Flag Mexico / China Flag

2019
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Exports
: $8.86B, Rnk 3 / 151

2019
FlagFlag
Top Product
: $2.06B, Copper Ore

2019
FlagFlag
Exports
: $62.5B, Rnk 10 / 209

2019
FlagFlag
Top Product
: $3.84B, Office Machine Parts

2019
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Economic Complexity (ECI)
: ECI 1.22, Rnk 21 / 146

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 29 / 146

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
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
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GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 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
Flag
GDP PC
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
Flag
GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 187

Mexico-China In 2019, Mexico exported $8.86B to China. The main products that Mexico exported to China are Copper Ore ($2.06B), Vehicle Parts ($699M), and Cars ($592M). During the last 24 years the exports of Mexico to China have increased at an annualized rate of 17.9%, from $170M in 1995 to $8.86B in 2019.

In 2019, Mexico did not export any services to China.

China-Mexico In 2019, China exported $62.5B to Mexico . The main products that China exported to Mexico were Office Machine Parts ($3.84B), Telephones ($3.8B), and Integrated Circuits ($3.61B). During the last 24 years the exports of China to Mexico have increased at an annualized rate of 23.9%, from $366M in 1995 to $62.5B in 2019.

In 2019, China did not export any services to Mexico.

Comparison In 2019,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.22), and 9 in total exports ($480B). That same year, China ranked 29 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($2.57T).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Mexico exported $8.86B to China. The main products exported from Mexico to China were Copper Ore ($2.06B), Vehicle Parts ($699M), and Cars ($592M). During the last 24 years the exports of Mexico to China have increased at an annualized rate of 17.9%, from $170M in 1995 to $8.86B in 2019.

In 2019, China exported $62.5B to Mexico. The main products exported from China to Mexico were Office Machine Parts ($3.84B), Telephones ($3.8B), and Integrated Circuits ($3.61B). During the last 24 years the exports of China to Mexico have increased at an annualized rate of 23.9%, from $366M in 1995 to $62.5B in 2019.

Mexico Exports

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Market Competitiveness

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Measure

Mexico
Top Destination
: United States, $361B

China
Top Destination
: United States, $429B

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

In 2019, countries that imported more from Mexico than China were Nicaragua ($771M).

In 2019, countries that imported more from China than Mexico were Hong Kong ($268B), Japan ($152B), and South Korea ($108B).

Comparative Advantage Mexico - China

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Depth

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

During 2019, Mexico had a large net trade with China in the exports of Mineral Products ($3.08B), Machines ($1.64B), and Transportation ($1.33B).

During 2019, China had a large net trade with Mexico in the exports of Machines ($35.9B), Transportation ($4.53B), and Metals ($3.6B).

Tariff Section

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

In 2017, the products from Mexico that paid the highest import tariffs to enter China 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 China that paid the highest import tariffs to enter Mexico were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

*The tariffs present between Mexico and China are:
136: Most Favoured Nation duty rate treatement

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 China. Similarly, the more red a dot/product is, the more China has comparative advantage over Mexico.