2022
Exports
$787MWorld Rnk 7 / 200
Flag Rnk 101 / 1193
2022
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.74Rnk 767 / 1025
2022
Imports
$417MWorld Rnk 16 / 157
Flag Rnk 208 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $787M in Scrap Aluminium, making it the 7th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 101st most exported product in Mexico. The main destination of Scrap Aluminium exports from Mexico are: United States ($435M), Brazil ($203M), Greece ($42.3M), South Korea ($18M), and India ($14M).

The fastest growing export markets for Scrap Aluminium of Mexico between 2021 and 2022 were Brazil ($146M), United States ($46M), and Greece ($17.6M).

Imports In 2022, Mexico imported $417M in Scrap Aluminium, becoming the 16th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 208th most imported product in Mexico. Mexico imports Scrap Aluminium primarily from: United States ($409M), Canada ($1.7M), Spain ($1.65M), Ecuador ($953k), and Colombia ($721k).

The fastest growing import markets in Scrap Aluminium for Mexico between 2021 and 2022 were United States ($146M), Canada ($1.57M), and Guatemala ($627k).

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 Scrap Aluminium. 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)$787M
IMPORTS (2022)$417M
NET TRADE (2022)$371M

In 2022, Mexico exported $787M in Scrap Aluminium. The main destinations of Mexico exports on Scrap Aluminium were United States ($435M), Brazil ($203M), Greece ($42.3M), South Korea ($18M), and India ($14M).

In 2022, Mexico imported $417M in Scrap Aluminium, mainly from United States ($409M), Canada ($1.7M), Spain ($1.65M), Ecuador ($953k), and Colombia ($721k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Brazil$146M (258%)
United States$46M (11.8%)
Greece$17.6M (71.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Mexico WERE (2021 - 2022):
South Korea-$67.5M (-78.9%)
Chinese Taipei-$2.08M (-39%)
Saudi Arabia-$489k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Scrap Aluminium were:
In 2022, Mexico's main importing competitors in Scrap Aluminium were:

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $28.3M
TOP IMPORT POTENTIALCanada+ $2.5M

Scrap Aluminium’s highest export potential is India. With an export gap of $28.3M.   Scrap Aluminium’s highest import potential is Canada with an import gap of $2.5M.

See methodology.

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