2022
Exports
$4.86BWorld Rnk 3 / 203
Flag Rnk 19 / 1193
2022
PRODUCT COMPLEXITY IN Hard Liquor
-0.52Rnk 708 / 1025
2022
Imports
$374MWorld Rnk 23 / 224
Flag Rnk 224 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $4.86B in Hard Liquor, making it the 3rd largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 19th most exported product in Mexico. The main destination of Hard Liquor exports from Mexico are: United States ($4.17B), Canada ($94.6M), United Kingdom ($60.7M), Spain ($58.2M), and Colombia ($50.6M).

The fastest growing export markets for Hard Liquor of Mexico between 2021 and 2022 were United States ($928M), Italy ($36.4M), and Spain ($33.7M).

Imports In 2022, Mexico imported $374M in Hard Liquor, becoming the 23rd largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 224th most imported product in Mexico. Mexico imports Hard Liquor primarily from: United Kingdom ($183M), United States ($66M), Spain ($54.3M), France ($19.7M), and Ireland ($8.28M).

The fastest growing import markets in Hard Liquor for Mexico between 2021 and 2022 were United Kingdom ($23.6M), United States ($15.2M), and Spain ($9.66M).

COMPANIES In 2023, leading companies such as Busa Distribution Center (1.47k), Pernod Ricard (54), and Palm Bay International (12) were at the forefront of shipping Hard Liquor from Mexico to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Hard Liquor. 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)$4.86B
IMPORTS (2022)$374M
NET TRADE (2022)$4.49B

In 2022, Mexico exported $4.86B in Hard Liquor. The main destinations of Mexico exports on Hard Liquor were United States ($4.17B), Canada ($94.6M), United Kingdom ($60.7M), Spain ($58.2M), and Colombia ($50.6M).

In 2022, Mexico imported $374M in Hard Liquor, mainly from United Kingdom ($183M), United States ($66M), Spain ($54.3M), France ($19.7M), and Ireland ($8.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$928M (28.6%)
Italy$36.4M (775%)
Spain$33.7M (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Mexico WERE (2021 - 2022):
Russia-$6.34M (-89.3%)
Belarus-$1.06M (-100%)
Ireland-$885k (-50.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Hard Liquor were:
In 2022, Mexico's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $38.8M
TOP IMPORT POTENTIALUnited States+ $27.6M

Hard Liquor’s highest export potential is Germany. With an export gap of $38.8M.   Hard Liquor’s highest import potential is United States with an import gap of $27.6M.

See methodology.

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