2023
Exports
$917MWorld Rnk 10 / 178
Flag Rnk 94 / 1189
2023
PRODUCT COMPLEXITY IN Fork-Lifts
1.51Rnk 42 / 1025
2023
Imports
$939MWorld Rnk 9 / 220
Flag Rnk 106 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $917M in Fork-Lifts, making it the 10th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 94th most exported product in Mexico. The main destination of Fork-Lifts exports from Mexico are: United States ($882M), Canada ($31.4M), Brazil ($1.1M), United Arab Emirates ($426k), and Argentina ($392k).

The fastest growing export markets for Fork-Lifts of Mexico between 2022 and 2023 were United States ($499M), Canada ($21.2M), and Chinese Taipei ($377k).

Imports In 2023, Mexico imported $939M in Fork-Lifts, becoming the 9th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 106th most imported product in Mexico. Mexico imports Fork-Lifts primarily from: United States ($477M), China ($299M), Japan ($61.6M), South Korea ($18.8M), and Germany ($18.1M).

The fastest growing import markets in Fork-Lifts for Mexico between 2022 and 2023 were China ($206M), United States ($157M), and Japan ($35.6M).

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 Fork-Lifts. 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)$917M
IMPORTS (2023)$939M
NET TRADE (2023)-$22M

In 2023, Mexico exported $917M in Fork-Lifts. The main destinations of Mexico exports on Fork-Lifts were United States ($882M), Canada ($31.4M), Brazil ($1.1M), United Arab Emirates ($426k), and Argentina ($392k).

In 2023, Mexico imported $939M in Fork-Lifts, mainly from United States ($477M), China ($299M), Japan ($61.6M), South Korea ($18.8M), and Germany ($18.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$499M (130%)
Canada$21.2M (209%)
Chinese Taipei$377k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Mexico WERE (2022 - 2023):
Brazil-$912k (-45.3%)
Chile-$236k (-74.2%)
Cuba-$227k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Fork-Lifts were:
In 2023, Mexico's main importing competitors in Fork-Lifts were:

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $49.9M
TOP IMPORT POTENTIALChina+ $31.6M

Fork-Lifts’s highest export potential is United States. With an export gap of $49.9M.   Fork-Lifts’s highest import potential is China with an import gap of $31.6M.

See methodology.

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