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Exports In 2022, Mexico exported $16.7M in Turpentine, making it the 10th largest exporter of Turpentine in the world. At the same year, Turpentine was the 602nd most exported product in Mexico. The main destination of Turpentine exports from Mexico are: United States ($15.4M), Brazil ($325k), Germany ($303k), Jordan ($262k), and India ($119k).

The fastest growing export markets for Turpentine of Mexico between 2021 and 2022 were United States ($11.7M), Jordan ($262k), and Germany ($225k).

Imports In 2022, Mexico imported $23.9M in Turpentine, becoming the 4th largest importer of Turpentine in the world. At the same year, Turpentine was the 758th most imported product in Mexico. Mexico imports Turpentine primarily from: Brazil ($10M), Portugal ($6.71M), Argentina ($3.75M), United States ($2.73M), and India ($307k).

The fastest growing import markets in Turpentine for Mexico between 2021 and 2022 were United States ($1.91M), Portugal ($1.7M), and Argentina ($455k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (2) were at the forefront of shipping Turpentine 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 Turpentine. 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)$16.7M
IMPORTS (2022)$23.9M
NET TRADE (2022)-$7.21M

In 2022, Mexico exported $16.7M in Turpentine. The main destinations of Mexico exports on Turpentine were United States ($15.4M), Brazil ($325k), Germany ($303k), Jordan ($262k), and India ($119k).

In 2022, Mexico imported $23.9M in Turpentine, mainly from Brazil ($10M), Portugal ($6.71M), Argentina ($3.75M), United States ($2.73M), and India ($307k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$11.7M (319%)
Jordan$262k (1%)
Germany$225k (289%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Mexico WERE (2021 - 2022):
Spain-$817k (-91.5%)
United Kingdom-$347k (-76.8%)
China-$226k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Turpentine were:
In 2022, Mexico's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $276k
TOP IMPORT POTENTIALUnited States+ $822k

Turpentine’s highest export potential is India. With an export gap of $276k.   Turpentine’s highest import potential is United States with an import gap of $822k.

See methodology.

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