2022
Exports
$898MWorld Rnk 11 / 214
Flag Rnk 90 / 1193
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.69Rnk 26 / 1025
2022
Imports
$761MWorld Rnk 18 / 225
Flag Rnk 134 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $898M in Chemical Analysis Instruments, making it the 11th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 90th most exported product in Mexico. The main destination of Chemical Analysis Instruments exports from Mexico are: United States ($561M), China ($91.7M), United Kingdom ($34.4M), France ($26M), and Canada ($18.9M).

The fastest growing export markets for Chemical Analysis Instruments of Mexico between 2021 and 2022 were United Kingdom ($13.4M), Germany ($11.9M), and Japan ($6.71M).

Imports In 2022, Mexico imported $761M in Chemical Analysis Instruments, becoming the 18th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 134th most imported product in Mexico. Mexico imports Chemical Analysis Instruments primarily from: United States ($433M), China ($87.8M), Germany ($87M), Japan ($22.4M), and United Kingdom ($17.9M).

The fastest growing import markets in Chemical Analysis Instruments for Mexico between 2021 and 2022 were United States ($37.3M), China ($14.5M), and Germany ($3.37M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (3) were at the forefront of shipping Chemical Analysis Instruments 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 Chemical Analysis Instruments. 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)$898M
IMPORTS (2022)$761M
NET TRADE (2022)$137M

In 2022, Mexico exported $898M in Chemical Analysis Instruments. The main destinations of Mexico exports on Chemical Analysis Instruments were United States ($561M), China ($91.7M), United Kingdom ($34.4M), France ($26M), and Canada ($18.9M).

In 2022, Mexico imported $761M in Chemical Analysis Instruments, mainly from United States ($433M), China ($87.8M), Germany ($87M), Japan ($22.4M), and United Kingdom ($17.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United Kingdom$13.4M (63.7%)
Germany$11.9M (252%)
Japan$6.71M (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Mexico WERE (2021 - 2022):
United States-$31M (-5.24%)
China-$14.3M (-13.5%)
France-$6.36M (-19.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Chemical Analysis Instruments were:
In 2022, Mexico's main importing competitors in Chemical Analysis Instruments were:

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $149M
TOP IMPORT POTENTIALUnited States+ $73.5M

Chemical Analysis Instruments’s highest export potential is United States. With an export gap of $149M.   Chemical Analysis Instruments’s highest import potential is United States with an import gap of $73.5M.

See methodology.

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