2022
Exports
$2.14BWorld Rnk 8 / 201
Flag Rnk 28 / 96
2022
PRODUCT COMPLEXITY IN Sugars & confectioneries
-0.11Rnk 587 / 1025
2022
Imports
$871MWorld Rnk 20 / 224
Flag Rnk 59 / 96
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $2.14B in Sugars & confectioneries, making it the 8th largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 28th most exported product in Mexico. The main destination of Sugars & confectioneries exports from Mexico are: United States ($1.82B), Morocco ($51.6M), Canada ($28.8M), Colombia ($27.3M), and Azerbaijan ($22.8M).

The fastest growing export markets for Sugars & confectioneries of Mexico between 2021 and 2022 were United States ($362M), Morocco ($35.3M), and Azerbaijan ($12.8M).

Imports In 2022, Mexico imported $871M in Sugars & confectioneries, becoming the 20th largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 59th most imported product in Mexico. Mexico imports Sugars & confectioneries primarily from: United States ($739M), China ($57.5M), Guatemala ($30.3M), Ecuador ($7.05M), and Canada ($4.48M).

The fastest growing import markets in Sugars & confectioneries for Mexico between 2021 and 2022 were United States ($114M), China ($24.4M), and Guatemala ($3.32M).

COMPANIES In 2023, leading companies such as IKEA Group (8), Mazda (4), and Volkswagen (2) were at the forefront of shipping Sugars & confectioneries 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 Sugars & confectioneries. 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)$2.14B
IMPORTS (2022)$871M
NET TRADE (2022)$1.27B

In 2022, Mexico exported $2.14B in Sugars & confectioneries. The main destinations of Mexico exports on Sugars & confectioneries were United States ($1.82B), Morocco ($51.6M), Canada ($28.8M), Colombia ($27.3M), and Azerbaijan ($22.8M).

In 2022, Mexico imported $871M in Sugars & confectioneries, mainly from United States ($739M), China ($57.5M), Guatemala ($30.3M), Ecuador ($7.05M), and Canada ($4.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sugars & confectioneries EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$362M (24.8%)
Morocco$35.3M (216%)
Azerbaijan$12.8M (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugars & confectioneries BY Mexico WERE (2021 - 2022):
Netherlands-$9.03M (-69.8%)
Trinidad and Tobago-$6.39M (-92.1%)
Kazakhstan-$5.87M (-49%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Sugars & confectioneries were:
Brazil $11.7B
India $6.72B
In 2022, Mexico's main importing competitors in Sugars & confectioneries were:

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Trade Value of Sugars & confectioneries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $23M
TOP IMPORT POTENTIALChina+ $21.3M

Sugars & confectioneries’s highest export potential is Canada. With an export gap of $23M.   Sugars & confectioneries’s highest import potential is China with an import gap of $21.3M.

See methodology.

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