2022
Exports
$56.1MWorld Rnk 20 / 207
Flag Rnk 424 / 1193
2022
PRODUCT COMPLEXITY IN Iron Housewares
-0.78Rnk 776 / 1025
2022
Imports
$237MWorld Rnk 23 / 223
Flag Rnk 295 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $56.1M in Iron Housewares, making it the 20th largest exporter of Iron Housewares in the world. At the same year, Iron Housewares was the 424th most exported product in Mexico. The main destination of Iron Housewares exports from Mexico are: United States ($43.7M), Guatemala ($4.7M), Canada ($1.98M), Honduras ($1.59M), and France ($867k).

The fastest growing export markets for Iron Housewares of Mexico between 2021 and 2022 were France ($568k), Guatemala ($538k), and Germany ($213k).

Imports In 2022, Mexico imported $237M in Iron Housewares, becoming the 23rd largest importer of Iron Housewares in the world. At the same year, Iron Housewares was the 295th most imported product in Mexico. Mexico imports Iron Housewares primarily from: China ($170M), United States ($32.4M), Italy ($11.7M), India ($8.12M), and Spain ($2.82M).

The fastest growing import markets in Iron Housewares for Mexico between 2021 and 2022 were China ($11M), United States ($9.52M), and Chinese Taipei ($922k).

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 Iron Housewares. 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)$56.1M
IMPORTS (2022)$237M
NET TRADE (2022)-$181M

In 2022, Mexico exported $56.1M in Iron Housewares. The main destinations of Mexico exports on Iron Housewares were United States ($43.7M), Guatemala ($4.7M), Canada ($1.98M), Honduras ($1.59M), and France ($867k).

In 2022, Mexico imported $237M in Iron Housewares, mainly from China ($170M), United States ($32.4M), Italy ($11.7M), India ($8.12M), and Spain ($2.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Housewares EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
France$568k (190%)
Guatemala$538k (12.9%)
Germany$213k (1.23k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Housewares BY Mexico WERE (2021 - 2022):
United States-$914k (-2.05%)
Honduras-$550k (-25.7%)
Chile-$285k (-60.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Iron Housewares were:
China $12.2B
India $744M
In 2022, Mexico's main importing competitors in Iron Housewares were:

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Trade Value of Iron Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.4M
TOP IMPORT POTENTIALIndia+ $5.91M

Iron Housewares’s highest export potential is United States. With an export gap of $21.4M.   Iron Housewares’s highest import potential is India with an import gap of $5.91M.

See methodology.

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