2022
Exports
$377MWorld Rnk 32 / 216
Flag Rnk 172 / 1193
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$2.58BWorld Rnk 11 / 222
Flag Rnk 43 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $377M in Industrial Fatty Acids, Oils and Alcohols, making it the 32nd largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 172nd most exported product in Mexico. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Mexico are: United States ($214M), Chile ($17.9M), Slovakia ($15.7M), Guatemala ($14M), and Peru ($11.1M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Mexico between 2021 and 2022 were United States ($44.6M), Chile ($10.3M), and Slovakia ($9.27M).

Imports In 2022, Mexico imported $2.58B in Industrial Fatty Acids, Oils and Alcohols, becoming the 11th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 43rd most imported product in Mexico. Mexico imports Industrial Fatty Acids, Oils and Alcohols primarily from: United States ($1.87B), China ($249M), Ireland ($124M), Germany ($69.3M), and Spain ($50.8M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Mexico between 2021 and 2022 were United States ($320M), China ($115M), and Ireland ($12.3M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (3) were at the forefront of shipping Industrial Fatty Acids, Oils and Alcohols 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 Industrial Fatty Acids, Oils and Alcohols. 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)$377M
IMPORTS (2022)$2.58B
NET TRADE (2022)-$2.21B

In 2022, Mexico exported $377M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Mexico exports on Industrial Fatty Acids, Oils and Alcohols were United States ($214M), Chile ($17.9M), Slovakia ($15.7M), Guatemala ($14M), and Peru ($11.1M).

In 2022, Mexico imported $2.58B in Industrial Fatty Acids, Oils and Alcohols, mainly from United States ($1.87B), China ($249M), Ireland ($124M), Germany ($69.3M), and Spain ($50.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$44.6M (26.4%)
Chile$10.3M (135%)
Slovakia$9.27M (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Mexico WERE (2021 - 2022):
France-$13.1M (-96.4%)
Germany-$3.05M (-91.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Mexico's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.18M
TOP IMPORT POTENTIALIndonesia+ $17.7M

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is United States. With an export gap of $4.18M.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $17.7M.

See methodology.

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