2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
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GDP GROWTH
99%CURRENT US$
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2022
Flag
 GDP
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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GDP PC 
$54,660CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
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2022
Flag
GDP PC
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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About

Israel-Mexico Trade: In 2022, Israel exported $635M to Mexico. The main products that Israel exported to Mexico were Integrated Circuits ($71.8M), Medical Instruments ($64M), and Broadcasting Equipment ($52.1M). Over the past 5 years the exports of Israel to Mexico have increased at an annualized rate of 1.34%, from $594M in 2017 to $635M in 2022.

In 2012, Israel exported services to Mexico worth $25.1M, with Computer and information services ($22.1M) and Construction services ($3.03M) being the largest in terms of value.

Mexico-Israel Trade: In 2022, Mexico exported $109M to Israel. The main products that Mexico exported to Israel were Broadcasting Equipment ($35.4M), Cars ($22.4M), and Office Machine Parts ($4.4M). Over the past 5 years the exports of Mexico to Israel have decreased at an annualized rate of 9.21%,  from $215M in 2017 to $109M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $635M to Mexico. The main products exported from Israel to Mexico were Integrated Circuits ($71.8M), Medical Instruments ($64M), and Broadcasting Equipment ($52.1M). During the last 5 years the exports of Israel to Mexico have increased at an annualized rate of 1.34%, from $594M in 2017 to $635M in 2022.

In 2017, Mexico exported $109M to Israel. The main products exported from Mexico to Israel were Broadcasting Equipment ($35.4M), Cars ($22.4M), and Office Machine Parts ($4.4M). During the last 5 years the exports of Mexico to Israel have decreased at an annualized rate of 9.21%, from $215M in 2022 to $109M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Mexico (Flag)

Israel Exports

Mexico Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Mexico
Top Destination
United States$421B

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

In 2022, countries that imported more from Israel than Mexico included Palestine ($4.6B), Ireland ($3.86B), and Turkey ($2.33B).

In 2022, countries that imported more from Mexico than Israel included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Israel - Mexico

Flow
Scale

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

During 2022, Israel had a large net trade with Mexico in the exports of Machines ($329M), Instruments ($87.6M), and Chemical Products ($83.5M).

During 2017, Mexico had a large net trade with Israel in the exports of Machines ($52.2M), Transportation ($24.7M), and Foodstuffs ($9.76M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Mexico+$55.5MIntegrated Circuits
Top Product Potential Mexico Israel+$54.2MCars

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 Israel and Mexico. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Israel.

Product Space of Israel (Flag) and Mexico (Flag) (2022)

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