2022
Exports
$4.53MWorld Rnk 11 / 120
Flag Rnk 760 / 1193
2022
PRODUCT COMPLEXITY IN Natural Cork Articles
-0.86Rnk 792 / 1025
2022
Imports
$39.9MWorld Rnk 5 / 201
Flag Rnk 666 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $4.53M in Natural Cork Articles, making it the 11th largest exporter of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 760th most exported product in Mexico. The main destination of Natural Cork Articles exports from Mexico are: United States ($3.8M), Canada ($311k), Portugal ($169k), Qatar ($128k), and Guatemala ($47.2k).

The fastest growing export markets for Natural Cork Articles of Mexico between 2021 and 2022 were United States ($2.67M), Portugal ($102k), and Canada ($95.5k).

Imports In 2022, Mexico imported $39.9M in Natural Cork Articles, becoming the 5th largest importer of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 666th most imported product in Mexico. Mexico imports Natural Cork Articles primarily from: Portugal ($29.3M), Spain ($5.3M), United States ($4.87M), Italy ($230k), and China ($71.6k).

The fastest growing import markets in Natural Cork Articles for Mexico between 2021 and 2022 were Spain ($2.58M), United States ($972k), and Italy ($64.4k).

Latest Trends

Jul 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 Natural Cork Articles. 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)$4.53M
IMPORTS (2022)$39.9M
NET TRADE (2022)-$35.3M

In 2022, Mexico exported $4.53M in Natural Cork Articles. The main destinations of Mexico exports on Natural Cork Articles were United States ($3.8M), Canada ($311k), Portugal ($169k), Qatar ($128k), and Guatemala ($47.2k).

In 2022, Mexico imported $39.9M in Natural Cork Articles, mainly from Portugal ($29.3M), Spain ($5.3M), United States ($4.87M), Italy ($230k), and China ($71.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural Cork Articles EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$2.67M (234%)
Portugal$102k (152%)
Canada$95.5k (44.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Cork Articles BY Mexico WERE (2021 - 2022):
Saudi Arabia-$21.9k (-100%)
Japan-$19.2k (-49.2%)
United Kingdom-$14.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Natural Cork Articles were:
In 2022, Mexico's main importing competitors in Natural Cork Articles were:

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Trade Value of Natural Cork Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.13M
TOP IMPORT POTENTIALItaly+ $207k

Natural Cork Articles’s highest export potential is United States. With an export gap of $1.13M.   Natural Cork Articles’s highest import potential is Italy with an import gap of $207k.

See methodology.

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