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

About

Mexico-China In 2022, Mexico exported $12.7B to China. The main products that Mexico exported to China are Copper Ore ($2.9B), Motor vehicles; parts and accessories (8701 to 8705) ($2.64B), and Precious Metal Ore ($987M). During the last 27 years the exports of Mexico to China have increased at an annualized rate of 17.4%, from $169M in 1995 to $12.7B in 2022.

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

China-Mexico 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). During the last 27 years the exports of China to Mexico have increased at an annualized rate of 22.4%, from $387M in 1995 to $90.9B in 2022.

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

Comparison In 2022, Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 27 years the exports of Mexico to China have increased at an annualized rate of 17.4%, from $169M in 1995 to $12.7B in 2022.

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 27 years the exports of China to Mexico have increased at an annualized rate of 22.4%, from $387M in 1995 to $90.9B in 2022.

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

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

Latest Data

Trade between Mexico () and China ()

Mexico Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationN/AN/A

China
Top DestinationN/AN/A

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.

N/A

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

Comparative Advantage Mexico - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with China in the exports of Mineral Products ($4.82B), Transportation ($3.14B), and Machines ($2.46B).

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

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

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

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

Latest Data

Trade between Mexico () and China ()

Mexico Exports

China Exports

Market Competitiveness

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

Comparative Advantage Mexico - China

Economic Complexity

Competitive Landscape

Product Space of Mexico () and China () (2022)

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