2022
Exports
$93.6MWorld Rnk 32 / 170
Flag Rnk 20 / 21
2022
PRODUCT COMPLEXITY IN Weapons
1.03Rnk 158 / 1025
2022
Imports
$47.2MWorld Rnk 50 / 206
Flag Rnk 21 / 21
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $93.6M in Weapons, making it the 32nd largest exporter of Weapons in the world. At the same year, Weapons was the 20th most exported product in Mexico. The main destination of Weapons exports from Mexico are: United States ($79.5M), Guatemala ($5.32M), Germany ($2.32M), Canada ($1.85M), and Peru ($1.08M).

The fastest growing export markets for Weapons of Mexico between 2021 and 2022 were Guatemala ($2.06M), Germany ($1.39M), and Canada ($1.35M).

Imports In 2022, Mexico imported $47.2M in Weapons, becoming the 50th largest importer of Weapons in the world. At the same year, Weapons was the 21st most imported product in Mexico. Mexico imports Weapons primarily from: United States ($37.7M), Spain ($1.94M), China ($1.71M), Czechia ($1.34M), and Italy ($1.07M).

The fastest growing import markets in Weapons for Mexico between 2021 and 2022 were United States ($1.29M), South Korea ($752k), and Czechia ($615k).

COMPANIES In 2023, leading companies such as Robert Bosch (9), Celebrity Cruises (3), and IKEA Group (1) were at the forefront of shipping Weapons from Mexico to the United States.

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 Weapons. 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)$93.6M
IMPORTS (2022)$47.2M
NET TRADE (2022)$46.4M

In 2022, Mexico exported $93.6M in Weapons. The main destinations of Mexico exports on Weapons were United States ($79.5M), Guatemala ($5.32M), Germany ($2.32M), Canada ($1.85M), and Peru ($1.08M).

In 2022, Mexico imported $47.2M in Weapons, mainly from United States ($37.7M), Spain ($1.94M), China ($1.71M), Czechia ($1.34M), and Italy ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Guatemala$2.06M (63%)
Germany$1.39M (150%)
Canada$1.35M (266%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons BY Mexico WERE (2021 - 2022):
United States-$9.65M (-10.8%)
Dominican Republic-$1.4M (-99.4%)
Honduras-$517k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.3M
TOP IMPORT POTENTIALUnited States+ $11.4M

Weapons’s highest export potential is United States. With an export gap of $24.3M.   Weapons’s highest import potential is United States with an import gap of $11.4M.

See methodology.

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