2023
Exports
$214MWorld Rnk 4 / 137
Flag Rnk 236 / 1189
2023
PRODUCT COMPLEXITY IN Other Nickel Products
1.36Rnk 67 / 1025
2023
Imports
$38.1MWorld Rnk 20 / 195
Flag Rnk 659 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $214M in Other Nickel Products, making it the 4th largest exporter of Other Nickel Products in the world. At the same year, Other Nickel Products was the 236th most exported product in Mexico. The main destination of Other Nickel Products exports from Mexico are: United States ($122M), Sweden ($19.7M), China ($14.7M), Chinese Taipei ($13.3M), and Norway ($9.56M).

The fastest growing export markets for Other Nickel Products of Mexico between 2022 and 2023 were United States ($32.7M), Chinese Taipei ($11M), and Norway ($7.29M).

Imports In 2023, Mexico imported $38.1M in Other Nickel Products, becoming the 20th largest importer of Other Nickel Products in the world. At the same year, Other Nickel Products was the 659th most imported product in Mexico. Mexico imports Other Nickel Products primarily from: United States ($29.9M), China ($1.84M), Germany ($1.74M), Brazil ($1.44M), and United Kingdom ($926k).

The fastest growing import markets in Other Nickel Products for Mexico between 2022 and 2023 were United States ($6.69M), Brazil ($1.14M), and Germany ($785k).

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 Nickel Products. 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)$214M
IMPORTS (2023)$38.1M
NET TRADE (2023)$176M

In 2023, Mexico exported $214M in Other Nickel Products. The main destinations of Mexico exports on Other Nickel Products were United States ($122M), Sweden ($19.7M), China ($14.7M), Chinese Taipei ($13.3M), and Norway ($9.56M).

In 2023, Mexico imported $38.1M in Other Nickel Products, mainly from United States ($29.9M), China ($1.84M), Germany ($1.74M), Brazil ($1.44M), and United Kingdom ($926k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Nickel Products EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$32.7M (36.7%)
Chinese Taipei$11M (468%)
Norway$7.29M (321%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nickel Products BY Mexico WERE (2022 - 2023):
Spain-$3.81M (-98%)
South Korea-$1.69M (-100%)
France-$1.25M (-61.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Other Nickel Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.16M
TOP IMPORT POTENTIALUnited Kingdom+ $1.1M

Other Nickel Products’s highest export potential is China. With an export gap of $4.16M.   Other Nickel Products’s highest import potential is United Kingdom with an import gap of $1.1M.

See methodology.

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