2023
Exports
$351MWorld Rnk 30 / 212
Flag Rnk 180 / 1189
2023
PRODUCT COMPLEXITY IN Jewellery
-0.47Rnk 685 / 1025
2023
Imports
$902MWorld Rnk 24 / 216
Flag Rnk 110 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $351M in Jewellery, making it the 30th largest exporter of Jewellery in the world. At the same year, Jewellery was the 180th most exported product in Mexico. The main destination of Jewellery exports from Mexico are: United States ($263M), Canada ($27.6M), Dominican Republic ($21.2M), United Kingdom ($13.5M), and Switzerland ($11.8M).

The fastest growing export markets for Jewellery of Mexico between 2022 and 2023 were Dominican Republic ($21.2M), Switzerland ($9.18M), and Canada ($1.33M).

Imports In 2023, Mexico imported $902M in Jewellery, becoming the 24th largest importer of Jewellery in the world. At the same year, Jewellery was the 110th most imported product in Mexico. Mexico imports Jewellery primarily from: Italy ($228M), United States ($192M), Turkey ($184M), Thailand ($118M), and Spain ($40.8M).

The fastest growing import markets in Jewellery for Mexico between 2022 and 2023 were Thailand ($103M), Italy ($57.4M), and Turkey ($36.5M).

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 Jewellery. 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)$351M
IMPORTS (2023)$902M
NET TRADE (2023)-$551M

In 2023, Mexico exported $351M in Jewellery. The main destinations of Mexico exports on Jewellery were United States ($263M), Canada ($27.6M), Dominican Republic ($21.2M), United Kingdom ($13.5M), and Switzerland ($11.8M).

In 2023, Mexico imported $902M in Jewellery, mainly from Italy ($228M), United States ($192M), Turkey ($184M), Thailand ($118M), and Spain ($40.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Switzerland$9.18M (357%)
Canada$1.33M (5.07%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Mexico WERE (2022 - 2023):
United States-$57.8M (-18%)
United Kingdom-$1.37M (-9.2%)
Ireland-$841k (-29.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Jewellery were:
India $13.1B
Italy $12.4B
China $11.6B
In 2023, Mexico's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $131M
TOP IMPORT POTENTIALUnited States+ $58.9M

Jewellery’s highest export potential is United States. With an export gap of $131M.   Jewellery’s highest import potential is United States with an import gap of $58.9M.

See methodology.

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