2022
Exports
$13.6MWorld Rnk 44 / 157
Flag Rnk 621 / 1193
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$110MWorld Rnk 23 / 215
Flag Rnk 462 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $13.6M in Unpackaged Medicaments, making it the 44th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 621st most exported product in Mexico. The main destination of Unpackaged Medicaments exports from Mexico are: Brazil ($5.29M), Turkey ($1.56M), United Arab Emirates ($1.46M), Chile ($1.07M), and Panama ($850k).

The fastest growing export markets for Unpackaged Medicaments of Mexico between 2021 and 2022 were Brazil ($2.1M), Turkey ($1.32M), and Chile ($603k).

Imports In 2022, Mexico imported $110M in Unpackaged Medicaments, becoming the 23rd largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 462nd most imported product in Mexico. Mexico imports Unpackaged Medicaments primarily from: Germany ($33.1M), China ($25.6M), India ($16.2M), United States ($13.8M), and Spain ($6.4M).

The fastest growing import markets in Unpackaged Medicaments for Mexico between 2021 and 2022 were Germany ($8.01M), China ($7.91M), and Italy ($2.87M).

Latest Trends

Oct 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 Unpackaged Medicaments. 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)$13.6M
IMPORTS (2022)$110M
NET TRADE (2022)-$96M

In 2022, Mexico exported $13.6M in Unpackaged Medicaments. The main destinations of Mexico exports on Unpackaged Medicaments were Brazil ($5.29M), Turkey ($1.56M), United Arab Emirates ($1.46M), Chile ($1.07M), and Panama ($850k).

In 2022, Mexico imported $110M in Unpackaged Medicaments, mainly from Germany ($33.1M), China ($25.6M), India ($16.2M), United States ($13.8M), and Spain ($6.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Brazil$2.1M (65.9%)
Turkey$1.32M (537%)
Chile$603k (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Mexico WERE (2021 - 2022):
Switzerland-$1.35M (-100%)
Italy-$396k (-100%)
Netherlands-$169k (-48.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $577k
TOP IMPORT POTENTIALUnited States+ $9.79M

Unpackaged Medicaments’s highest export potential is India. With an export gap of $577k.   Unpackaged Medicaments’s highest import potential is United States with an import gap of $9.79M.

See methodology.

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