2022
Exports
$164MWorld Rnk 49 / 195
Flag Rnk 73 / 96
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$7.82BWorld Rnk 3 / 222
Flag Rnk 11 / 96
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $164M in Cereals, making it the 49th largest exporter of Cereals in the world. At the same year, Cereals was the 73rd most exported product in Mexico. The main destination of Cereals exports from Mexico are: Guatemala ($43.9M), Turkey ($29.6M), Nigeria ($21M), United States ($18.1M), and El Salvador ($14.5M).

The fastest growing export markets for Cereals of Mexico between 2021 and 2022 were Guatemala ($19.1M), Turkey ($12.9M), and El Salvador ($9.63M).

Imports In 2022, Mexico imported $7.82B in Cereals, becoming the 3rd largest importer of Cereals in the world. At the same year, Cereals was the 11th most imported product in Mexico. Mexico imports Cereals primarily from: United States ($6.46B), Brazil ($644M), Canada ($229M), Australia ($140M), and Argentina ($110M).

The fastest growing import markets in Cereals for Mexico between 2021 and 2022 were Brazil ($550M), United States ($120M), and Argentina ($107M).

COMPANIES In 2023, leading companies such as RIVIANA FOODS INC (4) and DEKALB FARMERS MARKET INC (1) were at the forefront of shipping Cereals from Mexico to the United States.

Latest Trends

Mar 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 Cereals. 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)$164M
IMPORTS (2022)$7.82B
NET TRADE (2022)-$7.66B

In 2022, Mexico exported $164M in Cereals. The main destinations of Mexico exports on Cereals were Guatemala ($43.9M), Turkey ($29.6M), Nigeria ($21M), United States ($18.1M), and El Salvador ($14.5M).

In 2022, Mexico imported $7.82B in Cereals, mainly from United States ($6.46B), Brazil ($644M), Canada ($229M), Australia ($140M), and Argentina ($110M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Guatemala$19.1M (76.7%)
Turkey$12.9M (77.8%)
El Salvador$9.63M (196%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Mexico WERE (2021 - 2022):
Tunisia-$8.68M (-100%)
Japan-$7.77M (-99.8%)
Venezuela-$6.76M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Cereals were:
In 2022, Mexico's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B

Explore Visualizations

Trade Value of Cereals by Exporters

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