NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $104BRnk 9 / 208
2023
Flag → Flag
Top Product $10.9BBroadcasting Equipment
2023
Flag → Flag
Exports $15BRnk 3 / 158
2023
Flag → Flag
Top Product $3BCopper Ore
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.09Rnk 25 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH22.9%CURRENT US$
Rnk 94 / 195

About

China-Mexico Trade: In 2023, China exported $104B to Mexico. The main products that China exported to Mexico were Broadcasting Equipment ($10.9B), Office Machine Parts ($5.55B), and Cars ($4.47B). Over the past 5 years the exports of China to Mexico have increased at an annualized rate of 6.25%, from $76.6B in 2018 to $104B in 2023.

In 2023, China did not export any services to Mexico.

Mexico-China Trade: In 2023, Mexico exported $15B to China. The main products that Mexico exported to China were Copper Ore ($3B), Integrated Circuits ($1.69B), and Precious Metal Ore ($1.6B). Over the past 5 years the exports of Mexico to China have increased at an annualized rate of 4.97%,  from $11.8B in 2018 to $15B in 2023.

In 2023, Mexico did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $7.27B and imported $1.52B from Mexico, resulting in a positive trade balance of $5.74B. Between December 2023 and December 2024 the exports of China have increased by $553M (8.23%) from $6.71B to $7.27B, while imports increased by $12.3M (0.81%) from $1.51B to $1.52B.

Trade In December 2024, the top exports of China to Mexico were Telephones ($536M), Motor vehicles; parts and accessories (8701... ($379M), Cars ($340M), Sound Recordings ($215M), and Commodities not elsewhere specified ($206M). In December 2024 the top imports of China from Mexico were Copper Ore ($268M), Precious Metal Ore ($216M), Integrated Circuits ($181M), Medical Instruments ($169M), and Motor vehicles; parts and accessories (8701... ($119M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($1.72B), Zhejiang Province ($1.21B), Jiangsu Province ($1.13B), Shandong Province ($662M), and Shanghai Province ($656M), while imports destinations were mainly Shanghai Province ($240M), Guangdong Province ($233M), Jiangsu Province ($135M), Beijing ($126M), and Zhejiang Province ($124M).

Growth In December 2024, the increase in China's year-by-year exports to Mexico was explained primarily by an increase in product exports in Commodities not elsewhere specified ($134M or 185%), Telephones ($123M or 29.8%), and Air Conditioners ($57.2M or 68%). In December 2024, the increase in China's year-by-year imports  from Mexico was explained primarily by an increase in product imports  in Copper Ore ($195M or 266%), Precious Metal Ore ($124M or 136%), and Motor vehicles; parts and accessories (8701... ($48.1M or 67.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$553M(8.23%)
IMPORT GROWTH (December 2023 - December 2024)$12.3M(0.81%)
MAIN EXPORTER (December 2024)Guangdong Province$1.72B

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Mexico and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mexico and China Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $104B to Mexico. The main products exported from China to Mexico were Broadcasting Equipment ($10.9B), Office Machine Parts ($5.55B), and Cars ($4.47B). During the last 5 years the exports of China to Mexico have increased at an annualized rate of 6.25%, from $76.6B in 2018 to $104B in 2023.

In 2018, Mexico exported $15B to China. The main products exported from Mexico to China were Copper Ore ($3B), Integrated Circuits ($1.69B), and Precious Metal Ore ($1.6B). During the last 5 years the exports of Mexico to China have increased at an annualized rate of 4.97%, from $11.8B in 2023 to $15B in 2018.

Exports from China (Flag) to Mexico (Flag) (2023)

Exports from Mexico (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Mexico
Top DestinationUnited States$456B

This map shows whether countries import more from China or Mexico. Each country is colored based on the difference in imports they receive from China and Mexico or the difference in the growth in imports.

In 2023, countries that imported more from China than Mexico included Hong Kong ($259B), Japan ($169B), and Germany ($164B).

In 2023, countries that imported more from Mexico than China included United States ($456B) and Guam ($1.18k).

Difference in imports from Mexico (Flag) and China (Flag) (2023)

Comparative Advantage China - Mexico

Flow
Scale

This chart compares trade between China and Mexico by product, considering products traded by both, China and Mexico.

During 2023, China had a large net trade with Mexico in the exports of Machines ($58.6B), Transportation ($11.5B), and Metals ($7.81B).

During 2018, Mexico had a large net trade with China in the exports of Mineral Products ($6.13B), Machines ($4.17B), and Instruments ($1.79B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Mexico+$1.05BIntegrated Circuits
Top Product Potential Mexico China+$891MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Mexico. This means that a dot/product with the flag of China indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over China.

Product Space of China (Flag) and Mexico (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms