2022
Exports
$758MWorld Rnk 4 / 207
Flag Rnk 106 / 1193
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$584MWorld Rnk 3 / 218
Flag Rnk 168 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $758M in Iron Springs, making it the 4th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 106th most exported product in Mexico. The main destination of Iron Springs exports from Mexico are: United States ($699M), Canada ($34M), Germany ($2.8M), Australia ($2.09M), and Guatemala ($1.84M).

The fastest growing export markets for Iron Springs of Mexico between 2021 and 2022 were United States ($74.7M), Canada ($16.7M), and Argentina ($1.18M).

Imports In 2022, Mexico imported $584M in Iron Springs, becoming the 3rd largest importer of Iron Springs in the world. At the same year, Iron Springs was the 168th most imported product in Mexico. Mexico imports Iron Springs primarily from: United States ($374M), China ($74.5M), Germany ($32.9M), Japan ($22M), and Canada ($20M).

The fastest growing import markets in Iron Springs for Mexico between 2021 and 2022 were United States ($50.3M), China ($19.1M), and Canada ($14.5M).

COMPANIES In 2023, leading companies such as Robert Bosch (25), Schaeffler Group (13), and Rolls-Royce (2) were at the forefront of shipping Iron Springs from Mexico to the United States.

Latest Trends

Jul 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 Springs. 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)$758M
IMPORTS (2022)$584M
NET TRADE (2022)$174M

In 2022, Mexico exported $758M in Iron Springs. The main destinations of Mexico exports on Iron Springs were United States ($699M), Canada ($34M), Germany ($2.8M), Australia ($2.09M), and Guatemala ($1.84M).

In 2022, Mexico imported $584M in Iron Springs, mainly from United States ($374M), China ($74.5M), Germany ($32.9M), Japan ($22M), and Canada ($20M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$74.7M (12%)
Canada$16.7M (96.3%)
Argentina$1.18M (486%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Mexico WERE (2021 - 2022):
Austria-$3.12M (-99.8%)
Russia-$932k (-100%)
China-$497k (-22.2%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.61M
TOP IMPORT POTENTIALChina+ $12.2M

Iron Springs’s highest export potential is Germany. With an export gap of $6.61M.   Iron Springs’s highest import potential is China with an import gap of $12.2M.

See methodology.

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