2022
Exports
$2.75BWorld Rnk 28 / 218
Flag Rnk 22 / 96
2022
PRODUCT COMPLEXITY IN Copper articles
1.39Rnk 71 / 1025
2022
Imports
$3.42BWorld Rnk 19 / 225
Flag Rnk 23 / 96
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $2.75B in Copper articles, making it the 28th largest exporter of Copper articles in the world. At the same year, Copper articles was the 22nd most exported product in Mexico. The main destination of Copper articles exports from Mexico are: United States ($1.52B), China ($419M), South Korea ($238M), Italy ($61.8M), and Brazil ($61.4M).

The fastest growing export markets for Copper articles of Mexico between 2021 and 2022 were United States ($697M), South Korea ($63M), and Canada ($27.1M).

Imports In 2018, Mexico imported $3.42B in Copper articles, becoming the 19th largest importer of Copper articles in the world. At the same year, Copper articles was the 23rd most imported product in Mexico. Mexico imports Copper articles primarily from: United States ($2.68B), China ($181M), Chile ($121M), Malaysia ($116M), and Germany ($79.1M).

The fastest growing import markets in Copper articles for Mexico between 2021 and 2022 were Malaysia ($57.7M), China ($41M), and Chinese Taipei ($22.1M).

COMPANIES In 2023, leading companies such as Magna International (10), ZF Friedrichshafen (8), and Samsung (2) were at the forefront of shipping Copper articles from Mexico to the United States.

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 Copper articles. 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)$2.75B
IMPORTS (2022)$3.42B
NET TRADE (2022)-$676M

In 2022, Mexico exported $2.75B in Copper articles. The main destinations of Mexico exports on Copper articles were United States ($1.52B), China ($419M), South Korea ($238M), Italy ($61.8M), and Brazil ($61.4M).

In 2022, Mexico imported $3.42B in Copper articles, mainly from United States ($2.68B), China ($181M), Chile ($121M), Malaysia ($116M), and Germany ($79.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper articles EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$697M (85.2%)
South Korea$63M (36%)
Canada$27.1M (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper articles BY Mexico WERE (2021 - 2022):
China-$55.3M (-11.7%)
Brazil-$29.3M (-32.3%)
Indonesia-$26M (-99.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Copper articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $245M
TOP IMPORT POTENTIALChina+ $59.2M

Copper articles’s highest export potential is China. With an export gap of $245M.   Copper articles’s highest import potential is China with an import gap of $59.2M.

See methodology.

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