2022
Exports
$86MWorld Rnk 3 / 182
Flag Rnk 351 / 1193
2022
PRODUCT COMPLEXITY IN Letter Stock
0.28Rnk 459 / 1025
2022
Imports
$11MWorld Rnk 21 / 221
Flag Rnk 868 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $86M in Letter Stock, making it the 3rd largest exporter of Letter Stock in the world. At the same year, Letter Stock was the 351st most exported product in Mexico. The main destination of Letter Stock exports from Mexico are: United States ($83.8M), Canada ($1.85M), Colombia ($78.5k), Guatemala ($39.1k), and Argentina ($33.8k).

The fastest growing export markets for Letter Stock of Mexico between 2021 and 2022 were United States ($9.58M), Colombia ($67.3k), and Argentina ($24.1k).

Imports In 2022, Mexico imported $11M in Letter Stock, becoming the 21st largest importer of Letter Stock in the world. At the same year, Letter Stock was the 868th most imported product in Mexico. Mexico imports Letter Stock primarily from: United States ($8.77M), China ($1.8M), Spain ($184k), Italy ($51.3k), and France ($49.7k).

The fastest growing import markets in Letter Stock for Mexico between 2021 and 2022 were China ($623k), Spain ($37.6k), and Germany ($24.1k).

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 Letter Stock. 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)$86M
IMPORTS (2022)$11M
NET TRADE (2022)$75M

In 2022, Mexico exported $86M in Letter Stock. The main destinations of Mexico exports on Letter Stock were United States ($83.8M), Canada ($1.85M), Colombia ($78.5k), Guatemala ($39.1k), and Argentina ($33.8k).

In 2022, Mexico imported $11M in Letter Stock, mainly from United States ($8.77M), China ($1.8M), Spain ($184k), Italy ($51.3k), and France ($49.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Letter Stock EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$9.58M (12.9%)
Colombia$67.3k (599%)
Argentina$24.1k (248%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Letter Stock BY Mexico WERE (2021 - 2022):
Canada-$843k (-31.3%)
Netherlands-$123k (-98.6%)
Guatemala-$101k (-72.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Letter Stock were:
China $308M
In 2022, Mexico's main importing competitors in Letter Stock were:

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Trade Value of Letter Stock by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $918k
TOP IMPORT POTENTIALChina+ $783k

Letter Stock’s highest export potential is Canada. With an export gap of $918k.   Letter Stock’s highest import potential is China with an import gap of $783k.

See methodology.

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