2022
Exports
$169World Rnk 80 / 89
Flag Rnk 1181 / 1193
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$123MWorld Rnk 16 / 144
Flag Rnk 430 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $169 in Iron Reductions, making it the 80th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 1181st most exported product in Mexico. The main destination of Iron Reductions exports from Mexico are: Guatemala ($166) and Canada ($3).

The fastest growing export markets for Iron Reductions of Mexico between 2021 and 2022 were Guatemala ($166) and Canada ($3).

Imports In 2022, Mexico imported $123M in Iron Reductions, becoming the 16th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 430th most imported product in Mexico. Mexico imports Iron Reductions primarily from: United States ($122M), China ($542k), Italy ($1.39k), and United Arab Emirates ($426).

The fastest growing import markets in Iron Reductions for Mexico between 2021 and 2022 were United States ($25.1M), China ($542k), and United Arab Emirates ($426).

Latest Trends

Oct 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 Iron Reductions. 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)$169
IMPORTS (2022)$123M
NET TRADE (2022)-$123M

In 2022, Mexico exported $169 in Iron Reductions. The main destinations of Mexico exports on Iron Reductions were Guatemala ($166) and Canada ($3).

In 2022, Mexico imported $123M in Iron Reductions, mainly from United States ($122M), China ($542k), Italy ($1.39k), and United Arab Emirates ($426).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Guatemala$166 (1%)
Canada$3 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Mexico WERE (2021 - 2022):Peru-$29 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $802
TOP IMPORT POTENTIALChina+ $640k

Iron Reductions’s highest export potential is United States. With an export gap of $802.   Iron Reductions’s highest import potential is China with an import gap of $640k.

See methodology.

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