2022
Exports
$5.51BWorld Rnk 11 / 226
Flag Rnk 16 / 1193
2022
PRODUCT COMPLEXITY IN Office Machine Parts
1.32Rnk 90 / 1025
2022
Imports
$22.1BWorld Rnk 4 / 224
Flag Rnk 3 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $5.51B in Office Machine Parts, making it the 11th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 16th most exported product in Mexico. The main destination of Office Machine Parts exports from Mexico are: United States ($4.27B), Canada ($192M), Netherlands ($134M), Germany ($113M), and Japan ($87.7M).

The fastest growing export markets for Office Machine Parts of Mexico between 2021 and 2022 were United States ($304M), Canada ($144M), and Spain ($17.2M).

Imports In 2022, Mexico imported $22.1B in Office Machine Parts, becoming the 4th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 3rd most imported product in Mexico. Mexico imports Office Machine Parts primarily from: United States ($9.7B), China ($7.98B), Chinese Taipei ($1.31B), South Korea ($790M), and Philippines ($777M).

The fastest growing import markets in Office Machine Parts for Mexico between 2021 and 2022 were China ($1.14B), United States ($889M), and Chinese Taipei ($548M).

COMPANIES In 2023, leading companies such as CNH Industrial (3) were at the forefront of shipping Office Machine Parts 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 Office Machine Parts. 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)$5.51B
IMPORTS (2022)$22.1B
NET TRADE (2022)-$16.6B

In 2022, Mexico exported $5.51B in Office Machine Parts. The main destinations of Mexico exports on Office Machine Parts were United States ($4.27B), Canada ($192M), Netherlands ($134M), Germany ($113M), and Japan ($87.7M).

In 2022, Mexico imported $22.1B in Office Machine Parts, mainly from United States ($9.7B), China ($7.98B), Chinese Taipei ($1.31B), South Korea ($790M), and Philippines ($777M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$304M (7.67%)
Canada$144M (298%)
Spain$17.2M (88.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Mexico WERE (2021 - 2022):
Russia-$44.6M (-100%)
China-$22.7M (-38%)
Hong Kong-$19.7M (-28.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Office Machine Parts were:
In 2022, Mexico's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $345M
TOP IMPORT POTENTIALChina+ $322M

Office Machine Parts’s highest export potential is United States. With an export gap of $345M.   Office Machine Parts’s highest import potential is China with an import gap of $322M.

See methodology.

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