2022
Exports
$1.43BWorld Rnk 25 / 217
Flag Rnk 61 / 1193
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$3.08BWorld Rnk 26 / 224
Flag Rnk 30 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $1.43B in Packaged Medicaments, making it the 25th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 61st most exported product in Mexico. The main destination of Packaged Medicaments exports from Mexico are: United States ($547M), Colombia ($105M), Panama ($100M), Canada ($96.4M), and Brazil ($72.6M).

The fastest growing export markets for Packaged Medicaments of Mexico between 2021 and 2022 were United States ($186M), Canada ($26.5M), and Nicaragua ($14.8M).

Imports In 2022, Mexico imported $3.08B in Packaged Medicaments, becoming the 26th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 30th most imported product in Mexico. Mexico imports Packaged Medicaments primarily from: United States ($820M), Germany ($502M), Switzerland ($256M), Italy ($217M), and France ($212M).

The fastest growing import markets in Packaged Medicaments for Mexico between 2021 and 2022 were Italy ($146M), India ($44.9M), and United Kingdom ($41.1M).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.43B
IMPORTS (2022)$3.08B
NET TRADE (2022)-$1.66B

In 2022, Mexico exported $1.43B in Packaged Medicaments. The main destinations of Mexico exports on Packaged Medicaments were United States ($547M), Colombia ($105M), Panama ($100M), Canada ($96.4M), and Brazil ($72.6M).

In 2022, Mexico imported $3.08B in Packaged Medicaments, mainly from United States ($820M), Germany ($502M), Switzerland ($256M), Italy ($217M), and France ($212M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$186M (51.5%)
Canada$26.5M (37.9%)
Nicaragua$14.8M (75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Mexico WERE (2021 - 2022):
Panama-$17.3M (-14.7%)
Honduras-$8.81M (-34.6%)
Peru-$7.35M (-17.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mexico's main exporting competitors in Packaged Medicaments were:
In 2022, Mexico's main importing competitors in Packaged Medicaments were:

Explore Visualizations

Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $516M
TOP IMPORT POTENTIALUnited States+ $370M

Packaged Medicaments’s highest export potential is United States. With an export gap of $516M.   Packaged Medicaments’s highest import potential is United States with an import gap of $370M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with