2022
Exports
$50.4MWorld Rnk 20 / 173
Flag Rnk 434 / 1193
2022
PRODUCT COMPLEXITY IN Coated Metal Soldering Products
0.55Rnk 345 / 1025
2022
Imports
$182MWorld Rnk 3 / 219
Flag Rnk 341 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $50.4M in Coated Metal Soldering Products, making it the 20th largest exporter of Coated Metal Soldering Products in the world. At the same year, Coated Metal Soldering Products was the 434th most exported product in Mexico. The main destination of Coated Metal Soldering Products exports from Mexico are: United States ($21.2M), Guatemala ($4.07M), Costa Rica ($2.94M), Nicaragua ($2.74M), and Singapore ($2.39M).

The fastest growing export markets for Coated Metal Soldering Products of Mexico between 2021 and 2022 were Singapore ($1.74M), United States ($1.5M), and Trinidad and Tobago ($864k).

Imports In 2022, Mexico imported $182M in Coated Metal Soldering Products, becoming the 3rd largest importer of Coated Metal Soldering Products in the world. At the same year, Coated Metal Soldering Products was the 341st most imported product in Mexico. Mexico imports Coated Metal Soldering Products primarily from: United States ($117M), China ($25.6M), South Korea ($15M), Vietnam ($8.36M), and Japan ($3.1M).

The fastest growing import markets in Coated Metal Soldering Products for Mexico between 2021 and 2022 were United States ($28.9M), China ($7.79M), and South Korea ($6.42M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Coated Metal Soldering Products from Mexico to the United States.

Latest Trends

Jul 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 Coated Metal Soldering Products. 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)$50.4M
IMPORTS (2022)$182M
NET TRADE (2022)-$132M

In 2022, Mexico exported $50.4M in Coated Metal Soldering Products. The main destinations of Mexico exports on Coated Metal Soldering Products were United States ($21.2M), Guatemala ($4.07M), Costa Rica ($2.94M), Nicaragua ($2.74M), and Singapore ($2.39M).

In 2022, Mexico imported $182M in Coated Metal Soldering Products, mainly from United States ($117M), China ($25.6M), South Korea ($15M), Vietnam ($8.36M), and Japan ($3.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coated Metal Soldering Products EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Singapore$1.74M (271%)
United States$1.5M (7.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated Metal Soldering Products BY Mexico WERE (2021 - 2022):
Peru-$2.26M (-59.6%)
Guatemala-$855k (-17.4%)
Saudi Arabia-$552k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Coated Metal Soldering Products were:
In 2022, Mexico's main importing competitors in Coated Metal Soldering Products were:

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Trade Value of Coated Metal Soldering Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.7M
TOP IMPORT POTENTIALChina+ $6.83M

Coated Metal Soldering Products’s highest export potential is United States. With an export gap of $5.7M.   Coated Metal Soldering Products’s highest import potential is China with an import gap of $6.83M.

See methodology.

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