2022
Exports
$1.8BWorld Rnk 5 / 209
Flag Rnk 57 / 1193
2022
PRODUCT COMPLEXITY IN Electrical Ignitions
0.62Rnk 310 / 1025
2022
Imports
$1.66BWorld Rnk 3 / 223
Flag Rnk 65 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $1.8B in Electrical Ignitions, making it the 5th largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 57th most exported product in Mexico. The main destination of Electrical Ignitions exports from Mexico are: United States ($1.56B), Canada ($76.3M), Australia ($17.7M), Singapore ($9.81M), and Japan ($9.47M).

The fastest growing export markets for Electrical Ignitions of Mexico between 2021 and 2022 were United States ($83.4M), United Kingdom ($5.24M), and Netherlands ($3.89M).

Imports In 2022, Mexico imported $1.66B in Electrical Ignitions, becoming the 3rd largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 65th most imported product in Mexico. Mexico imports Electrical Ignitions primarily from: United States ($794M), China ($283M), Japan ($195M), Germany ($75.4M), and South Korea ($54.9M).

The fastest growing import markets in Electrical Ignitions for Mexico between 2021 and 2022 were United States ($51.9M), China ($48.9M), and Malaysia ($14.9M).

COMPANIES In 2023, leading companies such as Ford Motor Company (3) and Robert Bosch (1) were at the forefront of shipping Electrical Ignitions 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 Electrical Ignitions. 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)$1.8B
IMPORTS (2022)$1.66B
NET TRADE (2022)$140M

In 2022, Mexico exported $1.8B in Electrical Ignitions. The main destinations of Mexico exports on Electrical Ignitions were United States ($1.56B), Canada ($76.3M), Australia ($17.7M), Singapore ($9.81M), and Japan ($9.47M).

In 2022, Mexico imported $1.66B in Electrical Ignitions, mainly from United States ($794M), China ($283M), Japan ($195M), Germany ($75.4M), and South Korea ($54.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$83.4M (5.64%)
United Kingdom$5.24M (1.19k%)
Netherlands$3.89M (11.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Mexico WERE (2021 - 2022):
Belgium-$5.67M (-69.2%)
Russia-$4.61M (-100%)
China-$3.89M (-31.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.5M
TOP IMPORT POTENTIALChina+ $23.4M

Electrical Ignitions’s highest export potential is Germany. With an export gap of $15.5M.   Electrical Ignitions’s highest import potential is China with an import gap of $23.4M.

See methodology.

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