2022
Exports | Imports
$666M | $224MWorld Rnk 13 / 162
Flag Rnk 121 / 1193
World Rnk 32 / 217
Flag Rnk 307 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 21 / 124
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.29Rnk 905 / 1025

About

Exports In 2022, Mexico exported $666M in Raw Iron Bars, making it the 13th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 121st most exported product in Mexico. The main destination of Raw Iron Bars exports from Mexico are: United States ($457M), Colombia ($90M), Canada ($38.8M), Peru ($38.5M), and Guatemala ($33.2M).

The fastest growing export markets for Raw Iron Bars of Mexico between 2021 and 2022 were United States ($148M), Canada ($24.2M), and Guatemala ($6.38M).

Imports In 2022, Mexico imported $224M in Raw Iron Bars, becoming the 32nd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 307th most imported product in Mexico. Mexico imports Raw Iron Bars primarily from: United States ($165M), Japan ($17.4M), China ($12.8M), South Korea ($8.6M), and Vietnam ($6.9M).

The fastest growing import markets in Raw Iron Bars for Mexico between 2021 and 2022 were United States ($44.3M), China ($10.1M), and Japan ($9M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Raw Iron Bars from Mexico to the United States.

Latest Trends

Jan 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 Raw Iron Bars. 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)$666M
IMPORTS (2022)$224M
NET TRADE (2022)$442M

In 2022, Mexico exported $666M in Raw Iron Bars. The main destinations of Mexico exports on Raw Iron Bars were United States ($457M), Colombia ($90M), Canada ($38.8M), Peru ($38.5M), and Guatemala ($33.2M).

In 2022, Mexico imported $224M in Raw Iron Bars, mainly from United States ($165M), Japan ($17.4M), China ($12.8M), South Korea ($8.6M), and Vietnam ($6.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$148M (48.1%)
Canada$24.2M (165%)
Guatemala$6.38M (23.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Mexico WERE (2021 - 2022):
Colombia-$35.6M (-28.4%)
Peru-$4.19M (-9.81%)
Honduras-$97.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Mexico's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

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