2023
Exports
$52.1MWorld Rnk 13 / 149
Flag Rnk 426 / 1189
2023
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.057Rnk 535 / 1025
2023
Imports
$9.52MWorld Rnk 38 / 213
Flag Rnk 883 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $52.1M in Other Fermented Beverages, making it the 13th largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 426th most exported product in Mexico. The main destination of Other Fermented Beverages exports from Mexico are: United States ($49.7M), Dominican Republic ($1.81M), Honduras ($145k), Guatemala ($112k), and Panama ($109k).

The fastest growing export markets for Other Fermented Beverages of Mexico between 2022 and 2023 were Honduras ($145k), Canada ($30.8k), and Guatemala ($14.6k).

Imports In 2023, Mexico imported $9.52M in Other Fermented Beverages, becoming the 38th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 883rd most imported product in Mexico. Mexico imports Other Fermented Beverages primarily from: United States ($3.25M), Belgium ($3.03M), Spain ($1.75M), Japan ($748k), and Italy ($542k).

The fastest growing import markets in Other Fermented Beverages for Mexico between 2022 and 2023 were Belgium ($871k), Spain ($203k), and United Kingdom ($54.1k).

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 Other Fermented Beverages. 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)$52.1M
IMPORTS (2023)$9.52M
NET TRADE (2023)$42.5M

In 2023, Mexico exported $52.1M in Other Fermented Beverages. The main destinations of Mexico exports on Other Fermented Beverages were United States ($49.7M), Dominican Republic ($1.81M), Honduras ($145k), Guatemala ($112k), and Panama ($109k).

In 2023, Mexico imported $9.52M in Other Fermented Beverages, mainly from United States ($3.25M), Belgium ($3.03M), Spain ($1.75M), Japan ($748k), and Italy ($542k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Honduras$145k (1%)
Canada$30.8k (261%)
Guatemala$14.6k (14.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Mexico WERE (2022 - 2023):
United States-$12.6M (-20.2%)
Australia-$154k (-100%)
Spain-$125k (-96.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Other Fermented Beverages were:
In 2023, Mexico's main importing competitors in Other Fermented Beverages were:

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.86M
TOP IMPORT POTENTIALJapan+ $510k

Other Fermented Beverages’s highest export potential is United States. With an export gap of $2.86M.   Other Fermented Beverages’s highest import potential is Japan with an import gap of $510k.

See methodology.

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