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Exports In 2022, Mexico exported $1.18B in Sweet biscuits, waffles and wafers, making it the 3rd largest exporter of Sweet biscuits, waffles and wafers in the world. At the same year, Sweet biscuits, waffles and wafers was the 76th most exported product in Mexico. The main destination of Sweet biscuits, waffles and wafers exports from Mexico are: United States ($1.09B), Canada ($33.9M), Guatemala ($12.4M), Honduras ($10.8M), and Panama ($5.26M).

The fastest growing export markets for Sweet biscuits, waffles and wafers of Mexico between 2021 and 2022 were United States ($218M), Guatemala ($3.39M), and Honduras ($2.32M).

Imports In 2022, Mexico imported $155M in Sweet biscuits, waffles and wafers, becoming the 24th largest importer of Sweet biscuits, waffles and wafers in the world. At the same year, Sweet biscuits, waffles and wafers was the 541st most imported product in Mexico. Mexico imports Sweet biscuits, waffles and wafers primarily from: United States ($60.1M), Canada ($37.3M), Spain ($10.7M), Italy ($9.8M), and Brazil ($8.27M).

The fastest growing import markets in Sweet biscuits, waffles and wafers for Mexico between 2021 and 2022 were Canada ($30M), Spain ($5.94M), and Brazil ($2.17M).

COMPANIES In 2023, leading companies such as Ford Motor Company (3.03k), Dekalb Farmers Market (1.98k), and Chiquita (1.74k) were at the forefront of shipping Sweet biscuits, waffles and wafers 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 Sweet biscuits, waffles and wafers. 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)$1.18B
IMPORTS (2022)$155M
NET TRADE (2022)$1.02B

In 2022, Mexico exported $1.18B in Sweet biscuits, waffles and wafers. The main destinations of Mexico exports on Sweet biscuits, waffles and wafers were United States ($1.09B), Canada ($33.9M), Guatemala ($12.4M), Honduras ($10.8M), and Panama ($5.26M).

In 2022, Mexico imported $155M in Sweet biscuits, waffles and wafers, mainly from United States ($60.1M), Canada ($37.3M), Spain ($10.7M), Italy ($9.8M), and Brazil ($8.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sweet biscuits, waffles and wafers EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$218M (24.9%)
Guatemala$3.39M (37.5%)
Honduras$2.32M (27.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sweet biscuits, waffles and wafers BY Mexico WERE (2021 - 2022):
Chile-$938k (-21%)
Dominican Republic-$319k (-24.4%)
South Korea-$303k (-63.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Mexico's main exporting competitors in Sweet biscuits, waffles and wafers were:
Germany $1.38B
Poland $1.28B
In 2022, Mexico's main importing competitors in Sweet biscuits, waffles and wafers were:

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Trade Value of Sweet biscuits, waffles and wafers by Exporters

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