2022
Exports
$40.7MWorld Rnk 13 / 149
Flag Rnk 470 / 1193
2022
PRODUCT COMPLEXITY IN Cereal Meal and Pellets
-1.07Rnk 850 / 1025
2022
Imports
$34.6MWorld Rnk 15 / 211
Flag Rnk 693 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $40.7M in Cereal Meal and Pellets, making it the 13th largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 470th most exported product in Mexico. The main destination of Cereal Meal and Pellets exports from Mexico are: United States ($25.1M), Panama ($5.69M), Guatemala ($2.71M), Peru ($2.33M), and Ecuador ($1.14M).

The fastest growing export markets for Cereal Meal and Pellets of Mexico between 2021 and 2022 were United States ($17.4M), Panama ($5.04M), and Peru ($1.53M).

Imports In 2022, Mexico imported $34.6M in Cereal Meal and Pellets, becoming the 15th largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 693rd most imported product in Mexico. Mexico imports Cereal Meal and Pellets primarily from: United States ($21.9M), Canada ($12.6M), Italy ($57.1k), France ($16.6k), and Dominican Republic ($5.38k).

The fastest growing import markets in Cereal Meal and Pellets for Mexico between 2021 and 2022 were Italy ($16.5k), Dominican Republic ($5.38k), and Guatemala ($2.74k).

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 Cereal Meal and Pellets. 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)$40.7M
IMPORTS (2022)$34.6M
NET TRADE (2022)$6.15M

In 2022, Mexico exported $40.7M in Cereal Meal and Pellets. The main destinations of Mexico exports on Cereal Meal and Pellets were United States ($25.1M), Panama ($5.69M), Guatemala ($2.71M), Peru ($2.33M), and Ecuador ($1.14M).

In 2022, Mexico imported $34.6M in Cereal Meal and Pellets, mainly from United States ($21.9M), Canada ($12.6M), Italy ($57.1k), France ($16.6k), and Dominican Republic ($5.38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$17.4M (225%)
Panama$5.04M (776%)
Peru$1.53M (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY Mexico WERE (2021 - 2022):
Philippines-$1.78M (-81.9%)
Guyana-$442k (-100%)
Jamaica-$145k (-26.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Cereal Meal and Pellets were:
In 2022, Mexico's main importing competitors in Cereal Meal and Pellets were:

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.89M
TOP IMPORT POTENTIALItaly+ $157k

Cereal Meal and Pellets’s highest export potential is United States. With an export gap of $3.89M.   Cereal Meal and Pellets’s highest import potential is Italy with an import gap of $157k.

See methodology.

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