Exports In 2022, Mexico exported $54.4M in Electric Furnaces, making it the 20th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 428th most exported product in Mexico. The main destination of Electric Furnaces exports from Mexico are: United States ($45.8M), Brazil ($892k), Canada ($887k), Spain ($862k), and India ($652k).
The fastest growing export markets for Electric Furnaces of Mexico between 2021 and 2022 were United States ($13.9M), Spain ($858k), and Slovakia ($614k).
Imports In 2022, Mexico imported $208M in Electric Furnaces, becoming the 5th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 321st most imported product in Mexico. Mexico imports Electric Furnaces primarily from: United States ($66.6M), China ($44.3M), Hungary ($16.9M), Germany ($16.6M), and Italy ($13.3M).
The fastest growing import markets in Electric Furnaces for Mexico between 2021 and 2022 were China ($18.7M), Hungary ($12.7M), and United States ($10.4M).
COMPANIES In 2023, leading companies such as Ford Motor Company (5), Robert Bosch (2), and ZF Friedrichshafen (2) were at the forefront of shipping Electric Furnaces from Mexico to the United States.