2022
Exports
$1.95BWorld Rnk 8 / 222
Flag Rnk 52 / 1193
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$3.93BWorld Rnk 3 / 225
Flag Rnk 20 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $1.95B in Other Iron Products, making it the 8th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 52nd most exported product in Mexico. The main destination of Other Iron Products exports from Mexico are: United States ($1.73B), Canada ($82.4M), China ($23.4M), South Korea ($9.21M), and Japan ($8.76M).

The fastest growing export markets for Other Iron Products of Mexico between 2021 and 2022 were United States ($376M), Canada ($33M), and China ($18M).

Imports In 2022, Mexico imported $3.93B in Other Iron Products, becoming the 3rd largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 20th most imported product in Mexico. Mexico imports Other Iron Products primarily from: United States ($2.7B), China ($362M), South Korea ($247M), Germany ($125M), and Chinese Taipei ($69.6M).

The fastest growing import markets in Other Iron Products for Mexico between 2021 and 2022 were United States ($382M), China ($105M), and South Korea ($87.3M).

COMPANIES In 2023, leading companies such as Cosentino (1) were at the forefront of shipping Other Iron Products from Mexico to the United States.

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 Other Iron Products. 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)$1.95B
IMPORTS (2022)$3.93B
NET TRADE (2022)-$1.98B

In 2022, Mexico exported $1.95B in Other Iron Products. The main destinations of Mexico exports on Other Iron Products were United States ($1.73B), Canada ($82.4M), China ($23.4M), South Korea ($9.21M), and Japan ($8.76M).

In 2022, Mexico imported $3.93B in Other Iron Products, mainly from United States ($2.7B), China ($362M), South Korea ($247M), Germany ($125M), and Chinese Taipei ($69.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$376M (27.9%)
Canada$33M (66.8%)
China$18M (337%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Mexico WERE (2021 - 2022):
Australia-$3.66M (-99%)
Germany-$3.28M (-38.2%)
Peru-$1.52M (-38.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Other Iron Products were:
In 2022, Mexico's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $151M
TOP IMPORT POTENTIALChina+ $177M

Other Iron Products’s highest export potential is United States. With an export gap of $151M.   Other Iron Products’s highest import potential is China with an import gap of $177M.

See methodology.

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