2022
Exports
$263MWorld Rnk 22 / 177
Flag Rnk 212 / 1193
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$591kWorld Rnk 62 / 118
Flag Rnk 1119 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $263M in Precious Metal Scraps, making it the 22nd largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 212th most exported product in Mexico. The main destination of Precious Metal Scraps exports from Mexico are: United States ($229M), Belgium ($15.5M), South Korea ($11.5M), Canada ($3.7M), and Germany ($3.33M).

The fastest growing export markets for Precious Metal Scraps of Mexico between 2021 and 2022 were United States ($52.5M), South Korea ($4.52M), and Lithuania ($111k).

Imports In 2022, Mexico imported $591k in Precious Metal Scraps, becoming the 62nd largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1119th most imported product in Mexico. Mexico imports Precious Metal Scraps primarily from: Ecuador ($430k), United States ($157k), and Turkey ($4.8k).

The fastest growing import markets in Precious Metal Scraps for Mexico between 2021 and 2022 were Ecuador ($430k) and Turkey ($4.8k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Precious Metal Scraps from Mexico to the United States.

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 Precious Metal Scraps. 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)$263M
IMPORTS (2022)$591k
NET TRADE (2022)$263M

In 2022, Mexico exported $263M in Precious Metal Scraps. The main destinations of Mexico exports on Precious Metal Scraps were United States ($229M), Belgium ($15.5M), South Korea ($11.5M), Canada ($3.7M), and Germany ($3.33M).

In 2022, Mexico imported $591k in Precious Metal Scraps, mainly from Ecuador ($430k), United States ($157k), and Turkey ($4.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$52.5M (29.7%)
South Korea$4.52M (65.1%)
Lithuania$111k (617%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Mexico WERE (2021 - 2022):
Germany-$16M (-82.8%)
Belgium-$2.29M (-12.9%)
Canada-$2.15M (-36.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Precious Metal Scraps were:
In 2022, Mexico's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.6M
TOP IMPORT POTENTIALUnited States+ $367k

Precious Metal Scraps’s highest export potential is United States. With an export gap of $29.6M.   Precious Metal Scraps’s highest import potential is United States with an import gap of $367k.

See methodology.

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