2022
Exports
$7.06BWorld Rnk 2 / 213
Flag Rnk 11 / 1193
2022
PRODUCT COMPLEXITY IN Refrigerators
0.56Rnk 339 / 1025
2022
Imports
$1.27BWorld Rnk 12 / 224
Flag Rnk 86 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $7.06B in Refrigerators, making it the 2nd largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 11th most exported product in Mexico. The main destination of Refrigerators exports from Mexico are: United States ($6.22B), Canada ($278M), Panama ($74.2M), Colombia ($60.6M), and Guatemala ($54.3M).

The fastest growing export markets for Refrigerators of Mexico between 2021 and 2022 were United States ($1.04B), United Arab Emirates ($12.9M), and Dominican Republic ($7.74M).

Imports In 2022, Mexico imported $1.27B in Refrigerators, becoming the 12th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 86th most imported product in Mexico. Mexico imports Refrigerators primarily from: United States ($615M), China ($358M), South Korea ($161M), Spain ($19.8M), and Italy ($19.1M).

The fastest growing import markets in Refrigerators for Mexico between 2021 and 2022 were United States ($182M), China ($52.4M), and Vietnam ($4.2M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTORNICS AMERICA, INC. (1.06k), LG ELECTRONICS USA (47), and JOHN DEERE COMMERCIAL PRODUCTS (1) were at the forefront of shipping Refrigerators from Mexico to the United States.

Latest Trends

Mar 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 Refrigerators. 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)$7.06B
IMPORTS (2022)$1.27B
NET TRADE (2022)$5.8B

In 2022, Mexico exported $7.06B in Refrigerators. The main destinations of Mexico exports on Refrigerators were United States ($6.22B), Canada ($278M), Panama ($74.2M), Colombia ($60.6M), and Guatemala ($54.3M).

In 2022, Mexico imported $1.27B in Refrigerators, mainly from United States ($615M), China ($358M), South Korea ($161M), Spain ($19.8M), and Italy ($19.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$1.04B (20%)
United Arab Emirates$12.9M (88.7%)
Dominican Republic$7.74M (76.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Mexico WERE (2021 - 2022):
Canada-$228M (-45.1%)
Costa Rica-$16.2M (-41.2%)
Chile-$13.6M (-34.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Refrigerators were:
China $16.7B
Italy $4.21B
In 2022, Mexico's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

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