Wood in the rough market in Mexico

Earlier Report Observations

From 2018 to 2020, production of wood in the rough in Mexico remained stable at approximately 30 million tons annually, with a minor decrease in 2020. Structural issues such as fragmented forest management and widespread illegal logging limited formal output. The COVID-19 pandemic temporarily disrupted the industry in 2020, though increased investment in technological modernization and stronger trade ties with the United States and Canada aided recovery by year-end.

Output expanded to over 31 million tons in 2021 and stayed at that level through 2023. This growth was driven by ongoing government support programs for the forestry sector, improved access to credit and financing, and legislative changes that enhanced wood traceability and legality. The introduction of temporary tariffs on imported wood products in 2022 protected domestic production, while sector-wide investment in advanced machinery and rising foreign direct investment boosted efficiency and modernization.

Production wood in the rough in Mexico

In kind, 2018-2021, K t

From 2018 to 2021, Mexico ranked 18th globally in the production of wood in the rough.

Top producers of wood in the rough, 2018-2021

World map of production of wood in the rough, 2018-2021

Following two years of decline, Mexico's production of wood in the rough rebounded in 2021, reaching 31 011 thousand tons. This marked a moderate increase of 3.5% compared to the previous year. Over the 2018-2021 period, production grew by 3.1%, with an average annual growth rate of 1.0%. The lowest production level was recorded in 2020 at 29 959 thousand tons, while the largest decline occurred in 2019, with a drop of 0.2%.

Annual dynamics of production in Mexico in kind, 2018-2021, K t

In value, 2018-2021, M $ US

In 2021, the value of wood in the rough production in Mexico reached 7 320 million US dollars, representing a significant increase of 21.4% over 2020. From 2018 to 2021, production value rose by 16.3%, with an average annual growth rate of 5.2%. The lowest value was recorded in 2020 at 6 029 million US dollars, and the largest decline occurred that same year, with a decrease of 15.1%.

Annual dynamics of production in Mexico in value, 2018-2021, M $ US

Exports wood in the rough from Mexico

Exports in kind, t

Wood in the rough exports from Mexico declined for the third consecutive year in 2021, with export volume totaling 16 444 tons. This represented a sharp reduction of 42.1% compared to 2020. Between 2018 and 2021, exports decreased by 64.7%, equating to an average annual decline of 29.3%.

Annual dynamics of product's exports from Mexico in kind, 2018-2021, t

From 2018 to 2021, China remained the primary destination for Mexico's wood in the rough exports, accounting for 77.5% of total export volume. Other destinations played a much smaller role during this period.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Mexico in kind, 2018-2021

Exports in value, K $ US

Wood in the rough exports from Mexico declined for the third consecutive year in 2021, with export value reaching 3 882 thousand US dollars. This reflected a decrease of 32.1% compared to the previous year. Over the 2018-2021 period, export value fell by 60.1%, with an average annual decline of 26.4%.

Annual dynamics of product's exports from Mexico in value, 2018-2021, K $ US

From 2018 to 2021, China was the key buyer of wood in the rough from Mexico, accounting for 77.9% of total export value. The remaining exports went to a diversified group of other countries.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Mexico in value, 2018-2021

Imports wood in the rough to Mexico

Imports in kind, t

The data reveals irregular changes in Mexico's wood in the rough imports, indicating a volatile market environment. Import volume reached its lowest point in 2021 at 2 499 tons, down by 85.3% compared to 2020. The maximum volume was recorded in 2020 at 17 030 tons, while the largest increase occurred in 2019 with growth of 289.9%. Overall, imports peaked in 2020 and dropped to their minimum in 2021, representing a 6.8-fold difference between these years.

Annual dynamics of product's imports to Mexico in kind, 2018-2021, t

From 2018 to 2021, Mexico's wood in the rough import market was highly concentrated, with the United States accounting for 100.0% of total import volume.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Mexico in kind, 2018-2021

Imports in value, K $ US

Volatility characterized Mexico's wood in the rough import market during these years. Import value reached its lowest point in 2021 at approximately 951 thousand US dollars, reflecting a loss of 91.6% compared to the previous year. The maximum value was recorded in 2019 at 11 604 thousand US dollars, with the largest increase occurring that same year at 14.8%. Overall, imports peaked in 2019 and dropped to their minimum in 2021, representing a 12.2-fold difference between these years.

Annual dynamics of product's imports to Mexico in value, 2018-2021, K $ US

From 2018 to 2021, Mexico's wood in the rough imports in value terms were highly concentrated on the United States, which accounted for 100.0% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Mexico in value, 2018-2021