2022
Exports
$702MWorld Rnk 3 / 195
Flag Rnk 113 / 1193
2022
PRODUCT COMPLEXITY IN Iron Stovetops
0.23Rnk 479 / 1025
2022
Imports
$173MWorld Rnk 13 / 221
Flag Rnk 355 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $702M in Iron Stovetops, making it the 3rd largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 113th most exported product in Mexico. The main destination of Iron Stovetops exports from Mexico are: United States ($618M), Guatemala ($23.7M), Canada ($10.6M), Dominican Republic ($7.27M), and Thailand ($4.71M).

The fastest growing export markets for Iron Stovetops of Mexico between 2021 and 2022 were Thailand ($2.74M), Guyana ($1.63M), and Canada ($1.43M).

Imports In 2022, Mexico imported $173M in Iron Stovetops, becoming the 13th largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 355th most imported product in Mexico. Mexico imports Iron Stovetops primarily from: China ($102M), United States ($33.9M), Italy ($15.2M), Vietnam ($11.9M), and Turkey ($2.66M).

The fastest growing import markets in Iron Stovetops for Mexico between 2021 and 2022 were Chinese Taipei ($304k), Canada ($137k), and Ireland ($60.8k).

COMPANIES In 2023, leading companies such as John Deere (24) and Celebrity Cruises (1) were at the forefront of shipping Iron Stovetops 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 Stovetops. 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)$702M
IMPORTS (2022)$173M
NET TRADE (2022)$529M

In 2022, Mexico exported $702M in Iron Stovetops. The main destinations of Mexico exports on Iron Stovetops were United States ($618M), Guatemala ($23.7M), Canada ($10.6M), Dominican Republic ($7.27M), and Thailand ($4.71M).

In 2022, Mexico imported $173M in Iron Stovetops, mainly from China ($102M), United States ($33.9M), Italy ($15.2M), Vietnam ($11.9M), and Turkey ($2.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Thailand$2.74M (139%)
Guyana$1.63M (219%)
Canada$1.43M (15.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY Mexico WERE (2021 - 2022):
United States-$78.2M (-11.2%)
El Salvador-$5.88M (-58.3%)
Honduras-$4.84M (-54%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Iron Stovetops were:
China $6.52B
Italy $1.15B
In 2022, Mexico's main importing competitors in Iron Stovetops were:

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Trade Value of Iron Stovetops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $70.4M
TOP IMPORT POTENTIALChina+ $16.9M

Iron Stovetops’s highest export potential is United States. With an export gap of $70.4M.   Iron Stovetops’s highest import potential is China with an import gap of $16.9M.

See methodology.

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