2023
Exports
$5.85BWorld Rnk 3 / 199
Flag Rnk 17 / 1189
falsefalse United States
2023
PRODUCT COMPLEXITY IN Hard Liquor
-0.58Rnk 730 / 1025
2023
Imports
$335MWorld Rnk 27 / 226
Flag Rnk 231 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $5.85B in Hard Liquor, making it the 3rd largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 17th most exported product in Mexico. The main destination of Hard Liquor exports from Mexico are: United States ($4.78B), Canada ($141M), United Kingdom ($98.1M), Spain ($97.5M), and Japan ($62.4M).

The fastest growing export markets for Hard Liquor of Mexico between 2022 and 2023 were Spain ($35.1M), Singapore ($33.3M), and Japan ($27.8M).

Imports In 2023, Mexico imported $335M in Hard Liquor, becoming the 27th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 231st most imported product in Mexico. Mexico imports Hard Liquor primarily from: United Kingdom ($175M), United States ($52.2M), Spain ($46.3M), France ($24.1M), and Guatemala ($6.4M).

COMPANIES In 2024, leading companies such as Busa Distribution Center (1.01k), Pernod Ricard (42), and Palm Bay International (3) were at the forefront of shipping Hard Liquor from Mexico to the United States.

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 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 (2023)$5.85B
IMPORTS (2023)$335M
NET TRADE (2023)$5.51B

In 2023, Mexico exported $5.85B in Hard Liquor. The main destinations of Mexico exports on Hard Liquor were United States ($4.78B), Canada ($141M), United Kingdom ($98.1M), Spain ($97.5M), and Japan ($62.4M).

In 2023, Mexico imported $335M in Hard Liquor, mainly from United Kingdom ($175M), United States ($52.2M), Spain ($46.3M), France ($24.1M), and Guatemala ($6.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Spain$35.1M (56.3%)
Singapore$33.3M (228%)
Japan$27.8M (80.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Mexico WERE (2022 - 2023):
United States-$260M (-5.16%)
Australia-$45.6M (-73%)
Canada-$9.88M (-6.55%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Hard Liquor were:
In 2023, 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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