2022
Exports | Imports
$831M | $155MWorld Rnk 5 / 176
Flag Rnk 97 / 1193
World Rnk 15 / 216
Flag Rnk 379 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 21 / 124
2022
PRODUCT COMPLEXITY IN Textile Processing Machines
1.23Rnk 98 / 1025

About

Exports In 2022, Mexico exported $831M in Textile Processing Machines, making it the 5th largest exporter of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 97th most exported product in Mexico. The main destination of Textile Processing Machines exports from Mexico are: United States ($717M), Canada ($90.5M), Ecuador ($5.38M), Panama ($3.18M), and Costa Rica ($2.23M).

The fastest growing export markets for Textile Processing Machines of Mexico between 2021 and 2022 were Canada ($13.6M), Panama ($2.88M), and Ecuador ($2.07M).

Imports In 2022, Mexico imported $155M in Textile Processing Machines, becoming the 15th largest importer of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 379th most imported product in Mexico. Mexico imports Textile Processing Machines primarily from: United States ($55.7M), China ($22.8M), Germany ($11.8M), South Korea ($11.8M), and Italy ($11.6M).

The fastest growing import markets in Textile Processing Machines for Mexico between 2021 and 2022 were China ($8.97M), Turkey ($4.81M), and Vietnam ($1.93M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (5.49k) and CELEBRITY CRUISES INC. (12) were at the forefront of shipping Textile Processing Machines from Mexico to the United States.

Latest Trends

Feb 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 Textile Processing Machines. 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)$831M
IMPORTS (2022)$155M
NET TRADE (2022)$676M

In 2022, Mexico exported $831M in Textile Processing Machines. The main destinations of Mexico exports on Textile Processing Machines were United States ($717M), Canada ($90.5M), Ecuador ($5.38M), Panama ($3.18M), and Costa Rica ($2.23M).

In 2022, Mexico imported $155M in Textile Processing Machines, mainly from United States ($55.7M), China ($22.8M), Germany ($11.8M), South Korea ($11.8M), and Italy ($11.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Processing Machines EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Canada$13.6M (17.7%)
Panama$2.88M (977%)
Ecuador$2.07M (62.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Processing Machines BY Mexico WERE (2021 - 2022):
United States-$59.7M (-7.69%)
Honduras-$538k (-100%)
Chile-$387k (-48%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Textile Processing Machines were:
In 2022, Mexico's main importing competitors in Textile Processing Machines were:

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Trade Value of Textile Processing Machines by Exporters

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