2022
Exports
$63.9MWorld Rnk 32 / 158
Flag Rnk 399 / 1193
2022
PRODUCT COMPLEXITY IN Amino-resins
1.18Rnk 111 / 1025
2022
Imports
$701MWorld Rnk 13 / 215
Flag Rnk 143 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $63.9M in Amino-resins, making it the 32nd largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 399th most exported product in Mexico. The main destination of Amino-resins exports from Mexico are: United States ($36.3M), Colombia ($4.11M), Argentina ($3.81M), Guatemala ($3.61M), and Canada ($2.81M).

The fastest growing export markets for Amino-resins of Mexico between 2021 and 2022 were United States ($13.1M), Guatemala ($1.51M), and Argentina ($1.38M).

Imports In 2022, Mexico imported $701M in Amino-resins, becoming the 13th largest importer of Amino-resins in the world. At the same year, Amino-resins was the 143rd most imported product in Mexico. Mexico imports Amino-resins primarily from: United States ($472M), China ($98.8M), Germany ($36.8M), South Korea ($22.2M), and Italy ($17.9M).

The fastest growing import markets in Amino-resins for Mexico between 2021 and 2022 were United States ($109M), Germany ($5.59M), and China ($3.36M).

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 Amino-resins. 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)$63.9M
IMPORTS (2022)$701M
NET TRADE (2022)-$637M

In 2022, Mexico exported $63.9M in Amino-resins. The main destinations of Mexico exports on Amino-resins were United States ($36.3M), Colombia ($4.11M), Argentina ($3.81M), Guatemala ($3.61M), and Canada ($2.81M).

In 2022, Mexico imported $701M in Amino-resins, mainly from United States ($472M), China ($98.8M), Germany ($36.8M), South Korea ($22.2M), and Italy ($17.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$13.1M (56.5%)
Guatemala$1.51M (71.7%)
Argentina$1.38M (56.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amino-resins BY Mexico WERE (2021 - 2022):
Hong Kong-$800k (-88.4%)
Peru-$444k (-24.4%)
Uruguay-$390k (-44.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Amino-resins were:
Germany $3.83B
China $3.81B
Belgium $2.23B
In 2022, Mexico's main importing competitors in Amino-resins were:

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Trade Value of Amino-resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.6M
TOP IMPORT POTENTIALChina+ $27.8M

Amino-resins’s highest export potential is United States. With an export gap of $18.6M.   Amino-resins’s highest import potential is China with an import gap of $27.8M.

See methodology.

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