2023
Exports
$5.77MWorld Rnk 102 / 163
Flag Rnk 719 / 1189
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$8.99BWorld Rnk 15 / 220
Flag Rnk 7 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $5.77M in Petroleum Gas, making it the 102nd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 719th most exported product in Mexico. The main destination of Petroleum Gas exports from Mexico are: United States ($5.64M), Guatemala ($68.5k), Costa Rica ($43k), United Arab Emirates ($10.3k), and Canada ($3.56k).

The fastest growing export markets for Petroleum Gas of Mexico between 2022 and 2023 were Costa Rica ($21.4k), United Arab Emirates ($10.3k), and Honduras ($945).

Imports In 2023, Mexico imported $8.99B in Petroleum Gas, becoming the 15th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 7th most imported product in Mexico. Mexico imports Petroleum Gas primarily from: United States ($8.87B), Indonesia ($56.9M), Canada ($49.6M), Peru ($9.5M), and Jamaica ($1.42M).

The fastest growing import markets in Petroleum Gas for Mexico between 2022 and 2023 were Peru ($9.5M), Guatemala ($952k), and Sweden ($17.9k).

COMPANIES In 2024, leading companies such as ZF Friedrichshafen (1) were at the forefront of shipping Petroleum Gas from Mexico to the United States.

Latest Trends

Dec 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 (2023)$5.77M
IMPORTS (2023)$8.99B
NET TRADE (2023)-$8.98B

In 2023, Mexico exported $5.77M in Petroleum Gas. The main destinations of Mexico exports on Petroleum Gas were United States ($5.64M), Guatemala ($68.5k), Costa Rica ($43k), United Arab Emirates ($10.3k), and Canada ($3.56k).

In 2023, Mexico imported $8.99B in Petroleum Gas, mainly from United States ($8.87B), Indonesia ($56.9M), Canada ($49.6M), Peru ($9.5M), and Jamaica ($1.42M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Costa Rica$21.4k (99.2%)
Honduras$945 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Mexico WERE (2022 - 2023):
United States-$18M (-76.2%)
Canada-$299k (-98.8%)
Guatemala-$9.01k (-11.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Petroleum Gas were:
In 2023, Mexico's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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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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