2023
Exports
$2.94BWorld Rnk 6 / 222
Flag Rnk 38 / 1189
2023
PRODUCT COMPLEXITY IN Liquid Pumps
1.3Rnk 77 / 1025
2023
Imports
$3.02BWorld Rnk 5 / 226
Flag Rnk 36 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $2.94B in Liquid Pumps, making it the 6th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 38th most exported product in Mexico. The main destination of Liquid Pumps exports from Mexico are: United States ($2.29B), Canada ($149M), Brazil ($51.9M), United Arab Emirates ($34.5M), and China ($34.1M).

The fastest growing export markets for Liquid Pumps of Mexico between 2022 and 2023 were United States ($202M), Brazil ($9.57M), and United Arab Emirates ($4.09M).

Imports In 2023, Mexico imported $3.02B in Liquid Pumps, becoming the 5th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 36th most imported product in Mexico. Mexico imports Liquid Pumps primarily from: United States ($1.17B), China ($797M), Canada ($215M), Germany ($171M), and South Korea ($107M).

The fastest growing import markets in Liquid Pumps for Mexico between 2022 and 2023 were United States ($174M), China ($46.2M), and Japan ($22M).

COMPANIES In 2024, leading companies such as Robert Bosch (7), General Motors (1), and Volkswagen (1) were at the forefront of shipping Liquid Pumps from Mexico to the United States.

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 Liquid Pumps. 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)$2.94B
IMPORTS (2023)$3.02B
NET TRADE (2023)-$76.8M

In 2023, Mexico exported $2.94B in Liquid Pumps. The main destinations of Mexico exports on Liquid Pumps were United States ($2.29B), Canada ($149M), Brazil ($51.9M), United Arab Emirates ($34.5M), and China ($34.1M).

In 2023, Mexico imported $3.02B in Liquid Pumps, mainly from United States ($1.17B), China ($797M), Canada ($215M), Germany ($171M), and South Korea ($107M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$202M (9.69%)
Brazil$9.57M (22.6%)
United Arab Emirates$4.09M (13.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Mexico WERE (2022 - 2023):
Canada-$26.4M (-15.1%)
Australia-$13.9M (-29.6%)
China-$8.74M (-20.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $248M
TOP IMPORT POTENTIALChina+ $78.7M

Liquid Pumps’s highest export potential is United States. With an export gap of $248M.   Liquid Pumps’s highest import potential is China with an import gap of $78.7M.

See methodology.

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