2022
Exports
$518MWorld Rnk 10 / 202
Flag Rnk 141 / 1193
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$424MWorld Rnk 9 / 225
Flag Rnk 205 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $518M in Sauces and Seasonings, making it the 10th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 141st most exported product in Mexico. The main destination of Sauces and Seasonings exports from Mexico are: United States ($397M), Guatemala ($31.7M), Colombia ($11.7M), Honduras ($9.25M), and Chile ($8.91M).

The fastest growing export markets for Sauces and Seasonings of Mexico between 2021 and 2022 were United States ($85.5M), Guatemala ($9.24M), and Chile ($3.63M).

Imports In 2022, Mexico imported $424M in Sauces and Seasonings, becoming the 9th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 205th most imported product in Mexico. Mexico imports Sauces and Seasonings primarily from: United States ($392M), Spain ($6.58M), Guatemala ($5.06M), Germany ($3.98M), and Canada ($3.67M).

The fastest growing import markets in Sauces and Seasonings for Mexico between 2021 and 2022 were United States ($69.5M), Canada ($2.74M), and Germany ($772k).

COMPANIES In 2023, leading companies such as Heineken (2) were at the forefront of shipping Sauces and Seasonings from Mexico to the United States.

Latest Trends

Jul 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 Sauces and Seasonings. 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)$518M
IMPORTS (2022)$424M
NET TRADE (2022)$94.5M

In 2022, Mexico exported $518M in Sauces and Seasonings. The main destinations of Mexico exports on Sauces and Seasonings were United States ($397M), Guatemala ($31.7M), Colombia ($11.7M), Honduras ($9.25M), and Chile ($8.91M).

In 2022, Mexico imported $424M in Sauces and Seasonings, mainly from United States ($392M), Spain ($6.58M), Guatemala ($5.06M), Germany ($3.98M), and Canada ($3.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$85.5M (27.5%)
Guatemala$9.24M (41.1%)
Chile$3.63M (68.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Mexico WERE (2021 - 2022):
United Kingdom-$2.9M (-67.2%)
Russia-$452k (-100%)
Sweden-$451k (-87.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Sauces and Seasonings were:
In 2022, Mexico's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.8M
TOP IMPORT POTENTIALChina+ $7.95M

Sauces and Seasonings’s highest export potential is United States. With an export gap of $30.8M.   Sauces and Seasonings’s highest import potential is China with an import gap of $7.95M.

See methodology.

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