HS Icon Crude Petroleum in  Flag Mexico

2019
Exports | Imports
: $26.6B | $25.8M, World Rnk 12 / 135
Flag Rnk 5 / 1187 | World Rnk 84 / 156
Flag Rnk 710 / 1208

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.83B | $16, Chinese Taipei |  Brazil

2019
ECONOMIC COMPLEXITY of Mexico
: 1.25, Rnk 20 / 147

2019
PRODUCT COMPLEXITY  IN Crude Petroleum
: -3.02, Rnk 1029 / 1029

Exports: In 2019, Mexico exported $26.6B in Crude Petroleum, making it the 12th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 5th most exported product in Mexico. The main destination of Crude Petroleum exports from Mexico are: United States ($11.2B), Chinese Taipei ($6.19B), India ($3.28B), Spain ($3.14B), and South Korea ($2.47B).

The fastest growing export markets for Crude Petroleum of Mexico between 2018 and 2019 were Chinese Taipei ($4.83B), South Korea ($719M), and India ($161M).

Imports: In 2019, Mexico imported $25.8M in Crude Petroleum, becoming the 84th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 710th most imported product in Mexico. Mexico imports Crude Petroleum primarily from: United States ($25.8M) and Brazil ($16).

The fastest growing import markets in Crude Petroleum for Mexico between 2018 and 2019 were Brazil ($16).

Historical Data

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Value

EXPORTS (2019): $26.6B

IMPORTS (2019): $25.8M

NET TRADE (2019): $26.6B

In 2019, Mexico exported $26.6B in Crude Petroleum. The main destinations of Mexico exports on Crude Petroleum were United States ($11.2B), Chinese Taipei ($6.19B), India ($3.28B), Spain ($3.14B), and South Korea ($2.47B).

In 2019, Mexico imported $25.8M in Crude Petroleum, mainly from United States ($25.8M) and Brazil ($16).

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IN 2019, Mexico HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:: United States , $11.2B ($11.2B - $25.8M)

IN 2019, Mexico HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:: Canada , -$49 ($4 - $53)

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Mexico WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Mexico WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Mexico's main exporting competitors in Crude Petroleum were:

In 2018, Mexico's main importing competitors in Crude Petroleum were:

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Tariffs by Country

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In 2017, the tariffs for Crude Petroleum in the imports of Mexico were of 0% around the world.