2018
Exports
$73.6MWorld Rnk 8 / 143
Flag Rnk 377 / 1189
2023
PRODUCT COMPLEXITY IN Electrical Insulators
0.91Rnk 200 / 1025
2018
Imports
$123MWorld Rnk 4 / 206
Flag Rnk 418 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2018, Mexico exported $73.6M in Electrical Insulators, making it the 8th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 377th most exported product in Mexico. The main destination of Electrical Insulators exports from Mexico are: United States ($56.1M), Canada ($9.12M), El Salvador ($1.29M), Colombia ($1.02M), and United Kingdom ($911k).

The fastest growing export markets for Electrical Insulators of Mexico between 2022 and 2023 were Canada ($3.8M), El Salvador ($1.09M), and India ($575k).

Imports In 2023, Mexico imported $123M in Electrical Insulators, becoming the 4th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 418th most imported product in Mexico. Mexico imports Electrical Insulators primarily from: United States ($56.4M), China ($34.9M), Chinese Taipei ($7.14M), Japan ($6.34M), and Colombia ($2.52M).

The fastest growing import markets in Electrical Insulators for Mexico between 2022 and 2023 were China ($3.61M), Austria ($1.86M), and Chinese Taipei ($1.2M).

COMPANIES In 2024, leading companies such as TE Connectivity (1) were at the forefront of shipping Electrical Insulators from Mexico to the United States.

Latest Trends

Dec 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 Electrical Insulators. 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 (2023)$73.6M
IMPORTS (2023)$123M
NET TRADE (2023)-$49.3M

In 2023, Mexico exported $73.6M in Electrical Insulators. The main destinations of Mexico exports on Electrical Insulators were United States ($56.1M), Canada ($9.12M), El Salvador ($1.29M), Colombia ($1.02M), and United Kingdom ($911k).

In 2023, Mexico imported $123M in Electrical Insulators, mainly from United States ($56.4M), China ($34.9M), Chinese Taipei ($7.14M), Japan ($6.34M), and Colombia ($2.52M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Canada$3.8M (71.6%)
El Salvador$1.09M (549%)
India$575k (526%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Mexico WERE (2022 - 2023):
United States-$16.9M (-23.1%)
South Korea-$916k (-100%)
Germany-$328k (-40.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Electrical Insulators were:
In 2023, Mexico's main importing competitors in Electrical Insulators were:

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.51M
TOP IMPORT POTENTIALChina+ $3.45M

Electrical Insulators’s highest export potential is United States. With an export gap of $4.51M.   Electrical Insulators’s highest import potential is China with an import gap of $3.45M.

See methodology.

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