2022
Exports
$11.8MWorld Rnk 97 / 160
Flag Rnk 638 / 1193
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$15.8BWorld Rnk 14 / 222
Flag Rnk 5 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $11.8M in Petroleum Gas, making it the 97th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 638th most exported product in Mexico. The main destination of Petroleum Gas exports from Mexico are: United States ($11.5M), Canada ($272k), Guatemala ($70.5k), Costa Rica ($19.3k), and Uruguay ($3.55k).

The fastest growing export markets for Petroleum Gas of Mexico between 2021 and 2022 were United States ($796k), Canada ($243k), and Guatemala ($54.7k).

Imports In 2022, Mexico imported $15.8B in Petroleum Gas, becoming the 14th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 5th most imported product in Mexico. Mexico imports Petroleum Gas primarily from: United States ($15.6B), Canada ($117M), Indonesia ($111M), Jamaica ($4.44M), and Trinidad and Tobago ($2.72M).

The fastest growing import markets in Petroleum Gas for Mexico between 2021 and 2022 were United States ($1.53B), Indonesia ($68.4M), and China ($857k).

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 Petroleum Gas. 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)$11.8M
IMPORTS (2022)$15.8B
NET TRADE (2022)-$15.8B

In 2022, Mexico exported $11.8M in Petroleum Gas. The main destinations of Mexico exports on Petroleum Gas were United States ($11.5M), Canada ($272k), Guatemala ($70.5k), Costa Rica ($19.3k), and Uruguay ($3.55k).

In 2022, Mexico imported $15.8B in Petroleum Gas, mainly from United States ($15.6B), Canada ($117M), Indonesia ($111M), Jamaica ($4.44M), and Trinidad and Tobago ($2.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$796k (7.46%)
Canada$243k (843%)
Guatemala$54.7k (348%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Mexico WERE (2021 - 2022):
China-$2.67M (-100%)
Costa Rica-$34.2k (-64%)
Colombia-$2.12k (-55.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Petroleum Gas were:
In 2022, Mexico's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.3M
TOP IMPORT POTENTIALCanada+ $145M

Petroleum Gas’s highest export potential is United States. With an export gap of $26.3M.   Petroleum Gas’s highest import potential is Canada with an import gap of $145M.

See methodology.

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