Mexico (MEX) and China (CHN) Trade | OEC - The Observatory of Economic Complexity

About

Mexico-China In 2021, Mexico exported $9.82B to China. The main products that Mexico exported to China are Copper Ore ($3.34B), Motor vehicles; parts and accessories (8701 to 8705) ($924M), and Lead Ore ($791M). During the last 26 years the exports of Mexico to China have increased at an annualized rate of 16.9%, from $168M in 1995 to $9.82B in 2021.

In 2021, Mexico did not export any services to China.

China-Mexico In 2021, China exported $83.9B to Mexico. The main products that China exported to Mexico were Broadcasting Equipment ($7.51B), Office Machine Parts ($6.84B), and LCDs ($5.66B). During the last 26 years the exports of China to Mexico have increased at an annualized rate of 23%, from $388M in 1995 to $83.9B in 2021.

In 2021, China did not export any services to Mexico.

Comparison In 2021, Mexico ranked 23 in the Economic Complexity Index (ECI 1.09), and 12 in total exports ($474B). That same year, China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Mexico exported $9.82B to China. The main products exported from Mexico to China were Copper Ore ($3.34B), Motor vehicles; parts and accessories (8701 to 8705) ($924M), and Lead Ore ($791M). During the last 26 years the exports of Mexico to China have increased at an annualized rate of 16.9%, from $168M in 1995 to $9.82B in 2021.

In 2021, China exported $83.9B to Mexico. The main products exported from China to Mexico were Broadcasting Equipment ($7.51B), Office Machine Parts ($6.84B), and LCDs ($5.66B). During the last 26 years the exports of China to Mexico have increased at an annualized rate of 23%, from $388M in 1995 to $83.9B in 2021.

Latest Data

Mexico Exports

Date

China Exports

Date

Market Competitiveness

Color

SectionYear

Mexico
Top Destination: United States, $361B

China
Top Destination: United States, $530B

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, no countries were registered that imported more from Mexico than from China.

In 2021, countries that imported more from China than Mexico were Hong Kong ($323B), United States ($530B), and Japan ($168B).

Comparative Advantage Mexico - China

Flow

Scale

Year

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

During 2021, Mexico had a large net trade with China in the exports of Mineral Products ($4.43B), Machines ($1.72B), and Transportation ($1.32B).

During 2021, China had a large net trade with Mexico in the exports of Machines ($44.9B), Instruments ($7.09B), and Metals ($5.94B).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Mexico Exports

China Exports

Market Competitiveness

Comparative Advantage Mexico - China

Economic Complexity

Competitive Landscape

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