2022
Exports
$60.7MWorld Rnk 39 / 169
Flag Rnk 408 / 1193
2022
PRODUCT COMPLEXITY IN Cheese
-0.14Rnk 591 / 1025
2022
Imports
$732MWorld Rnk 14 / 223
Flag Rnk 137 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $60.7M in Cheese, making it the 39th largest exporter of Cheese in the world. At the same year, Cheese was the 408th most exported product in Mexico. The main destination of Cheese exports from Mexico are: United States ($36M), Chile ($16.2M), Peru ($2.99M), Guatemala ($2.71M), and Panama ($1.28M).

The fastest growing export markets for Cheese of Mexico between 2021 and 2022 were United States ($15.4M), Chile ($2.97M), and Panama ($1.28M).

Imports In 2022, Mexico imported $732M in Cheese, becoming the 14th largest importer of Cheese in the world. At the same year, Cheese was the 137th most imported product in Mexico. Mexico imports Cheese primarily from: United States ($590M), Netherlands ($49.7M), New Zealand ($22.1M), Uruguay ($21.7M), and Chile ($18.5M).

The fastest growing import markets in Cheese for Mexico between 2021 and 2022 were United States ($134M), Netherlands ($8.31M), and New Zealand ($7.35M).

COMPANIES In 2023, leading companies such as Goya Foods (6) were at the forefront of shipping Cheese 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 Cheese. 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)$60.7M
IMPORTS (2022)$732M
NET TRADE (2022)-$672M

In 2022, Mexico exported $60.7M in Cheese. The main destinations of Mexico exports on Cheese were United States ($36M), Chile ($16.2M), Peru ($2.99M), Guatemala ($2.71M), and Panama ($1.28M).

In 2022, Mexico imported $732M in Cheese, mainly from United States ($590M), Netherlands ($49.7M), New Zealand ($22.1M), Uruguay ($21.7M), and Chile ($18.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$15.4M (74.6%)
Chile$2.97M (22.4%)
Panama$1.28M (257k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Mexico WERE (2021 - 2022):
Guatemala-$568k (-17.3%)
Canada-$100k (-45.2%)
Nicaragua-$40.1k (-42.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Cheese were:
In 2022, Mexico's main importing competitors in Cheese were:
Germany $5.19B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.4M
TOP IMPORT POTENTIALNetherlands+ $17.3M

Cheese’s highest export potential is United States. With an export gap of $17.4M.   Cheese’s highest import potential is Netherlands with an import gap of $17.3M.

See methodology.

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