2022
Exports
$49.5MWorld Rnk 22 / 188
Flag Rnk 437 / 1193
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$238MWorld Rnk 4 / 222
Flag Rnk 294 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $49.5M in Iron Chains, making it the 22nd largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 437th most exported product in Mexico. The main destination of Iron Chains exports from Mexico are: United States ($26.8M), Japan ($12.3M), Austria ($6.5M), Canada ($1.02M), and Colombia ($381k).

The fastest growing export markets for Iron Chains of Mexico between 2021 and 2022 were United States ($1.52M), Canada ($578k), and Austria ($315k).

Imports In 2022, Mexico imported $238M in Iron Chains, becoming the 4th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 294th most imported product in Mexico. Mexico imports Iron Chains primarily from: United States ($127M), China ($54.1M), Germany ($17.2M), Japan ($10.6M), and Austria ($5.7M).

The fastest growing import markets in Iron Chains for Mexico between 2021 and 2022 were United States ($25.1M), China ($12.4M), and South Korea ($4.1M).

COMPANIES In 2023, leading companies such as Nissan (5) and ZF Friedrichshafen (1) were at the forefront of shipping Iron Chains from Mexico to the United States.

Latest Trends

Sep 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 Iron Chains. 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)$49.5M
IMPORTS (2022)$238M
NET TRADE (2022)-$188M

In 2022, Mexico exported $49.5M in Iron Chains. The main destinations of Mexico exports on Iron Chains were United States ($26.8M), Japan ($12.3M), Austria ($6.5M), Canada ($1.02M), and Colombia ($381k).

In 2022, Mexico imported $238M in Iron Chains, mainly from United States ($127M), China ($54.1M), Germany ($17.2M), Japan ($10.6M), and Austria ($5.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$1.52M (6%)
Canada$578k (129%)
Austria$315k (5.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Mexico WERE (2021 - 2022):
Japan-$6.7M (-35.3%)
Guatemala-$284k (-47.2%)
United Kingdom-$168k (-96.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, Mexico's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.5M
TOP IMPORT POTENTIALChina+ $11.3M

Iron Chains’s highest export potential is United States. With an export gap of $10.5M.   Iron Chains’s highest import potential is China with an import gap of $11.3M.

See methodology.

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