2022
Exports
$37MWorld Rnk 33 / 167
Flag Rnk 482 / 1193
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2022
Imports
$51.4MWorld Rnk 42 / 207
Flag Rnk 618 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $37M in Footwear Parts, making it the 33rd largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 482nd most exported product in Mexico. The main destination of Footwear Parts exports from Mexico are: United States ($28.9M), El Salvador ($2.49M), Dominican Republic ($1.41M), Canada ($1.06M), and Guatemala ($807k).

The fastest growing export markets for Footwear Parts of Mexico between 2021 and 2022 were United States ($3.53M), Dominican Republic ($984k), and El Salvador ($966k).

Imports In 2022, Mexico imported $51.4M in Footwear Parts, becoming the 42nd largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 618th most imported product in Mexico. Mexico imports Footwear Parts primarily from: China ($33.4M), United States ($13.1M), Hong Kong ($1.37M), South Korea ($1.25M), and Italy ($902k).

The fastest growing import markets in Footwear Parts for Mexico between 2021 and 2022 were China ($1.43M), Hong Kong ($823k), and South Korea ($279k).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (2) and Nissan (1) were at the forefront of shipping Footwear Parts 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 Footwear Parts. 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)$37M
IMPORTS (2022)$51.4M
NET TRADE (2022)-$14.3M

In 2022, Mexico exported $37M in Footwear Parts. The main destinations of Mexico exports on Footwear Parts were United States ($28.9M), El Salvador ($2.49M), Dominican Republic ($1.41M), Canada ($1.06M), and Guatemala ($807k).

In 2022, Mexico imported $51.4M in Footwear Parts, mainly from China ($33.4M), United States ($13.1M), Hong Kong ($1.37M), South Korea ($1.25M), and Italy ($902k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$3.53M (13.9%)
Dominican Republic$984k (231%)
El Salvador$966k (63.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Mexico WERE (2021 - 2022):
Spain-$669k (-98%)
Cuba-$539k (-42.2%)
Colombia-$268k (-45.6%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Footwear Parts were:
China $4.26B
Italy $811M
In 2022, Mexico's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.74M
TOP IMPORT POTENTIALChina+ $6.45M

Footwear Parts’s highest export potential is United States. With an export gap of $4.74M.   Footwear Parts’s highest import potential is China with an import gap of $6.45M.

See methodology.

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