2018
Exports
$29.8MWorld Rnk 23 / 123
Flag Rnk 511 / 1193
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2018
Imports
$297MWorld Rnk 8 / 197
Flag Rnk 254 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2018, Mexico exported $29.8M in Petroleum Resins, making it the 23rd largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 511th most exported product in Mexico. The main destination of Petroleum Resins exports from Mexico are: Brazil ($9.06M), United States ($7.05M), Netherlands ($3.26M), India ($2.92M), and Jamaica ($2.31M).

The fastest growing export markets for Petroleum Resins of Mexico between 2021 and 2022 were United States ($3.24M), India ($2.74M), and Turkey ($292k).

Imports In 2022, Mexico imported $297M in Petroleum Resins, becoming the 8th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 254th most imported product in Mexico. Mexico imports Petroleum Resins primarily from: United States ($181M), China ($43.3M), South Korea ($29.3M), Germany ($18.3M), and Japan ($10.1M).

The fastest growing import markets in Petroleum Resins for Mexico between 2021 and 2022 were United States ($33M), China ($14.4M), and South Korea ($8.95M).

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 Petroleum Resins. 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)$29.8M
IMPORTS (2022)$297M
NET TRADE (2022)-$268M

In 2022, Mexico exported $29.8M in Petroleum Resins. The main destinations of Mexico exports on Petroleum Resins were Brazil ($9.06M), United States ($7.05M), Netherlands ($3.26M), India ($2.92M), and Jamaica ($2.31M).

In 2022, Mexico imported $297M in Petroleum Resins, mainly from United States ($181M), China ($43.3M), South Korea ($29.3M), Germany ($18.3M), and Japan ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$3.24M (85.1%)
India$2.74M (1.58k%)
Turkey$292k (3.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Mexico WERE (2021 - 2022):
Netherlands-$3.19M (-49.5%)
Brazil-$1.75M (-16.2%)
China-$1.05M (-86.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Petroleum Resins were:
In 2022, Mexico's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.37M
TOP IMPORT POTENTIALChina+ $9.71M

Petroleum Resins’s highest export potential is United States. With an export gap of $6.37M.   Petroleum Resins’s highest import potential is China with an import gap of $9.71M.

See methodology.

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