2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

China-Mexico Trade: In 2022, China exported $90.9B to Mexico. The main products that China exported to Mexico were Office Machine Parts ($7.98B), Broadcasting Equipment ($6.38B), and Motor vehicles; parts and accessories (8701 to 8705) ($3.57B). Over the past 5 years the exports of China to Mexico have increased at an annualized rate of 10.6%, from $55B in 2017 to $90.9B in 2022.

In 2022, China did not export any services to Mexico.

Mexico-China Trade: In 2022, Mexico exported $12.7B to China. The main products that Mexico exported to China were Copper Ore ($2.9B), Motor vehicles; parts and accessories (8701 to 8705) ($2.64B), and Precious Metal Ore ($987M). Over the past 5 years the exports of Mexico to China have increased at an annualized rate of 8.04%,  from $8.01B in 2017 to $12.7B in 2022.

In 2022, Mexico did not export any services to China.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $90.9B to Mexico. The main products exported from China to Mexico were Office Machine Parts ($7.98B), Broadcasting Equipment ($6.38B), and Motor vehicles; parts and accessories (8701 to 8705) ($3.57B). During the last 5 years the exports of China to Mexico have increased at an annualized rate of 10.6%, from $55B in 2017 to $90.9B in 2022.

In 2017, Mexico exported $12.7B to China. The main products exported from Mexico to China were Copper Ore ($2.9B), Motor vehicles; parts and accessories (8701 to 8705) ($2.64B), and Precious Metal Ore ($987M). During the last 5 years the exports of Mexico to China have increased at an annualized rate of 8.04%, from $8.01B in 2022 to $12.7B in 2017.

Exports from China (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top Destination
N/AN/A
Mexico
Top Destination
N/AN/A

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.

N/A

N/A

Difference in imports from Mexico (Flag) and China (Flag) (2022)

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 2022, China had a large net trade with Mexico in the exports of Machines ($47.6B), Transportation ($8.08B), and Metals ($7.9B).

During 2017, Mexico had a large net trade with China in the exports of Mineral Products ($4.82B), Transportation ($3.14B), and Machines ($2.46B).

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.

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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) (2022)

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