2023
Exports
$138MWorld Rnk 10 / 205
Flag Rnk 289 / 1189
2023
PRODUCT COMPLEXITY IN Gaskets
1.46Rnk 51 / 1025
2023
Imports
$237MWorld Rnk 4 / 224
Flag Rnk 286 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $138M in Gaskets, making it the 10th largest exporter of Gaskets in the world. At the same year, Gaskets was the 289th most exported product in Mexico. The main destination of Gaskets exports from Mexico are: United States ($99M), China ($8.76M), Canada ($6.05M), United Arab Emirates ($2.35M), and Japan ($2.04M).

The fastest growing export markets for Gaskets of Mexico between 2022 and 2023 were United States ($12.3M), China ($2.24M), and Canada ($2.02M).

Imports In 2023, Mexico imported $237M in Gaskets, becoming the 4th largest importer of Gaskets in the world. At the same year, Gaskets was the 286th most imported product in Mexico. Mexico imports Gaskets primarily from: United States ($121M), China ($26.4M), Germany ($18.6M), Chinese Taipei ($13.4M), and Japan ($12.1M).

The fastest growing import markets in Gaskets for Mexico between 2022 and 2023 were United States ($10.7M), China ($4.88M), and Germany ($4.88M).

Latest Trends

Dec 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 Gaskets. 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 (2023)$138M
IMPORTS (2023)$237M
NET TRADE (2023)-$98.3M

In 2023, Mexico exported $138M in Gaskets. The main destinations of Mexico exports on Gaskets were United States ($99M), China ($8.76M), Canada ($6.05M), United Arab Emirates ($2.35M), and Japan ($2.04M).

In 2023, Mexico imported $237M in Gaskets, mainly from United States ($121M), China ($26.4M), Germany ($18.6M), Chinese Taipei ($13.4M), and Japan ($12.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$12.3M (14.2%)
China$2.24M (34.3%)
Canada$2.02M (50%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Mexico WERE (2022 - 2023):
South Korea-$1.62M (-96.7%)
Italy-$546k (-35.3%)
Indonesia-$427k (-55.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Gaskets were:
In 2023, Mexico's main importing competitors in Gaskets were:

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.7M
TOP IMPORT POTENTIALChina+ $6.93M

Gaskets’s highest export potential is United States. With an export gap of $10.7M.   Gaskets’s highest import potential is China with an import gap of $6.93M.

See methodology.

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