2023
Exports
$134MWorld Rnk 52 / 156
Flag Rnk 294 / 1189
2023
PRODUCT COMPLEXITY IN Raw Aluminium
-1.28Rnk 895 / 1025
2023
Imports
$1.84BWorld Rnk 10 / 186
Flag Rnk 59 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $134M in Raw Aluminium, making it the 52nd largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 294th most exported product in Mexico. The main destination of Raw Aluminium exports from Mexico are: United States ($104M), Spain ($14.2M), Malaysia ($5.77M), Canada ($4.57M), and Ecuador ($3.13M).

The fastest growing export markets for Raw Aluminium of Mexico between 2022 and 2023 were United States ($27.7M), Ecuador ($3.13M), and Malaysia ($3.07M).

Imports In 2023, Mexico imported $1.84B in Raw Aluminium, becoming the 10th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 59th most imported product in Mexico. Mexico imports Raw Aluminium primarily from: United States ($598M), United Arab Emirates ($299M), India ($275M), Bahrain ($221M), and Canada ($117M).

The fastest growing import markets in Raw Aluminium for Mexico between 2022 and 2023 were Bahrain ($76M), United Arab Emirates ($36.2M), and Malaysia ($31.6M).

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 Raw Aluminium. 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)$134M
IMPORTS (2023)$1.84B
NET TRADE (2023)-$1.71B

In 2023, Mexico exported $134M in Raw Aluminium. The main destinations of Mexico exports on Raw Aluminium were United States ($104M), Spain ($14.2M), Malaysia ($5.77M), Canada ($4.57M), and Ecuador ($3.13M).

In 2023, Mexico imported $1.84B in Raw Aluminium, mainly from United States ($598M), United Arab Emirates ($299M), India ($275M), Bahrain ($221M), and Canada ($117M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
United States$27.7M (36.3%)
Ecuador$3.13M (1%)
Malaysia$3.07M (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Mexico WERE (2022 - 2023):
Spain-$6.84M (-32.5%)
China-$3.25M (-81.8%)
Argentina-$3.02M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Raw Aluminium were:
In 2023, Mexico's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $59.2M
TOP IMPORT POTENTIALRussia+ $58M

Raw Aluminium’s highest export potential is United States. With an export gap of $59.2M.   Raw Aluminium’s highest import potential is Russia with an import gap of $58M.

See methodology.

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