2022
Exports
$39.2MWorld Rnk 24 / 91
Flag Rnk 474 / 1193
2022
PRODUCT COMPLEXITY IN Steel Bars
0.58Rnk 331 / 1025
2022
Imports
$84.6MWorld Rnk 15 / 169
Flag Rnk 528 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $39.2M in Steel Bars, making it the 24th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 474th most exported product in Mexico. The main destination of Steel Bars exports from Mexico are: Colombia ($22.3M), United States ($7.52M), Nicaragua ($4.63M), Costa Rica ($3.73M), and Dominican Republic ($711k).

The fastest growing export markets for Steel Bars of Mexico between 2021 and 2022 were Colombia ($11.9M), United States ($4.7M), and Costa Rica ($3.73M).

Imports In 2018, Mexico imported $84.6M in Steel Bars, becoming the 15th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 528th most imported product in Mexico. Mexico imports Steel Bars primarily from: Germany ($33.9M), Japan ($28.9M), South Korea ($12.9M), United States ($5.19M), and Czechia ($1.43M).

The fastest growing import markets in Steel Bars for Mexico between 2021 and 2022 were Japan ($6.05M), Czechia ($1.43M), and South Korea ($890k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Steel Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$39.2M
IMPORTS (2022)$84.6M
NET TRADE (2022)-$45.4M

In 2022, Mexico exported $39.2M in Steel Bars. The main destinations of Mexico exports on Steel Bars were Colombia ($22.3M), United States ($7.52M), Nicaragua ($4.63M), Costa Rica ($3.73M), and Dominican Republic ($711k).

In 2022, Mexico imported $84.6M in Steel Bars, mainly from Germany ($33.9M), Japan ($28.9M), South Korea ($12.9M), United States ($5.19M), and Czechia ($1.43M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Colombia$11.9M (115%)
United States$4.7M (166%)
Costa Rica$3.73M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Mexico WERE (2021 - 2022):
Argentina-$1.13M (-96.9%)
Canada-$781k (-99.9%)
Peru-$659k (-75.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mexico's main exporting competitors in Steel Bars were:
In 2022, Mexico's main importing competitors in Steel Bars were:

Explore Visualizations

Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.29M
TOP IMPORT POTENTIALUnited States+ $1.76M

Steel Bars’s highest export potential is United States. With an export gap of $7.29M.   Steel Bars’s highest import potential is United States with an import gap of $1.76M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with