2022
Exports
$3.12BWorld Rnk 9 / 218
Flag Rnk 17 / 96
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$744MWorld Rnk 30 / 226
Flag Rnk 61 / 96
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $3.12B in Preparations of cereals, flour, starch or milk, making it the 9th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 17th most exported product in Mexico. The main destination of Preparations of cereals, flour, starch or milk exports from Mexico are: United States ($2.54B), Guatemala ($93.1M), Canada ($77.9M), Honduras ($42.8M), and Colombia ($39.9M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Mexico between 2021 and 2022 were United States ($498M), Guatemala ($26M), and Canada ($17.5M).

Imports In 2022, Mexico imported $744M in Preparations of cereals, flour, starch or milk, becoming the 30th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 61st most imported product in Mexico. Mexico imports Preparations of cereals, flour, starch or milk primarily from: United States ($496M), Canada ($49.4M), Netherlands ($25.9M), Italy ($24.2M), and Spain ($20.8M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Mexico between 2021 and 2022 were United States ($56.6M), Canada ($29.7M), and Argentina ($11.8M).

COMPANIES In 2023, leading companies such as Goya Foods (6) and Ford Motor Company (1) were at the forefront of shipping Preparations of cereals, flour, starch or milk 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 Preparations of cereals, flour, starch or milk. 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)$3.12B
IMPORTS (2022)$744M
NET TRADE (2022)$2.38B

In 2022, Mexico exported $3.12B in Preparations of cereals, flour, starch or milk. The main destinations of Mexico exports on Preparations of cereals, flour, starch or milk were United States ($2.54B), Guatemala ($93.1M), Canada ($77.9M), Honduras ($42.8M), and Colombia ($39.9M).

In 2022, Mexico imported $744M in Preparations of cereals, flour, starch or milk, mainly from United States ($496M), Canada ($49.4M), Netherlands ($25.9M), Italy ($24.2M), and Spain ($20.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$498M (24.4%)
Guatemala$26M (38.8%)
Canada$17.5M (29.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Mexico WERE (2021 - 2022):
Dominican Republic-$29.7M (-67.6%)
Ecuador-$6.89M (-42%)
Cameroon-$5.79M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Mexico's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $110M
TOP IMPORT POTENTIALCanada+ $23M

Preparations of cereals, flour, starch or milk’s highest export potential is United States. With an export gap of $110M.   Preparations of cereals, flour, starch or milk’s highest import potential is Canada with an import gap of $23M.

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