2022
Exports
$5.53MWorld Rnk 36 / 105
Flag Rnk 738 / 1193
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$88.2MWorld Rnk 8 / 176
Flag Rnk 509 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $5.53M in Iron Powder, making it the 36th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 738th most exported product in Mexico. The main destination of Iron Powder exports from Mexico are: United States ($3.05M), Indonesia ($2.38M), Colombia ($25.6k), Guatemala ($23.6k), and Ecuador ($16.7k).

The fastest growing export markets for Iron Powder of Mexico between 2021 and 2022 were United States ($2.57M), Indonesia ($2.33M), and Ecuador ($7.85k).

Imports In 2022, Mexico imported $88.2M in Iron Powder, becoming the 8th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 509th most imported product in Mexico. Mexico imports Iron Powder primarily from: United States ($56.8M), Canada ($9.44M), China ($5.36M), Brazil ($4.78M), and Germany ($3.01M).

The fastest growing import markets in Iron Powder for Mexico between 2021 and 2022 were United States ($10.2M), Canada ($2.87M), and China ($2.44M).

Latest Trends

Oct 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 Powder. 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)$5.53M
IMPORTS (2022)$88.2M
NET TRADE (2022)-$82.6M

In 2022, Mexico exported $5.53M in Iron Powder. The main destinations of Mexico exports on Iron Powder were United States ($3.05M), Indonesia ($2.38M), Colombia ($25.6k), Guatemala ($23.6k), and Ecuador ($16.7k).

In 2022, Mexico imported $88.2M in Iron Powder, mainly from United States ($56.8M), Canada ($9.44M), China ($5.36M), Brazil ($4.78M), and Germany ($3.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$2.57M (538%)
Indonesia$2.33M (4.6k%)
Ecuador$7.85k (88.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Mexico WERE (2021 - 2022):
Guatemala-$9.31k (-28.3%)
Chile-$8.08k (-100%)
Nicaragua-$5.55k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Iron Powder were:
In 2022, Mexico's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.75M
TOP IMPORT POTENTIALChina+ $2.17M

Iron Powder’s highest export potential is United States. With an export gap of $1.75M.   Iron Powder’s highest import potential is China with an import gap of $2.17M.

See methodology.

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