2022
Exports
$72MWorld Rnk 29 / 187
Flag Rnk 373 / 1193
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$1.4BWorld Rnk 4 / 213
Flag Rnk 78 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $72M in Rubberworking Machinery, making it the 29th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 373rd most exported product in Mexico. The main destination of Rubberworking Machinery exports from Mexico are: United States ($59.8M), Germany ($2.5M), India ($1.17M), Italy ($1M), and Canada ($864k).

The fastest growing export markets for Rubberworking Machinery of Mexico between 2021 and 2022 were United States ($18M), Germany ($1.59M), and India ($1.06M).

Imports In 2022, Mexico imported $1.4B in Rubberworking Machinery, becoming the 4th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 78th most imported product in Mexico. Mexico imports Rubberworking Machinery primarily from: United States ($373M), China ($292M), Germany ($169M), Italy ($110M), and South Korea ($84.8M).

The fastest growing import markets in Rubberworking Machinery for Mexico between 2021 and 2022 were China ($83.1M), United States ($45.6M), and Canada ($26.9M).

COMPANIES In 2023, leading companies such as TE Connectivity (1) and Celebrity Cruises (1) were at the forefront of shipping Rubberworking Machinery 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 Rubberworking Machinery. 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)$72M
IMPORTS (2022)$1.4B
NET TRADE (2022)-$1.32B

In 2022, Mexico exported $72M in Rubberworking Machinery. The main destinations of Mexico exports on Rubberworking Machinery were United States ($59.8M), Germany ($2.5M), India ($1.17M), Italy ($1M), and Canada ($864k).

In 2022, Mexico imported $1.4B in Rubberworking Machinery, mainly from United States ($373M), China ($292M), Germany ($169M), Italy ($110M), and South Korea ($84.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$18M (43%)
Germany$1.59M (175%)
India$1.06M (920%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Mexico WERE (2021 - 2022):
Austria-$2.61M (-95.3%)
Malaysia-$1.51M (-100%)
Italy-$1.07M (-51.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Mexico's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.6M
TOP IMPORT POTENTIALChina+ $38.1M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $15.6M.   Rubberworking Machinery’s highest import potential is China with an import gap of $38.1M.

See methodology.

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