2022
Exports
$351MWorld Rnk 10 / 172
Flag Rnk 178 / 1193
2022
PRODUCT COMPLEXITY IN LCDs
1.58Rnk 39 / 1025
2022
Imports
$1.47BWorld Rnk 3 / 211
Flag Rnk 75 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $351M in LCDs, making it the 10th largest exporter of LCDs in the world. At the same year, LCDs was the 178th most exported product in Mexico. The main destination of LCDs exports from Mexico are: United States ($326M), China ($12.7M), Canada ($6.18M), Slovakia ($1.35M), and Chinese Taipei ($784k).

The fastest growing export markets for LCDs of Mexico between 2021 and 2022 were China ($5.1M), Slovakia ($471k), and Qatar ($208k).

Imports In 2022, Mexico imported $1.47B in LCDs, becoming the 3rd largest importer of LCDs in the world. At the same year, LCDs was the 75th most imported product in Mexico. Mexico imports LCDs primarily from: China ($1.02B), United States ($142M), Vietnam ($118M), South Korea ($65.2M), and Japan ($40.2M).

The fastest growing import markets in LCDs for Mexico between 2021 and 2022 were South Korea ($36.8M), Japan ($36.2M), and Thailand ($11.8M).

COMPANIES In 2023, leading companies such as Volkswagen (2) were at the forefront of shipping LCDs from Mexico to the United States.

Latest Trends

Aug 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 LCDs. 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)$351M
IMPORTS (2022)$1.47B
NET TRADE (2022)-$1.12B

In 2022, Mexico exported $351M in LCDs. The main destinations of Mexico exports on LCDs were United States ($326M), China ($12.7M), Canada ($6.18M), Slovakia ($1.35M), and Chinese Taipei ($784k).

In 2022, Mexico imported $1.47B in LCDs, mainly from China ($1.02B), United States ($142M), Vietnam ($118M), South Korea ($65.2M), and Japan ($40.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
China$5.1M (66.7%)
Slovakia$471k (53.8%)
Qatar$208k (91.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY Mexico WERE (2021 - 2022):
United States-$127M (-28.1%)
Saudi Arabia-$9.72M (-100%)
Chinese Taipei-$2.09M (-72.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.2M
TOP IMPORT POTENTIALUnited States+ $24.4M

LCDs’s highest export potential is United States. With an export gap of $37.2M.   LCDs’s highest import potential is United States with an import gap of $24.4M.

See methodology.

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