2023
Exports
$73.8MWorld Rnk 10 / 171
Flag Rnk 375 / 1189
2023
PRODUCT COMPLEXITY IN Honey
-1.23Rnk 883 / 1025
2023
Imports
$256kWorld Rnk 100 / 213
Flag Rnk 1150 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $73.8M in Honey, making it the 10th largest exporter of Honey in the world. At the same year, Honey was the 375th most exported product in Mexico. The main destination of Honey exports from Mexico are: United States ($25.1M), Germany ($20.8M), United Kingdom ($7.2M), Switzerland ($6.24M), and Belgium ($3.1M).

The fastest growing export markets for Honey of Mexico between 2022 and 2023 were France ($413k), Netherlands ($293k), and Canada ($274k).

Imports In 2023, Mexico imported $256k in Honey, becoming the 100th largest importer of Honey in the world. At the same year, Honey was the 1150th most imported product in Mexico. Mexico imports Honey primarily from: United States ($202k), France ($44.2k), Malaysia ($9.07k), Spain ($1.02k), and Turkey ($298).

The fastest growing import markets in Honey for Mexico between 2022 and 2023 were United States ($164k), France ($38.2k), and Malaysia ($9.07k).

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 Honey. 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)$73.8M
IMPORTS (2023)$256k
NET TRADE (2023)$73.5M

In 2023, Mexico exported $73.8M in Honey. The main destinations of Mexico exports on Honey were United States ($25.1M), Germany ($20.8M), United Kingdom ($7.2M), Switzerland ($6.24M), and Belgium ($3.1M).

In 2023, Mexico imported $256k in Honey, mainly from United States ($202k), France ($44.2k), Malaysia ($9.07k), Spain ($1.02k), and Turkey ($298).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
France$413k (51.4%)
Netherlands$293k (16.8%)
Canada$274k (10.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Mexico WERE (2022 - 2023):
United States-$25M (-49.9%)
Germany-$21.1M (-50.4%)
Saudi Arabia-$7.32M (-83.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.5M
TOP IMPORT POTENTIALUnited States+ $24.6k

Honey’s highest export potential is United States. With an export gap of $16.5M.   Honey’s highest import potential is United States with an import gap of $24.6k.

See methodology.

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