2022
Exports
$73.6MWorld Rnk 36 / 210
Flag Rnk 371 / 1193
2022
PRODUCT COMPLEXITY IN Rubber Footwear
-1.24Rnk 887 / 1025
2022
Imports
$502MWorld Rnk 27 / 222
Flag Rnk 186 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $73.6M in Rubber Footwear, making it the 36th largest exporter of Rubber Footwear in the world. At the same year, Rubber Footwear was the 371st most exported product in Mexico. The main destination of Rubber Footwear exports from Mexico are: United States ($58.4M), Guatemala ($3.98M), El Salvador ($1.89M), Canada ($1.42M), and Panama ($1.1M).

The fastest growing export markets for Rubber Footwear of Mexico between 2021 and 2022 were United States ($13.2M), Panama ($1.01M), and Guatemala ($687k).

Imports In 2022, Mexico imported $502M in Rubber Footwear, becoming the 27th largest importer of Rubber Footwear in the world. At the same year, Rubber Footwear was the 186th most imported product in Mexico. Mexico imports Rubber Footwear primarily from: China ($292M), Vietnam ($78.7M), Indonesia ($39.7M), Cambodia ($17.4M), and Brazil ($15.2M).

The fastest growing import markets in Rubber Footwear for Mexico between 2021 and 2022 were China ($121M), Vietnam ($25.7M), and Indonesia ($19.7M).

COMPANIES In 2023, leading companies such as LG Electronics (1) were at the forefront of shipping Rubber Footwear 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 Rubber Footwear. 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)$73.6M
IMPORTS (2022)$502M
NET TRADE (2022)-$428M

In 2022, Mexico exported $73.6M in Rubber Footwear. The main destinations of Mexico exports on Rubber Footwear were United States ($58.4M), Guatemala ($3.98M), El Salvador ($1.89M), Canada ($1.42M), and Panama ($1.1M).

In 2022, Mexico imported $502M in Rubber Footwear, mainly from China ($292M), Vietnam ($78.7M), Indonesia ($39.7M), Cambodia ($17.4M), and Brazil ($15.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Footwear EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$13.2M (29.2%)
Panama$1.01M (1.06k%)
Guatemala$687k (20.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Footwear BY Mexico WERE (2021 - 2022):
Cuba-$237k (-60.2%)
Hong Kong-$99.2k (-87.3%)
South Korea-$86.4k (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Rubber Footwear were:
China $27.4B
Vietnam $4.69B
In 2022, Mexico's main importing competitors in Rubber Footwear were:

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Trade Value of Rubber Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32.6M
TOP IMPORT POTENTIALChina+ $54.5M

Rubber Footwear’s highest export potential is United States. With an export gap of $32.6M.   Rubber Footwear’s highest import potential is China with an import gap of $54.5M.

See methodology.

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