2023
Exports
$693MWorld Rnk 7 / 198
Flag Rnk 120 / 1189
2023
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.71Rnk 761 / 1025
2023
Imports
$323MWorld Rnk 17 / 152
Flag Rnk 241 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $693M in Scrap Aluminium, making it the 7th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 120th most exported product in Mexico. The main destination of Scrap Aluminium exports from Mexico are: United States ($356M), Brazil ($159M), China ($46.4M), South Korea ($30.9M), and India ($17.5M).

The fastest growing export markets for Scrap Aluminium of Mexico between 2022 and 2023 were China ($36.1M), Saudi Arabia ($6.7M), and Malaysia ($5.05M).

Imports In 2023, Mexico imported $323M in Scrap Aluminium, becoming the 17th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 241st most imported product in Mexico. Mexico imports Scrap Aluminium primarily from: United States ($319M), Ecuador ($1.13M), China ($453k), Guatemala ($347k), and Colombia ($336k).

The fastest growing import markets in Scrap Aluminium for Mexico between 2022 and 2023 were China ($453k), Honduras ($310k), and Ecuador ($175k).

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 Scrap 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)$693M
IMPORTS (2023)$323M
NET TRADE (2023)$370M

In 2023, Mexico exported $693M in Scrap Aluminium. The main destinations of Mexico exports on Scrap Aluminium were United States ($356M), Brazil ($159M), China ($46.4M), South Korea ($30.9M), and India ($17.5M).

In 2023, Mexico imported $323M in Scrap Aluminium, mainly from United States ($319M), Ecuador ($1.13M), China ($453k), Guatemala ($347k), and Colombia ($336k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
China$36.1M (350%)
Saudi Arabia$6.7M (14k%)
Malaysia$5.05M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Mexico WERE (2022 - 2023):
United States-$72.6M (-17%)
Brazil-$54.9M (-25.7%)
Greece-$37.3M (-73.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Scrap Aluminium were:
In 2023, Mexico's main importing competitors in Scrap Aluminium were:
India $3.57B
China $2.47B
Germany $1.68B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $28.3M
TOP IMPORT POTENTIALCanada+ $2.5M

Scrap Aluminium’s highest export potential is India. With an export gap of $28.3M.   Scrap Aluminium’s highest import potential is Canada with an import gap of $2.5M.

See methodology.

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