2022
Exports | Imports
$2.32B | $3.35BWorld Rnk 9 / 209
Flag Rnk 42 / 1193
World Rnk 12 / 225
Flag Rnk 28 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 21 / 124
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.06Rnk 154 / 1025

About

Exports In 2022, Mexico exported $2.32B in Electric Batteries, making it the 9th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 42nd most exported product in Mexico. The main destination of Electric Batteries exports from Mexico are: United States ($2B), Canada ($37M), Guatemala ($35.5M), France ($26.9M), and Germany ($26.2M).

The fastest growing export markets for Electric Batteries of Mexico between 2021 and 2022 were United States ($240M), Germany ($15M), and Kuwait ($5.84M).

Imports In 2022, Mexico imported $3.35B in Electric Batteries, becoming the 12th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 28th most imported product in Mexico. Mexico imports Electric Batteries primarily from: Poland ($1.2B), China ($661M), United States ($555M), Belgium ($265M), and Germany ($170M).

The fastest growing import markets in Electric Batteries for Mexico between 2021 and 2022 were China ($265M), Belgium ($264M), and Poland ($151M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electric Batteries from Mexico to the United States.

Latest Trends

Feb 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 Electric Batteries. 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)$2.32B
IMPORTS (2022)$3.35B
NET TRADE (2022)-$1.03B

In 2022, Mexico exported $2.32B in Electric Batteries. The main destinations of Mexico exports on Electric Batteries were United States ($2B), Canada ($37M), Guatemala ($35.5M), France ($26.9M), and Germany ($26.2M).

In 2022, Mexico imported $3.35B in Electric Batteries, mainly from Poland ($1.2B), China ($661M), United States ($555M), Belgium ($265M), and Germany ($170M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$240M (13.6%)
Germany$15M (133%)
Kuwait$5.84M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Mexico WERE (2021 - 2022):
Uganda-$12.4M (-100%)
Kenya-$9.37M (-86%)
Nigeria-$6.71M (-30.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Electric Batteries were:
In 2022, Mexico's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

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