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Pricing

2022
Exports $7.48MWorld Rnk 31 / 78
Flag Rnk 705 / 1193
2022
Destination $4.72M El Salvador
2021 - 2022
FASTEST GROWING MARKET $4.72MEl Salvador
2022
PRODUCT COMPLEXITY IN Tanks and Armored vehicles-0.46Rnk 688 / 1025
2022
Imports $278kWorld Rnk 92 / 130
Flag Rnk 1155 / 1208
2022
Origin $106k United States
2021 - 2022
FASTEST GROWING ORIGIN $106kUnited States
2022
ECONOMIC COMPLEXITY of Mexico1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $7.48M in Tanks and Armored vehicles, making it the 31st largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 705th most exported product in Mexico. The main destination of Tanks and Armored vehicles exports from Mexico are: El Salvador ($4.72M), United States ($1.62M), Chile ($1.12M), Canada ($19.1k), and Nicaragua ($1.1k).

The fastest growing export markets for Tanks and Armored vehicles of Mexico between 2021 and 2022 were El Salvador ($4.72M), Chile ($1.12M), and United States ($119k).

Imports In 2022, Mexico imported $278k in Tanks and Armored vehicles, becoming the 92nd largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 1155th most imported product in Mexico. Mexico imports Tanks and Armored vehicles primarily from: United States ($227k) and Belgium ($50.4k).

The fastest growing import markets in Tanks and Armored vehicles for Mexico between 2021 and 2022 were United States ($106k).

Latest Trends

Sep 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 Tanks and Armored vehicles. 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)$7.48M
IMPORTS (2022)$278k
NET TRADE (2022)$7.2M

In 2022, Mexico exported $7.48M in Tanks and Armored vehicles. The main destinations of Mexico exports on Tanks and Armored vehicles were El Salvador ($4.72M), United States ($1.62M), Chile ($1.12M), Canada ($19.1k), and Nicaragua ($1.1k).

In 2022, Mexico imported $278k in Tanks and Armored vehicles, mainly from United States ($227k) and Belgium ($50.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
El Salvador$4.72M (1%)
Chile$1.12M (1%)
United States$119k (7.98%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Mexico WERE (2021 - 2022):
Chinese Taipei-$322 (-100%)
Denmark-$108 (-100%)
Honduras-$45 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Tanks and Armored vehicles were:
United States $954M
Canada $954M
Germany $377M
In 2022, Mexico's main importing competitors in Tanks and Armored vehicles were:
Saudi Arabia $674M
United States $379M
Kuwait $304M

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.72M
TOP IMPORT POTENTIALUnited States+ $281k

Tanks and Armored vehicles’s highest export potential is United States. With an export gap of $1.72M.   Tanks and Armored vehicles’s highest import potential is United States with an import gap of $281k.

See methodology.

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