Flag Mexico / Canada Flag

2019
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Exports
: $21.3B, Rnk 2 / 151

2019
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Top Product
: $3.4B, Cars

2019
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Exports
: $6.18B, Rnk 5 / 214

2019
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Top Product
: $903M, Vehicle Parts

2019
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Economic Complexity (ECI)
: ECI 1.27, Rnk 21 / 157

2019
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Economic Complexity (ECI)
: ECI 1.06, Rnk 30 / 157

2019
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GDP
: $1.27T, CURRENT US$
Rnk 15 / 187

2009-2019
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GDP GROWTH
: 41%, CURRENT US$
Rnk 106 / 187

2019
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 GDP
: $1.74T, CURRENT US$
Rnk 10 / 187

2009-2019
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GDP GROWTH
: 26.6%, CURRENT US$
Rnk 134 / 187

2019
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GDP PC 
: $9,946, CURRENT US$
Rnk 72 / 187

2009-2019
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GDP PC GROWTH
: 24.3%, CURRENT US$
Rnk 105 / 187

2019
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GDP PC 
: $46,195, CURRENT US$
Rnk 20 / 187

2009-2019
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GDP PC GROWTH
: 13.3%, CURRENT US$
Rnk 132 / 187

Mexico-Canada: In 2019, Mexico exported $21.3B to Canada. The main products that Mexico exported to Canada are Cars ($3.4B), Vehicle Parts ($1.83B), and Spark-Ignition Engines ($1.3B). During the last 24 years the exports of Mexico to Canada have increased at an annualized rate of 8.65%, from $2.91B in 1995 to $21.3B in 2019.

In 2019, Mexico did not exported services to Canada.

Canada-Mexico: In 2019, Canada exported $6.18B to Mexico . The main products that Canada exported to Mexico were Vehicle Parts ($903M), Rapeseed ($393M), and Raw Aluminium ($279M). During the last 24 years the exports of Canada to Mexico have increased at an annualized rate of 7.48%, from $1.09B in 1995 to $6.18B in 2019.

In 2017, Canada exported services to Mexico worth $535M, with Travel ($414M), Transportation ($101M), and Government services, n.i.e. ($20M) being the largest in terms of value.

Comparison: In 2019,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.27), and 9 in total exports ($480B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 1.06), and 11 in total exports ($431B).

Bilateral Trade by Products

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Depth
Value

In 2019, Mexico exported $21.3B to Canada. The main products exported from Mexico to Canada were Cars ($3.4B), Vehicle Parts ($1.83B), and Spark-Ignition Engines ($1.3B). During the last 24 years the exports of Mexico to Canada have increased at an annualized rate of 8.65%, from $2.91B in 1995 to $21.3B in 2019.

In 2019, Canada exported $6.18B to Mexico. The main products exported from Canada to Mexico were Vehicle Parts ($903M), Rapeseed ($393M), and Raw Aluminium ($279M). During the last 24 years the exports of Canada to Mexico have increased at an annualized rate of 7.48%, from $1.09B in 1995 to $6.18B in 2019.

Market Competitiveness

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Measure

Mexico
Top Destination
: United States, $361B

Canada
Top Destination
: United States, $314B

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

In 2019, countries that imported more from Mexico than Canada were United States ($361B), Chinese Taipei ($6.98B), and Germany ($8.73B).

In 2019, countries that imported more from Canada than Mexico were United Kingdom ($13.8B), China ($18.5B), and Japan ($9.92B).

Comparative Advantage Mexico - Canada

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Depth

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

During 2019, Mexico had a large net trade with Canada in the exports of Transportation ($8.48B), Machines ($7.43B), and Vegetable Products ($1B).

During 2019, Canada had a large net trade with Mexico in the exports of Machines ($1.27B), Transportation ($1.15B), and Metals ($891M).

Tariff Section

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This section shows import tariffs for products traded between Mexico and Canada (using the HS6 product classification and the last year reported).

In 2017, the products from Mexico that paid the highest import tariffs to enter Canada were Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, fresh or chilled (75%) and Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, frozen (75%).

In 2018, the products from Canada that paid the highest import tariffs to enter Mexico were Dairy produce: derived from milk, butter (299%) and Chocolate/cocoa food preparations nes (265%).

Explore Tariff Data

*The tariffs present between Mexico and Canada are:
136: Most Favoured Nation duty rate treatement
142: North American Free Trade Agreement (NAFTA)

Bilateral Service Trade

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In 2017, Canada exported services to Mexico worth $535M, with Travel ($414M), Transportation ($101M), and Government services, n.i.e. ($20M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Mexico has comparative advantage over Canada. Similarly, the more red a dot/product is, the more Canada has comparative advantage over Mexico.