Mexico, a vibrant player in global trade, has made significant contributions to the tapioca starch market.
Mexico’s Tapioca Starch Exports
In 2021, Mexico exported $6.56k worth of tapioca starch, securing the 75th position among the largest exporters of this product globally. Tapioca starch ranked as the 3958th most exported product from Mexico during the same year.
The primary destinations for Mexican tapioca starch exports were the United Kingdom ($3.54k), the United States ($2.33k), Canada ($531), Switzerland ($152), and South Korea ($4).
| Continent | Country | Trade Value |
| Asia | South Korea | 4 |
| Europe | Switzerland | 152 |
| Europe | United Kingdom | 3,543 |
| North America | Canada | 531 |
| North America | United States | 2,329 |
Mexico’s Tapioca Starch Imports
In 2021, Mexico imported $3.21M worth of tapioca starch, securing the 25th position among the largest importers of this product globally. Tapioca starch ranked as the 3014th most imported product in Mexico during the same year.
Nicaragua served as the largest supplier of tapioca starch to Mexico, accounting for the majority of imports with a value of $1.96M. Paraguay followed suit with $486k, while Thailand and Brazil contributed $450k and $213k, respectively. Additionally, the United States supplied $67k worth of tapioca starch to Mexico.
Between 2020 and 2021, Mexico witnessed substantial growth in its import markets for tapioca starch. Nicaragua, the leading supplier, demonstrated remarkable growth with imports increasing by $692k, reflecting the rising demand for tapioca starch in Mexico. Paraguay also experienced significant growth, contributing an additional $162k to the import market. Furthermore, imports from Brazil increased by $158k during this period.
| Continent | Country | Trade Value |
| Asia | Thailand | 449,992 |
| Europe | Germany | 27,789 |
| North America | Nicaragua | 1,958,530 |
| North America | United States | 67,004 |
| South America | Brazil | 212,630 |
| South America | Colombia | 3,075 |
| South America | Paraguay | 486,136 |
Mexico’s Tapioca Starch Tariffs
In 2017, the average tariff for Mexico on tapioca starch was 9.38%. Notably, Mexico applied a Most Favoured Nation duty rate treatment of 10% for countries including Angola, Burundi, Benin, Burkina Faso, and Botswana, reflecting the country’s commitment to fair trade practices.
Data from BACI