2023
Exports
$3.16MWorld Rnk 38 / 118
Flag Rnk 801 / 1189
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$90.8MWorld Rnk 8 / 169
Flag Rnk 487 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $3.16M in Iron Powder, making it the 38th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 801st most exported product in Mexico. The main destination of Iron Powder exports from Mexico are: United States ($3.01M), Costa Rica ($50.4k), Peru ($35.3k), Ecuador ($31.4k), and Guatemala ($26.1k).

The fastest growing export markets for Iron Powder of Mexico between 2022 and 2023 were Costa Rica ($37.3k), Peru ($19.8k), and Ecuador ($13.1k).

Imports In 2023, Mexico imported $90.8M in Iron Powder, becoming the 8th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 487th most imported product in Mexico. Mexico imports Iron Powder primarily from: United States ($56M), Canada ($10.2M), Japan ($5.69M), China ($5M), and Brazil ($4.58M).

The fastest growing import markets in Iron Powder for Mexico between 2022 and 2023 were Japan ($3.64M), United States ($2.4M), and Canada ($1.6M).

Latest Trends

Jan 2025

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 (2023)$3.16M
IMPORTS (2023)$90.8M
NET TRADE (2023)-$87.7M

In 2023, Mexico exported $3.16M in Iron Powder. The main destinations of Mexico exports on Iron Powder were United States ($3.01M), Costa Rica ($50.4k), Peru ($35.3k), Ecuador ($31.4k), and Guatemala ($26.1k).

In 2023, Mexico imported $90.8M in Iron Powder, mainly from United States ($56M), Canada ($10.2M), Japan ($5.69M), China ($5M), and Brazil ($4.58M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Costa Rica$37.3k (284%)
Peru$19.8k (128%)
Ecuador$13.1k (71.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Mexico WERE (2022 - 2023):
Indonesia-$2.7M (-100%)
United States-$35.3k (-1.16%)
Colombia-$28.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, 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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