Cranes in Mexico 2020 Exports | Imports : $9.07M | $87.6M, World Rnk 52 / 156 Rnk 660 / 1179 | World Rnk 41 / 213 Rnk 413 / 1207
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $3.41M | $5.55M, United States | Thailand
2020 ECONOMIC COMPLEXITY of Mexico: 1.15, Rnk 21 / 127
2020 PRODUCT COMPLEXITY IN Cranes: 0.26, Rnk 459 / 1029
Exports In 2020, Mexico exported $9.07M in Cranes, making it the 52nd largest exporter of Cranes in the world. At the same year, Cranes was the 660th most exported product in Mexico. The main destination of Cranes exports from Mexico are: United States ($5.93M), Canada ($707k), Italy ($637k), Mozambique ($475k), and United Kingdom ($373k).
The fastest growing export markets for Cranes of Mexico between 2019 and 2020 were United States ($3.41M), Mozambique ($475k), and United Kingdom ($373k).
Imports In 2020, Mexico imported $87.6M in Cranes, becoming the 41st largest importer of Cranes in the world. At the same year, Cranes was the 413th most imported product in Mexico. Mexico imports Cranes primarily from: United States ($30M), China ($14.5M), Spain ($13.1M), Italy ($10.4M), and Thailand ($5.59M).
The fastest growing import markets in Cranes for Mexico between 2019 and 2020 were Thailand ($5.55M), Japan ($1.93M), and Poland ($706k).
Tariffs In 2017, the average tariff for Mexico in Cranes was 1.57%. The countries with the highest import tariffs for Cranes were Brazil (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.6%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.04%), Venezuela (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 5.04%), Ecuador (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 4.2%), and Argentina (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador MĂ©xico PanamĂĄ Paraguay PerĂș Uruguay Venezuela), 4%).
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 Cranes. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $9.07M
IMPORTS (2020): $87.6M
NET TRADE (2020): -$78.5M
In 2020, Mexico exported $9.07M in Cranes. The main destinations of Mexico exports on Cranes were United States ($5.93M), Canada ($707k), Italy ($637k), Mozambique ($475k), and United Kingdom ($373k).
In 2020, Mexico imported $87.6M in Cranes, mainly from United States ($30M), China ($14.5M), Spain ($13.1M), Italy ($10.4M), and Thailand ($5.59M).
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Mexico WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Mexico WERE (2019 - 2020):
In 2020, Mexico's main exporting competitors in Cranes were:
In 2020, Mexico's main importing competitors in Cranes were:
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