2023
Exports
$274MWorld Rnk 18 / 175
Flag Rnk 211 / 1189
2023
PRODUCT COMPLEXITY IN Cement
-1.48Rnk 943 / 1025
2023
Imports
$48MWorld Rnk 78 / 224
Flag Rnk 612 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $274M in Cement, making it the 18th largest exporter of Cement in the world. At the same year, Cement was the 211th most exported product in Mexico. The main destination of Cement exports from Mexico are: United States ($253M), Guatemala ($7.48M), Belize ($4.82M), Bahamas ($3.83M), and Brazil ($1.98M).

The fastest growing export markets for Cement of Mexico between 2022 and 2023 were Bahamas ($2.23M), Guatemala ($554k), and Chinese Taipei ($388k).

Imports In 2023, Mexico imported $48M in Cement, becoming the 78th largest importer of Cement in the world. At the same year, Cement was the 612th most imported product in Mexico. Mexico imports Cement primarily from: United States ($20.2M), Tunisia ($10M), Turkey ($8.3M), Spain ($4.16M), and Pakistan ($1.84M).

The fastest growing import markets in Cement for Mexico between 2022 and 2023 were United States ($8.68M), Turkey ($8.25M), and Tunisia ($6.44M).

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 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 (2023)$274M
IMPORTS (2023)$48M
NET TRADE (2023)$226M

In 2023, Mexico exported $274M in Cement. The main destinations of Mexico exports on Cement were United States ($253M), Guatemala ($7.48M), Belize ($4.82M), Bahamas ($3.83M), and Brazil ($1.98M).

In 2023, Mexico imported $48M in Cement, mainly from United States ($20.2M), Tunisia ($10M), Turkey ($8.3M), Spain ($4.16M), and Pakistan ($1.84M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Bahamas$2.23M (139%)
Guatemala$554k (8.01%)
Chinese Taipei$388k (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Mexico WERE (2022 - 2023):
United States-$39.2M (-13.4%)
Nicaragua-$3.43M (-99.6%)
Belize-$1.62M (-25.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Cement were:
Turkey $1.65B
Vietnam $1.58B
Egypt $841M
In 2023, 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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