2022
Exports
$9.38BWorld Rnk 24 / 220
Flag Rnk 8 / 96
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.58Rnk 328 / 1025
2022
Imports
$1.44BWorld Rnk 40 / 225
Flag Rnk 40 / 96
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $9.38B in Precious stones, metals, & pearls, making it the 24th largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 8th most exported product in Mexico. The main destination of Precious stones, metals, & pearls exports from Mexico are: United States ($4.92B), Switzerland ($1.55B), United Kingdom ($1.49B), Canada ($343M), and Japan ($207M).

The fastest growing export markets for Precious stones, metals, & pearls of Mexico between 2021 and 2022 were Switzerland ($598M), Italy ($124M), and United Arab Emirates ($101M).

Imports In 2022, Mexico imported $1.44B in Precious stones, metals, & pearls, becoming the 40th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 40th most imported product in Mexico. Mexico imports Precious stones, metals, & pearls primarily from: United States ($773M), Italy ($172M), Turkey ($161M), China ($87.3M), and Spain ($77.2M).

The fastest growing import markets in Precious stones, metals, & pearls for Mexico between 2021 and 2022 were United States ($96.9M), Turkey ($64.4M), and Italy ($37.9M).

COMPANIES In 2023, leading companies such as Nissan (14), Celebrity Cruises (2), and Givaudan Fragrances (1) were at the forefront of shipping Precious stones, metals, & pearls from Mexico to the United States.

Latest Trends

Oct 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 Precious stones, metals, & pearls. 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)$9.38B
IMPORTS (2022)$1.44B
NET TRADE (2022)$7.94B

In 2022, Mexico exported $9.38B in Precious stones, metals, & pearls. The main destinations of Mexico exports on Precious stones, metals, & pearls were United States ($4.92B), Switzerland ($1.55B), United Kingdom ($1.49B), Canada ($343M), and Japan ($207M).

In 2022, Mexico imported $1.44B in Precious stones, metals, & pearls, mainly from United States ($773M), Italy ($172M), Turkey ($161M), China ($87.3M), and Spain ($77.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Switzerland$598M (63.2%)
Italy$124M (467%)
United Arab Emirates$101M (29.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Mexico WERE (2021 - 2022):
United States-$533M (-9.78%)
United Kingdom-$92.8M (-5.88%)
Singapore-$59.3M (-40.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Precious stones, metals, & pearls were:
In 2022, Mexico's main importing competitors in Precious stones, metals, & pearls were:

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $606M
TOP IMPORT POTENTIALUnited States+ $160M

Precious stones, metals, & pearls’s highest export potential is United States. With an export gap of $606M.   Precious stones, metals, & pearls’s highest import potential is United States with an import gap of $160M.

See methodology.

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