2023
Exports
$1.92MWorld Rnk 42 / 161
Flag Rnk 854 / 1189
2023
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.61Rnk 32 / 1025
2023
Imports
$113MWorld Rnk 7 / 210
Flag Rnk 438 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $1.92M in Metal Finishing Machines, making it the 42nd largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 854th most exported product in Mexico. The main destination of Metal Finishing Machines exports from Mexico are: United States ($672k), Australia ($583k), Germany ($163k), Hungary ($95.2k), and Italy ($94.6k).

The fastest growing export markets for Metal Finishing Machines of Mexico between 2022 and 2023 were Australia ($583k), United States ($302k), and Costa Rica ($79.6k).

Imports In 2023, Mexico imported $113M in Metal Finishing Machines, becoming the 7th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 438th most imported product in Mexico. Mexico imports Metal Finishing Machines primarily from: United States ($33.4M), Japan ($21.8M), Germany ($12.2M), China ($11.9M), and Italy ($7.56M).

The fastest growing import markets in Metal Finishing Machines for Mexico between 2022 and 2023 were Japan ($6.31M), Sweden ($4.32M), and Italy ($3.76M).

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 Metal Finishing Machines. 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)$1.92M
IMPORTS (2023)$113M
NET TRADE (2023)-$111M

In 2023, Mexico exported $1.92M in Metal Finishing Machines. The main destinations of Mexico exports on Metal Finishing Machines were United States ($672k), Australia ($583k), Germany ($163k), Hungary ($95.2k), and Italy ($94.6k).

In 2023, Mexico imported $113M in Metal Finishing Machines, mainly from United States ($33.4M), Japan ($21.8M), Germany ($12.2M), China ($11.9M), and Italy ($7.56M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Australia$583k (1%)
United States$302k (81.4%)
Costa Rica$79.6k (957%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Mexico WERE (2022 - 2023):
Hungary-$1.29M (-93.1%)
Germany-$1.06M (-86.7%)
Canada-$167k (-95.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Metal Finishing Machines were:
In 2023, Mexico's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $767k
TOP IMPORT POTENTIALChina+ $2.68M

Metal Finishing Machines’s highest export potential is United States. With an export gap of $767k.   Metal Finishing Machines’s highest import potential is China with an import gap of $2.68M.

See methodology.

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