2022
Exports
$6.03MWorld Rnk 45 / 131
Flag Rnk 721 / 1193
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$229MWorld Rnk 20 / 192
Flag Rnk 302 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $6.03M in Rubber, making it the 45th largest exporter of Rubber in the world. At the same year, Rubber was the 721st most exported product in Mexico. The main destination of Rubber exports from Mexico are: United States ($2.89M), Turkey ($899k), Guatemala ($873k), Denmark ($361k), and Italy ($269k).

The fastest growing export markets for Rubber of Mexico between 2021 and 2022 were United States ($2.1M), Guatemala ($629k), and Turkey ($550k).

Imports In 2022, Mexico imported $229M in Rubber, becoming the 20th largest importer of Rubber in the world. At the same year, Rubber was the 302nd most imported product in Mexico. Mexico imports Rubber primarily from: Guatemala ($85.1M), Indonesia ($69.8M), United States ($27.1M), Thailand ($21.4M), and Cote d'Ivoire ($7.14M).

The fastest growing import markets in Rubber for Mexico between 2021 and 2022 were Indonesia ($3.83M), Cote d'Ivoire ($1.83M), and Malaysia ($1.83M).

COMPANIES In 2023, leading companies such as ZF FRIEDRICHSHAFEN AG (40), NISSAN NORTH AMERICA, INC. (1), and SIGNIFY NORTH AMERICA CORPORATION (1) were at the forefront of shipping Rubber from Mexico to the United States.

Latest Trends

Mar 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 Rubber. 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)$6.03M
IMPORTS (2022)$229M
NET TRADE (2022)-$223M

In 2022, Mexico exported $6.03M in Rubber. The main destinations of Mexico exports on Rubber were United States ($2.89M), Turkey ($899k), Guatemala ($873k), Denmark ($361k), and Italy ($269k).

In 2022, Mexico imported $229M in Rubber, mainly from Guatemala ($85.1M), Indonesia ($69.8M), United States ($27.1M), Thailand ($21.4M), and Cote d'Ivoire ($7.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$2.1M (268%)
Guatemala$629k (258%)
Turkey$550k (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Mexico WERE (2021 - 2022):
Brazil-$367k (-100%)
Costa Rica-$349k (-72.9%)
Spain-$276k (-56%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Rubber were:
In 2022, Mexico's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

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