2022
Exports
$752MWorld Rnk 10 / 143
Flag Rnk 107 / 1193
2022
PRODUCT COMPLEXITY IN Styrene Polymers
0.75Rnk 262 / 1025
2022
Imports
$1.18BWorld Rnk 4 / 205
Flag Rnk 90 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $752M in Styrene Polymers, making it the 10th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 107th most exported product in Mexico. The main destination of Styrene Polymers exports from Mexico are: United States ($598M), Canada ($50.3M), Brazil ($14.9M), Dominican Republic ($13.7M), and Italy ($11.8M).

The fastest growing export markets for Styrene Polymers of Mexico between 2021 and 2022 were United States ($141M), Canada ($3.17M), and Brazil ($1.87M).

Imports In 2022, Mexico imported $1.18B in Styrene Polymers, becoming the 4th largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 90th most imported product in Mexico. Mexico imports Styrene Polymers primarily from: United States ($729M), South Korea ($272M), Chinese Taipei ($48.1M), China ($39.8M), and Japan ($17.1M).

The fastest growing import markets in Styrene Polymers for Mexico between 2021 and 2022 were United States ($80.1M), Chinese Taipei ($27.8M), and China ($18.2M).

COMPANIES In 2023, leading companies such as EDT (Export, Development & Trade) (4) and Electrolux (1) were at the forefront of shipping Styrene Polymers 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 Styrene Polymers. 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)$752M
IMPORTS (2022)$1.18B
NET TRADE (2022)-$427M

In 2022, Mexico exported $752M in Styrene Polymers. The main destinations of Mexico exports on Styrene Polymers were United States ($598M), Canada ($50.3M), Brazil ($14.9M), Dominican Republic ($13.7M), and Italy ($11.8M).

In 2022, Mexico imported $1.18B in Styrene Polymers, mainly from United States ($729M), South Korea ($272M), Chinese Taipei ($48.1M), China ($39.8M), and Japan ($17.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$141M (31%)
Canada$3.17M (6.74%)
Brazil$1.87M (14.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY Mexico WERE (2021 - 2022):
Peru-$14.7M (-85%)
China-$8M (-72.5%)
Honduras-$5.83M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Styrene Polymers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $13.8M
TOP IMPORT POTENTIALChina+ $21.3M

Styrene Polymers’s highest export potential is China. With an export gap of $13.8M.   Styrene Polymers’s highest import potential is China with an import gap of $21.3M.

See methodology.

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