2022
Exports
$41MWorld Rnk 22 / 187
Flag Rnk 466 / 1193
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.05Rnk 150 / 1025
2022
Imports
$63.4MWorld Rnk 16 / 220
Flag Rnk 582 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $41M in Opto-Electric Instrument Parts, making it the 22nd largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 466th most exported product in Mexico. The main destination of Opto-Electric Instrument Parts exports from Mexico are: United States ($20.6M), Bosnia and Herzegovina ($3.37M), India ($2.76M), China ($2.65M), and Belgium ($1.4M).

The fastest growing export markets for Opto-Electric Instrument Parts of Mexico between 2021 and 2022 were India ($2.46M), Belgium ($887k), and El Salvador ($425k).

Imports In 2022, Mexico imported $63.4M in Opto-Electric Instrument Parts, becoming the 16th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 582nd most imported product in Mexico. Mexico imports Opto-Electric Instrument Parts primarily from: United States ($31.6M), China ($13.4M), Japan ($6.69M), India ($2.07M), and Germany ($1.85M).

The fastest growing import markets in Opto-Electric Instrument Parts for Mexico between 2021 and 2022 were United States ($13.7M), China ($9.2M), and India ($1.08M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (13) were at the forefront of shipping Opto-Electric Instrument Parts from Mexico to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Opto-Electric Instrument Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$41M
IMPORTS (2022)$63.4M
NET TRADE (2022)-$22.4M

In 2022, Mexico exported $41M in Opto-Electric Instrument Parts. The main destinations of Mexico exports on Opto-Electric Instrument Parts were United States ($20.6M), Bosnia and Herzegovina ($3.37M), India ($2.76M), China ($2.65M), and Belgium ($1.4M).

In 2022, Mexico imported $63.4M in Opto-Electric Instrument Parts, mainly from United States ($31.6M), China ($13.4M), Japan ($6.69M), India ($2.07M), and Germany ($1.85M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
India$2.46M (836%)
Belgium$887k (173%)
El Salvador$425k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Mexico WERE (2021 - 2022):
United States-$8.36M (-28.8%)
Germany-$1.17M (-67.6%)
Bosnia and Herzegovina-$391k (-10.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mexico's main exporting competitors in Opto-Electric Instrument Parts were:
In 2022, Mexico's main importing competitors in Opto-Electric Instrument Parts were:

Explore Visualizations

Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.38M
TOP IMPORT POTENTIALChina+ $2.12M

Opto-Electric Instrument Parts’s highest export potential is United States. With an export gap of $4.38M.   Opto-Electric Instrument Parts’s highest import potential is China with an import gap of $2.12M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with