2022
Exports
$5.84MWorld Rnk 32 / 183
Flag Rnk 728 / 1193
2022
PRODUCT COMPLEXITY IN Wood Kitchenware
-0.35Rnk 662 / 1025
2022
Imports
$14.8MWorld Rnk 33 / 220
Flag Rnk 827 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $5.84M in Wood Kitchenware, making it the 32nd largest exporter of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 728th most exported product in Mexico. The main destination of Wood Kitchenware exports from Mexico are: United States ($5.59M), Canada ($100k), Guatemala ($33.2k), Dominican Republic ($28.2k), and United Arab Emirates ($12.3k).

The fastest growing export markets for Wood Kitchenware of Mexico between 2021 and 2022 were United States ($1.71M), Dominican Republic ($15.7k), and United Arab Emirates ($10.2k).

Imports In 2022, Mexico imported $14.8M in Wood Kitchenware, becoming the 33rd largest importer of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 827th most imported product in Mexico. Mexico imports Wood Kitchenware primarily from: China ($9.14M), United States ($3.93M), Spain ($327k), India ($242k), and Brazil ($204k).

The fastest growing import markets in Wood Kitchenware for Mexico between 2021 and 2022 were China ($1.05M), United States ($690k), and Netherlands ($167k).

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 Wood Kitchenware. 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)$5.84M
IMPORTS (2022)$14.8M
NET TRADE (2022)-$8.97M

In 2022, Mexico exported $5.84M in Wood Kitchenware. The main destinations of Mexico exports on Wood Kitchenware were United States ($5.59M), Canada ($100k), Guatemala ($33.2k), Dominican Republic ($28.2k), and United Arab Emirates ($12.3k).

In 2022, Mexico imported $14.8M in Wood Kitchenware, mainly from China ($9.14M), United States ($3.93M), Spain ($327k), India ($242k), and Brazil ($204k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Kitchenware EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$1.71M (44%)
Dominican Republic$15.7k (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Kitchenware BY Mexico WERE (2021 - 2022):
Canada-$71.3k (-41.5%)
Guatemala-$17.5k (-34.6%)
Costa Rica-$16.1k (-61.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Wood Kitchenware were:
China $1.58B
India $90.3M
In 2022, Mexico's main importing competitors in Wood Kitchenware were:

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Trade Value of Wood Kitchenware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.2M
TOP IMPORT POTENTIALChina+ $2.36M

Wood Kitchenware’s highest export potential is United States. With an export gap of $2.2M.   Wood Kitchenware’s highest import potential is China with an import gap of $2.36M.

See methodology.

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