2022
Exports
$3.93MWorld Rnk 35 / 161
Flag Rnk 780 / 1193
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$137MWorld Rnk 5 / 210
Flag Rnk 414 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $3.93M in Metal Finishing Machines, making it the 35th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 780th most exported product in Mexico. The main destination of Metal Finishing Machines exports from Mexico are: Hungary ($1.38M), Germany ($1.23M), United States ($652k), Canada ($174k), and Singapore ($157k).

The fastest growing export markets for Metal Finishing Machines of Mexico between 2021 and 2022 were Hungary ($1.38M), Germany ($1.15M), and Canada ($172k).

Imports In 2022, Mexico imported $137M in Metal Finishing Machines, becoming the 5th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 414th most imported product in Mexico. Mexico imports Metal Finishing Machines primarily from: United States ($50.2M), Germany ($20.8M), Japan ($17.2M), China ($15.1M), and Canada ($4.8M).

The fastest growing import markets in Metal Finishing Machines for Mexico between 2021 and 2022 were United States ($20.1M), China ($6.72M), and Germany ($4.78M).

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 Metal Finishing Machines. 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)$3.93M
IMPORTS (2022)$137M
NET TRADE (2022)-$134M

In 2022, Mexico exported $3.93M in Metal Finishing Machines. The main destinations of Mexico exports on Metal Finishing Machines were Hungary ($1.38M), Germany ($1.23M), United States ($652k), Canada ($174k), and Singapore ($157k).

In 2022, Mexico imported $137M in Metal Finishing Machines, mainly from United States ($50.2M), Germany ($20.8M), Japan ($17.2M), China ($15.1M), and Canada ($4.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Hungary$1.38M (905k%)
Germany$1.15M (1.42k%)
Canada$172k (8.98k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Mexico WERE (2021 - 2022):
United States-$2.9M (-81.6%)
Trinidad and Tobago-$117k (-100%)
Colombia-$42.5k (-91.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Metal Finishing Machines were:
In 2022, Mexico's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $767k
TOP IMPORT POTENTIALChina+ $2.68M

Metal Finishing Machines’s highest export potential is United States. With an export gap of $767k.   Metal Finishing Machines’s highest import potential is China with an import gap of $2.68M.

See methodology.

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