2022
Exports
$137MWorld Rnk 27 / 194
Flag Rnk 284 / 1193
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$397MWorld Rnk 11 / 223
Flag Rnk 216 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $137M in Stone Processing Machines, making it the 27th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 284th most exported product in Mexico. The main destination of Stone Processing Machines exports from Mexico are: United States ($103M), Canada ($20.4M), Guatemala ($2.07M), Chile ($2M), and El Salvador ($1.98M).

The fastest growing export markets for Stone Processing Machines of Mexico between 2021 and 2022 were United States ($14.4M), Canada ($8.35M), and Chile ($1.26M).

Imports In 2022, Mexico imported $397M in Stone Processing Machines, becoming the 11th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 216th most imported product in Mexico. Mexico imports Stone Processing Machines primarily from: United States ($120M), Italy ($81.3M), China ($53.2M), Germany ($19.2M), and Spain ($18M).

The fastest growing import markets in Stone Processing Machines for Mexico between 2021 and 2022 were Italy ($31.5M), China ($17.7M), and India ($9M).

COMPANIES In 2023, leading companies such as John Deere (74), Givaudan Fragrances (5), and General Motors (3) were at the forefront of shipping Stone Processing Machines from Mexico to the United States.

Latest Trends

Oct 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 Stone Processing Machines. 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)$137M
IMPORTS (2022)$397M
NET TRADE (2022)-$260M

In 2022, Mexico exported $137M in Stone Processing Machines. The main destinations of Mexico exports on Stone Processing Machines were United States ($103M), Canada ($20.4M), Guatemala ($2.07M), Chile ($2M), and El Salvador ($1.98M).

In 2022, Mexico imported $397M in Stone Processing Machines, mainly from United States ($120M), Italy ($81.3M), China ($53.2M), Germany ($19.2M), and Spain ($18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$14.4M (16.2%)
Canada$8.35M (69.3%)
Chile$1.26M (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Mexico WERE (2021 - 2022):
Honduras-$969k (-93.5%)
Suriname-$735k (-100%)
Nicaragua-$658k (-44.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Mexico's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $28.6M
TOP IMPORT POTENTIALChina+ $25.3M

Stone Processing Machines’s highest export potential is United States. With an export gap of $28.6M.   Stone Processing Machines’s highest import potential is China with an import gap of $25.3M.

See methodology.

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