2022
Exports
$5.63MWorld Rnk 41 / 162
Flag Rnk 737 / 1193
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$5.88MWorld Rnk 37 / 185
Flag Rnk 968 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $5.63M in Precious Stones, making it the 41st largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 737th most exported product in Mexico. The main destination of Precious Stones exports from Mexico are: China ($1.56M), United States ($1.11M), Germany ($638k), India ($410k), and Thailand ($315k).

The fastest growing export markets for Precious Stones of Mexico between 2021 and 2022 were China ($748k), Germany ($285k), and Thailand ($269k).

Imports In 2022, Mexico imported $5.88M in Precious Stones, becoming the 37th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 968th most imported product in Mexico. Mexico imports Precious Stones primarily from: United States ($1.92M), Brazil ($1.14M), Peru ($854k), Canada ($615k), and Thailand ($505k).

The fastest growing import markets in Precious Stones for Mexico between 2021 and 2022 were United States ($1.03M), Peru ($854k), and Thailand ($304k).

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. 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)$5.63M
IMPORTS (2022)$5.88M
NET TRADE (2022)-$248k

In 2022, Mexico exported $5.63M in Precious Stones. The main destinations of Mexico exports on Precious Stones were China ($1.56M), United States ($1.11M), Germany ($638k), India ($410k), and Thailand ($315k).

In 2022, Mexico imported $5.88M in Precious Stones, mainly from United States ($1.92M), Brazil ($1.14M), Peru ($854k), Canada ($615k), and Thailand ($505k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
China$748k (92.3%)
Germany$285k (81.1%)
Thailand$269k (583%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Mexico WERE (2021 - 2022):
Italy-$169k (-95.5%)
United States-$42.4k (-3.67%)
Australia-$39.4k (-59.2%)

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 were:
In 2022, Mexico's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.33M
TOP IMPORT POTENTIALUnited States+ $1.37M

Precious Stones’s highest export potential is United States. With an export gap of $2.33M.   Precious Stones’s highest import potential is United States with an import gap of $1.37M.

See methodology.

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