dominican Republic ($236k).

Imports In 2022, Mexico imported $23M in Cement, becoming the 108th largest importer of Cement in the world. At the same year, Cement was the 767th most imported product in Mexico. Mexico imports Cement primarily from: United States ($12M), Tunisia ($3.58M), China ($1.61M), Spain ($1.52M), and Netherlands ($1.36M).

The fastest growing import markets in Cement for Mexico between 2021 and 2022 were Tunisia ($3.58M), Spain ($1.14M), and Germany ($97.2k).

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 Cement. 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)$272M
IMPORTS (2022)$23M
NET TRADE (2022)$249M

In 2022, Mexico exported $272M in Cement. The main destinations of Mexico exports on Cement were United States ($254M), Guatemala ($5.77M), Belize ($3.13M), Nicaragua ($2.78M), and Brazil ($1.57M).

In 2022, Mexico imported $23M in Cement, mainly from United States ($12M), Tunisia ($3.58M), China ($1.61M), Spain ($1.52M), and Netherlands ($1.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$83.2M (48.8%)
Bahamas$1.32M (1%)
Dominican Republic$236k (12.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Mexico WERE (2021 - 2022):
Cayman Islands-$4.24M (-100%)
El Salvador-$3.47M (-98.4%)
Belize-$2.62M (-45.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.2M
TOP IMPORT POTENTIALChina+ $834k

Cement’s highest export potential is United States. With an export gap of $19.2M.   Cement’s highest import potential is China with an import gap of $834k.

See methodology.

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