2022
Exports
$111MWorld Rnk 10 / 213
Flag Rnk 319 / 1193
2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
$190MWorld Rnk 4 / 220
Flag Rnk 337 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $111M in Gaskets, making it the 10th largest exporter of Gaskets in the world. At the same year, Gaskets was the 319th most exported product in Mexico. The main destination of Gaskets exports from Mexico are: United States ($87.8M), United Arab Emirates ($1.94M), Canada ($1.91M), South Korea ($1.67M), and Japan ($1.61M).

The fastest growing export markets for Gaskets of Mexico between 2021 and 2022 were United States ($17.2M), South Korea ($1.02M), and Kuwait ($1.02M).

Imports In 2022, Mexico imported $190M in Gaskets, becoming the 4th largest importer of Gaskets in the world. At the same year, Gaskets was the 337th most imported product in Mexico. Mexico imports Gaskets primarily from: United States ($107M), China ($19.6M), Germany ($8.97M), Japan ($8.19M), and Italy ($7.84M).

The fastest growing import markets in Gaskets for Mexico between 2021 and 2022 were United States ($11.9M), China ($6.41M), and Netherlands ($1.54M).

Latest Trends

Sep 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 Gaskets. 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)$111M
IMPORTS (2022)$190M
NET TRADE (2022)-$78.9M

In 2022, Mexico exported $111M in Gaskets. The main destinations of Mexico exports on Gaskets were United States ($87.8M), United Arab Emirates ($1.94M), Canada ($1.91M), South Korea ($1.67M), and Japan ($1.61M).

In 2022, Mexico imported $190M in Gaskets, mainly from United States ($107M), China ($19.6M), Germany ($8.97M), Japan ($8.19M), and Italy ($7.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$17.2M (24.4%)
South Korea$1.02M (156%)
Kuwait$1.02M (323%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Mexico WERE (2021 - 2022):
Saudi Arabia-$762k (-100%)
Canada-$571k (-23%)
France-$570k (-37.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.7M
TOP IMPORT POTENTIALChina+ $6.93M

Gaskets’s highest export potential is United States. With an export gap of $10.7M.   Gaskets’s highest import potential is China with an import gap of $6.93M.

See methodology.

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