2022
Exports
$81.4MWorld Rnk 16 / 175
Flag Rnk 356 / 1193
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$342MWorld Rnk 2 / 223
Flag Rnk 236 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $81.4M in Soups and Broths, making it the 16th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 356th most exported product in Mexico. The main destination of Soups and Broths exports from Mexico are: United States ($64.8M), Guatemala ($4.25M), Canada ($3.63M), Costa Rica ($3.11M), and Colombia ($1.75M).

The fastest growing export markets for Soups and Broths of Mexico between 2021 and 2022 were United States ($19.8M), Costa Rica ($2.13M), and Colombia ($1.75M).

Imports In 2022, Mexico imported $342M in Soups and Broths, becoming the 2nd largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 236th most imported product in Mexico. Mexico imports Soups and Broths primarily from: United States ($326M), Guatemala ($13.2M), South Korea ($948k), Spain ($724k), and Japan ($467k).

The fastest growing import markets in Soups and Broths for Mexico between 2021 and 2022 were United States ($77.2M), South Korea ($446k), and Belgium ($230k).

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

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Soups and Broths. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$81.4M
IMPORTS (2022)$342M
NET TRADE (2022)-$261M

In 2022, Mexico exported $81.4M in Soups and Broths. The main destinations of Mexico exports on Soups and Broths were United States ($64.8M), Guatemala ($4.25M), Canada ($3.63M), Costa Rica ($3.11M), and Colombia ($1.75M).

In 2022, Mexico imported $342M in Soups and Broths, mainly from United States ($326M), Guatemala ($13.2M), South Korea ($948k), Spain ($724k), and Japan ($467k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$19.8M (44%)
Costa Rica$2.13M (218%)
Colombia$1.75M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Mexico WERE (2021 - 2022):
Panama-$4.88M (-88.9%)
Guatemala-$3.94M (-48.1%)
Dominican Republic-$460k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mexico's main exporting competitors in Soups and Broths were:
In 2022, Mexico's main importing competitors in Soups and Broths were:

Explore Visualizations

Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.79M
TOP IMPORT POTENTIALGuatemala+ $6.86M

Soups and Broths’s highest export potential is United States. With an export gap of $4.79M.   Soups and Broths’s highest import potential is Guatemala with an import gap of $6.86M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with