2022
Exports | Imports
$14.1B | $4.22BWorld Rnk 3 / 224
Flag Rnk 8 / 1193
World Rnk 9 / 225
Flag Rnk 16 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 21 / 124
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.81Rnk 242 / 1025

About

Exports In 2022, Mexico exported $14.1B in Medical Instruments, making it the 3rd largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 8th most exported product in Mexico. The main destination of Medical Instruments exports from Mexico are: United States ($9.48B), Belgium ($947M), Canada ($403M), China ($357M), and Singapore ($293M).

The fastest growing export markets for Medical Instruments of Mexico between 2021 and 2022 were United States ($1.02B), Belgium ($524M), and Canada ($164M).

Imports In 2022, Mexico imported $4.22B in Medical Instruments, becoming the 9th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 16th most imported product in Mexico. Mexico imports Medical Instruments primarily from: United States ($3.21B), China ($238M), Germany ($140M), Israel ($64M), and Pakistan ($59.4M).

The fastest growing import markets in Medical Instruments for Mexico between 2021 and 2022 were United States ($320M), Israel ($35.1M), and Pakistan ($29.6M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Medical Instruments from Mexico to the United States.

Latest Trends

Jan 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 Medical Instruments. 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)$14.1B
IMPORTS (2022)$4.22B
NET TRADE (2022)$9.89B

In 2022, Mexico exported $14.1B in Medical Instruments. The main destinations of Mexico exports on Medical Instruments were United States ($9.48B), Belgium ($947M), Canada ($403M), China ($357M), and Singapore ($293M).

In 2022, Mexico imported $4.22B in Medical Instruments, mainly from United States ($3.21B), China ($238M), Germany ($140M), Israel ($64M), and Pakistan ($59.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$1.02B (12%)
Belgium$524M (124%)
Canada$164M (68.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Mexico WERE (2021 - 2022):
Singapore-$153M (-34.2%)
Saudi Arabia-$128M (-100%)
Russia-$65M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Medical Instruments by Exporters

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