2022
Exports
$91MWorld Rnk 22 / 196
Flag Rnk 343 / 1193
2022
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.15Rnk 505 / 1025
2022
Imports
$159MWorld Rnk 17 / 222
Flag Rnk 377 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $91M in Stranded Iron Wire, making it the 22nd largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 343rd most exported product in Mexico. The main destination of Stranded Iron Wire exports from Mexico are: United States ($81.6M), Colombia ($1.59M), Costa Rica ($1.29M), Peru ($1.18M), and Jamaica ($1.03M).

The fastest growing export markets for Stranded Iron Wire of Mexico between 2021 and 2022 were United States ($33.5M), Jamaica ($1.03M), and Costa Rica ($772k).

Imports In 2018, Mexico imported $159M in Stranded Iron Wire, becoming the 17th largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 377th most imported product in Mexico. Mexico imports Stranded Iron Wire primarily from: United States ($48.5M), China ($44.5M), Vietnam ($14.7M), Indonesia ($14.1M), and South Korea ($13.4M).

The fastest growing import markets in Stranded Iron Wire for Mexico between 2021 and 2022 were China ($10.8M), Vietnam ($9.63M), and United States ($6.04M).

Latest Trends

Jul 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 Stranded Iron Wire. 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)$91M
IMPORTS (2022)$159M
NET TRADE (2022)-$68.1M

In 2022, Mexico exported $91M in Stranded Iron Wire. The main destinations of Mexico exports on Stranded Iron Wire were United States ($81.6M), Colombia ($1.59M), Costa Rica ($1.29M), Peru ($1.18M), and Jamaica ($1.03M).

In 2022, Mexico imported $159M in Stranded Iron Wire, mainly from United States ($48.5M), China ($44.5M), Vietnam ($14.7M), Indonesia ($14.1M), and South Korea ($13.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$33.5M (69.4%)
Jamaica$1.03M (253k%)
Costa Rica$772k (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Mexico WERE (2021 - 2022):
Brazil-$2.61M (-86.3%)
Colombia-$2.6M (-62%)
Peru-$515k (-30.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mexico's main exporting competitors in Stranded Iron Wire were:
In 2022, Mexico's main importing competitors in Stranded Iron Wire were:

Explore Visualizations

Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.7M
TOP IMPORT POTENTIALChina+ $11.6M

Stranded Iron Wire’s highest export potential is United States. With an export gap of $20.7M.   Stranded Iron Wire’s highest import potential is China with an import gap of $11.6M.

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