2022
Exports
$92.9MWorld Rnk 28 / 199
Flag Rnk 338 / 1193
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$732MWorld Rnk 5 / 220
Flag Rnk 138 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $92.9M in Metalworking Machine Parts, making it the 28th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 338th most exported product in Mexico. The main destination of Metalworking Machine Parts exports from Mexico are: United States ($76.6M), Germany ($3.55M), Canada ($1.88M), United Arab Emirates ($956k), and Czechia ($836k).

The fastest growing export markets for Metalworking Machine Parts of Mexico between 2021 and 2022 were United States ($2.82M), France ($424k), and Germany ($399k).

Imports In 2022, Mexico imported $732M in Metalworking Machine Parts, becoming the 5th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 138th most imported product in Mexico. Mexico imports Metalworking Machine Parts primarily from: United States ($355M), Germany ($89.6M), China ($71M), Japan ($46.8M), and South Korea ($42M).

The fastest growing import markets in Metalworking Machine Parts for Mexico between 2021 and 2022 were United States ($60.4M), South Korea ($17M), and Italy ($7.21M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (5), ZF Friedrichshafen (3), and LG Electronics (1) were at the forefront of shipping Metalworking Machine Parts from Mexico to the United States.

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 Metalworking Machine Parts. 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)$92.9M
IMPORTS (2022)$732M
NET TRADE (2022)-$639M

In 2022, Mexico exported $92.9M in Metalworking Machine Parts. The main destinations of Mexico exports on Metalworking Machine Parts were United States ($76.6M), Germany ($3.55M), Canada ($1.88M), United Arab Emirates ($956k), and Czechia ($836k).

In 2022, Mexico imported $732M in Metalworking Machine Parts, mainly from United States ($355M), Germany ($89.6M), China ($71M), Japan ($46.8M), and South Korea ($42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$2.82M (3.82%)
France$424k (103%)
Germany$399k (12.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Mexico WERE (2021 - 2022):
Canada-$1.07M (-36.2%)
Saudi Arabia-$556k (-100%)
Poland-$429k (-53.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Metalworking Machine Parts were:
In 2022, Mexico's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.3M
TOP IMPORT POTENTIALChina+ $22.2M

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $27.3M.   Metalworking Machine Parts’s highest import potential is China with an import gap of $22.2M.

See methodology.

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