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Pricing

2022
Exports $3.98MWorld Rnk 33 / 161
Flag Rnk 778 / 1193
2022
Destination $73.7k United States
2021 - 2022
FASTEST GROWING MARKET $73.7kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Pearl Products-0.51Rnk 707 / 1025
2022
Imports $45.2MWorld Rnk 12 / 200
Flag Rnk 643 / 1208
2022
Origin $941k United States
2021 - 2022
FASTEST GROWING ORIGIN $941kChina
2022
ECONOMIC COMPLEXITY of Mexico1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $3.98M in Pearl Products, making it the 33rd largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 778th most exported product in Mexico. The main destination of Pearl Products exports from Mexico are: United States ($3.41M), United Arab Emirates ($280k), Canada ($81.6k), Australia ($41.9k), and Brazil ($38.7k).

The fastest growing export markets for Pearl Products of Mexico between 2021 and 2022 were United Arab Emirates ($73.7k), Brazil ($38.7k), and Canada ($23.6k).

Imports In 2022, Mexico imported $45.2M in Pearl Products, becoming the 12th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 643rd most imported product in Mexico. Mexico imports Pearl Products primarily from: United States ($41.6M), China ($1.74M), Hong Kong ($663k), Spain ($524k), and Germany ($234k).

The fastest growing import markets in Pearl Products for Mexico between 2021 and 2022 were China ($941k), Hong Kong ($151k), and Germany ($119k).

Latest Trends

Oct 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 Pearl 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)$3.98M
IMPORTS (2022)$45.2M
NET TRADE (2022)-$41.2M

In 2022, Mexico exported $3.98M in Pearl Products. The main destinations of Mexico exports on Pearl Products were United States ($3.41M), United Arab Emirates ($280k), Canada ($81.6k), Australia ($41.9k), and Brazil ($38.7k).

In 2022, Mexico imported $45.2M in Pearl Products, mainly from United States ($41.6M), China ($1.74M), Hong Kong ($663k), Spain ($524k), and Germany ($234k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United Arab Emirates$73.7k (35.7%)
Brazil$38.7k (1%)
Canada$23.6k (40.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY Mexico WERE (2021 - 2022):
United States-$77k (-2.21%)
Singapore-$44k (-100%)
El Salvador-$31.7k (-84.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Pearl Products were:
China $424M
United States $313M
Thailand $162M
In 2022, Mexico's main importing competitors in Pearl Products were:
United States $358M
Hong Kong $187M
China $141M

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Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.01M
TOP IMPORT POTENTIALUnited States+ $807k

Pearl Products’s highest export potential is United States. With an export gap of $2.01M.   Pearl Products’s highest import potential is United States with an import gap of $807k.

See methodology.

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