2022
Exports
$2.14BWorld Rnk 16 / 216
Flag Rnk 45 / 1193
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$3.77BWorld Rnk 12 / 225
Flag Rnk 22 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $2.14B in Machinery Having Individual Functions, making it the 16th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 45th most exported product in Mexico. The main destination of Machinery Having Individual Functions exports from Mexico are: United States ($1.83B), Canada ($63.1M), Singapore ($28.9M), Germany ($22.1M), and Japan ($19.8M).

The fastest growing export markets for Machinery Having Individual Functions of Mexico between 2021 and 2022 were Singapore ($25.3M), Chinese Taipei ($17.5M), and Japan ($15.3M).

Imports In 2022, Mexico imported $3.77B in Machinery Having Individual Functions, becoming the 12th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 22nd most imported product in Mexico. Mexico imports Machinery Having Individual Functions primarily from: United States ($1.79B), China ($425M), Germany ($323M), Japan ($306M), and South Korea ($269M).

The fastest growing import markets in Machinery Having Individual Functions for Mexico between 2021 and 2022 were United States ($410M), South Korea ($94.9M), and Japan ($42.9M).

COMPANIES In 2023, leading companies such as Busa Distribution Center (18), Robert Bosch (2), and Ford Motor Company (2) were at the forefront of shipping Machinery Having Individual Functions from Mexico to the United States.

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 Machinery Having Individual Functions. 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)$2.14B
IMPORTS (2022)$3.77B
NET TRADE (2022)-$1.62B

In 2022, Mexico exported $2.14B in Machinery Having Individual Functions. The main destinations of Mexico exports on Machinery Having Individual Functions were United States ($1.83B), Canada ($63.1M), Singapore ($28.9M), Germany ($22.1M), and Japan ($19.8M).

In 2022, Mexico imported $3.77B in Machinery Having Individual Functions, mainly from United States ($1.79B), China ($425M), Germany ($323M), Japan ($306M), and South Korea ($269M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Singapore$25.3M (706%)
Chinese Taipei$17.5M (773%)
Japan$15.3M (341%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Mexico WERE (2021 - 2022):
United States-$8.31M (-0.45%)
Saudi Arabia-$6.33M (-100%)
United Arab Emirates-$3.69M (-43.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Mexico's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $209M
TOP IMPORT POTENTIALChina+ $124M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $209M.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $124M.

See methodology.

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