2022
Exports
$30.8MWorld Rnk 20 / 130
Flag Rnk 510 / 1193
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$80.6MWorld Rnk 9 / 214
Flag Rnk 542 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $30.8M in Refractory Cements, making it the 20th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 510th most exported product in Mexico. The main destination of Refractory Cements exports from Mexico are: United States ($18.6M), Canada ($4.13M), Guatemala ($2.17M), Colombia ($1.67M), and El Salvador ($921k).

The fastest growing export markets for Refractory Cements of Mexico between 2021 and 2022 were United States ($4.82M), Canada ($1.62M), and Colombia ($1.17M).

Imports In 2022, Mexico imported $80.6M in Refractory Cements, becoming the 9th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 542nd most imported product in Mexico. Mexico imports Refractory Cements primarily from: United States ($55.5M), Austria ($7.28M), Germany ($3.1M), France ($2.63M), and Italy ($2.46M).

The fastest growing import markets in Refractory Cements for Mexico between 2021 and 2022 were France ($2.26M), Netherlands ($1.2M), and United States ($959k).

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 Refractory Cements. 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)$30.8M
IMPORTS (2022)$80.6M
NET TRADE (2022)-$49.8M

In 2022, Mexico exported $30.8M in Refractory Cements. The main destinations of Mexico exports on Refractory Cements were United States ($18.6M), Canada ($4.13M), Guatemala ($2.17M), Colombia ($1.67M), and El Salvador ($921k).

In 2022, Mexico imported $80.6M in Refractory Cements, mainly from United States ($55.5M), Austria ($7.28M), Germany ($3.1M), France ($2.63M), and Italy ($2.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$4.82M (34.9%)
Canada$1.62M (64.4%)
Colombia$1.17M (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Mexico WERE (2021 - 2022):
Honduras-$370k (-100%)
Costa Rica-$122k (-68.3%)
Trinidad and Tobago-$84.1k (-73.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Refractory Cements were:
In 2022, Mexico's main importing competitors in Refractory Cements were:

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.1M
TOP IMPORT POTENTIALChina+ $2.57M

Refractory Cements’s highest export potential is United States. With an export gap of $2.1M.   Refractory Cements’s highest import potential is China with an import gap of $2.57M.

See methodology.

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