2022
Exports
$8.35MWorld Rnk 22 / 160
Flag Rnk 683 / 1193
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$81.4MWorld Rnk 7 / 212
Flag Rnk 537 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $8.35M in Metalworking Machines, making it the 22nd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 683rd most exported product in Mexico. The main destination of Metalworking Machines exports from Mexico are: United States ($6.42M), Canada ($592k), United Arab Emirates ($232k), Singapore ($130k), and India ($125k).

The fastest growing export markets for Metalworking Machines of Mexico between 2021 and 2022 were India ($125k), Colombia ($97.4k), and Peru ($64.7k).

Imports In 2022, Mexico imported $81.4M in Metalworking Machines, becoming the 7th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 537th most imported product in Mexico. Mexico imports Metalworking Machines primarily from: United States ($24.6M), Germany ($16.1M), China ($11.7M), Switzerland ($7.2M), and Brazil ($7.15M).

The fastest growing import markets in Metalworking Machines for Mexico between 2021 and 2022 were Brazil ($6.96M), Japan ($3.09M), and United States ($2.75M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Metalworking Machines from Mexico to the United States.

Latest Trends

Sep 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 Metalworking 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 (2022)$8.35M
IMPORTS (2022)$81.4M
NET TRADE (2022)-$73.1M

In 2022, Mexico exported $8.35M in Metalworking Machines. The main destinations of Mexico exports on Metalworking Machines were United States ($6.42M), Canada ($592k), United Arab Emirates ($232k), Singapore ($130k), and India ($125k).

In 2022, Mexico imported $81.4M in Metalworking Machines, mainly from United States ($24.6M), Germany ($16.1M), China ($11.7M), Switzerland ($7.2M), and Brazil ($7.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
India$125k (1%)
Colombia$97.4k (727%)
Peru$64.7k (542%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Mexico WERE (2021 - 2022):
United States-$5.41M (-45.8%)
Germany-$1M (-92.6%)
Chile-$271k (-96.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Metalworking Machines were:
In 2022, Mexico's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.57M
TOP IMPORT POTENTIALChina+ $2.31M

Metalworking Machines’s highest export potential is United States. With an export gap of $1.57M.   Metalworking Machines’s highest import potential is China with an import gap of $2.31M.

See methodology.

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