2022
Exports
$192MWorld Rnk 8 / 203
Flag Rnk 249 / 1193
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$75.5MWorld Rnk 24 / 225
Flag Rnk 553 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $192M in Other Wood Articles, making it the 8th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 249th most exported product in Mexico. The main destination of Other Wood Articles exports from Mexico are: United States ($180M), Canada ($10M), Dominican Republic ($358k), Australia ($213k), and Nicaragua ($158k).

The fastest growing export markets for Other Wood Articles of Mexico between 2021 and 2022 were Canada ($1.64M), United States ($263k), and Dominican Republic ($124k).

Imports In 2022, Mexico imported $75.5M in Other Wood Articles, becoming the 24th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 553rd most imported product in Mexico. Mexico imports Other Wood Articles primarily from: China ($38.7M), United States ($21.2M), Russia ($4.44M), Romania ($1.79M), and Poland ($1.75M).

The fastest growing import markets in Other Wood Articles for Mexico between 2021 and 2022 were China ($13.5M), Russia ($3.56M), and Poland ($1.75M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (4) were at the forefront of shipping Other Wood Articles 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 Wood Articles. 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)$192M
IMPORTS (2022)$75.5M
NET TRADE (2022)$116M

In 2022, Mexico exported $192M in Other Wood Articles. The main destinations of Mexico exports on Other Wood Articles were United States ($180M), Canada ($10M), Dominican Republic ($358k), Australia ($213k), and Nicaragua ($158k).

In 2022, Mexico imported $75.5M in Other Wood Articles, mainly from China ($38.7M), United States ($21.2M), Russia ($4.44M), Romania ($1.79M), and Poland ($1.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Canada$1.64M (19.6%)
United States$263k (0.15%)
Dominican Republic$124k (53.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Mexico WERE (2021 - 2022):
Australia-$583k (-73.2%)
Spain-$134k (-82.8%)
Germany-$68.5k (-61.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Other Wood Articles were:
China $4.03B
In 2022, Mexico's main importing competitors in Other Wood Articles were:

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.1M
TOP IMPORT POTENTIALChina+ $7.57M

Other Wood Articles’s highest export potential is United States. With an export gap of $24.1M.   Other Wood Articles’s highest import potential is China with an import gap of $7.57M.

See methodology.

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