2022
Exports
$119MWorld Rnk 15 / 206
Flag Rnk 306 / 1193
2022
PRODUCT COMPLEXITY IN Motor-working Tools
1.33Rnk 88 / 1025
2022
Imports
$430MWorld Rnk 4 / 224
Flag Rnk 200 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $119M in Motor-working Tools, making it the 15th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 306th most exported product in Mexico. The main destination of Motor-working Tools exports from Mexico are: United States ($95.5M), Canada ($5.9M), Peru ($3.69M), Czechia ($3.49M), and Singapore ($1.92M).

The fastest growing export markets for Motor-working Tools of Mexico between 2021 and 2022 were Canada ($919k), China ($889k), and Peru ($728k).

Imports In 2022, Mexico imported $430M in Motor-working Tools, becoming the 4th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 200th most imported product in Mexico. Mexico imports Motor-working Tools primarily from: China ($266M), United States ($94.4M), Brazil ($19.4M), Germany ($10.6M), and Chinese Taipei ($9.55M).

The fastest growing import markets in Motor-working Tools for Mexico between 2021 and 2022 were China ($74M), Brazil ($3.51M), and Germany ($2.83M).

COMPANIES In 2023, leading companies such as Robert Bosch (1) and Celebrity Cruises (1) were at the forefront of shipping Motor-working Tools 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 Motor-working Tools. 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)$119M
IMPORTS (2022)$430M
NET TRADE (2022)-$311M

In 2022, Mexico exported $119M in Motor-working Tools. The main destinations of Mexico exports on Motor-working Tools were United States ($95.5M), Canada ($5.9M), Peru ($3.69M), Czechia ($3.49M), and Singapore ($1.92M).

In 2022, Mexico imported $430M in Motor-working Tools, mainly from China ($266M), United States ($94.4M), Brazil ($19.4M), Germany ($10.6M), and Chinese Taipei ($9.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Canada$919k (18.5%)
China$889k (148%)
Peru$728k (24.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Mexico WERE (2021 - 2022):
United States-$54.8M (-36.5%)
Czechia-$3.41M (-49.4%)
Guatemala-$770k (-55%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Motor-working Tools were:
In 2022, Mexico's main importing competitors in Motor-working Tools were:

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $98.5M
TOP IMPORT POTENTIALChina+ $19.4M

Motor-working Tools’s highest export potential is United States. With an export gap of $98.5M.   Motor-working Tools’s highest import potential is China with an import gap of $19.4M.

See methodology.

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