2022
Exports
$1.55BWorld Rnk 7 / 209
Flag Rnk 60 / 1193
2022
PRODUCT COMPLEXITY IN Other Heating Machinery
1.15Rnk 116 / 1025
2022
Imports
$1.8BWorld Rnk 5 / 225
Flag Rnk 57 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $1.55B in Other Heating Machinery, making it the 7th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 60th most exported product in Mexico. The main destination of Other Heating Machinery exports from Mexico are: United States ($1.38B), Canada ($56.4M), France ($18.9M), Germany ($9.73M), and Chile ($9.08M).

The fastest growing export markets for Other Heating Machinery of Mexico between 2021 and 2022 were United States ($148M), Germany ($7.32M), and France ($6.86M).

Imports In 2022, Mexico imported $1.8B in Other Heating Machinery, becoming the 5th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 57th most imported product in Mexico. Mexico imports Other Heating Machinery primarily from: United States ($711M), China ($452M), South Korea ($141M), Japan ($108M), and Italy ($105M).

The fastest growing import markets in Other Heating Machinery for Mexico between 2021 and 2022 were United States ($247M), China ($104M), and South Korea ($58.4M).

COMPANIES In 2023, leading companies such as Samsung (74), Busa Distribution Center (4), and Celebrity Cruises (2) were at the forefront of shipping Other Heating Machinery from Mexico to the United States.

Latest Trends

Jul 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 Heating Machinery. 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)$1.55B
IMPORTS (2022)$1.8B
NET TRADE (2022)-$248M

In 2022, Mexico exported $1.55B in Other Heating Machinery. The main destinations of Mexico exports on Other Heating Machinery were United States ($1.38B), Canada ($56.4M), France ($18.9M), Germany ($9.73M), and Chile ($9.08M).

In 2022, Mexico imported $1.8B in Other Heating Machinery, mainly from United States ($711M), China ($452M), South Korea ($141M), Japan ($108M), and Italy ($105M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$148M (12.1%)
Germany$7.32M (304%)
France$6.86M (57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Mexico WERE (2021 - 2022):
Chile-$7.76M (-46.1%)
Russia-$5.61M (-100%)
Thailand-$2.25M (-94.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Other Heating Machinery were:
In 2022, Mexico's main importing competitors in Other Heating Machinery were:

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $147M
TOP IMPORT POTENTIALChina+ $59.3M

Other Heating Machinery’s highest export potential is United States. With an export gap of $147M.   Other Heating Machinery’s highest import potential is China with an import gap of $59.3M.

See methodology.

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