Flag Mexico / China Flag

2021
FlagFlag
Exports
: $9.82B, Rnk 3 / 152

2021
FlagFlag
Top Product
: $3.34B, Copper Ore

2021
FlagFlag
Exports
: $83.9B, Rnk 10 / 209

2021
FlagFlag
Top Product
: $7.51B, Broadcasting Equipment

2021
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Economic Complexity (ECI)
: ECI 1.09, Rnk 23 / 131

2021
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Economic Complexity (ECI)
: ECI 1.07, Rnk 25 / 131

2021
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GDP
: $1.29T, CURRENT US$
Rnk 15 / 182

2011-2021
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GDP GROWTH
: 9.53%, CURRENT US$
Rnk 132 / 182

2021
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 GDP
: $17.7T, CURRENT US$
Rnk 2 / 182

2011-2021
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GDP GROWTH
: 135%, CURRENT US$
Rnk 6 / 182

2021
Flag
GDP PC 
: $9,926, CURRENT US$
Rnk 67 / 182

2011-2021
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GDP PC GROWTH
: -2.71%, CURRENT US$
Rnk 133 / 182

2021
Flag
GDP PC
: $12,556, CURRENT US$
Rnk 58 / 182

2011-2021
Flag
GDP PC GROWTH
: 124%, CURRENT US$
Rnk 4 / 182

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

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Bilateral Trade by Products

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Depth
Value

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.

Mexico Exports

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Market Competitiveness

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Color

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

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Flow
Scale

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

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Competitive Landscape

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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.