Flag Mexico / Czechia Flag

2020
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Exports
: $750M, Rnk 32 / 156

2020
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Top Product
: $115M, Broadcasting Equipment

2020
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Exports
: $1.26B, Rnk 21 / 205

2020
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Top Product
: $479M, Telephones

2020
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Economic Complexity (ECI)
: ECI 1.15, Rnk 21 / 127

2020
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Economic Complexity (ECI)
: ECI 1.57, Rnk 8 / 127

2020
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GDP
: $1.07T, CURRENT US$
Rnk 15 / 195

2010-2020
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GDP GROWTH
: 1.52%, CURRENT US$
Rnk 156 / 195

2020
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 GDP
: $245B, CURRENT US$
Rnk 46 / 195

2010-2020
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 124 / 195

2020
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GDP PC 
: $8,329, CURRENT US$
Rnk 80 / 195

2010-2020
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GDP PC GROWTH
: -10.2%, CURRENT US$
Rnk 159 / 195

2020
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GDP PC
: $22,931, CURRENT US$
Rnk 42 / 195

2010-2020
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GDP PC GROWTH
: 14.9%, CURRENT US$
Rnk 96 / 195

Mexico-Czechia In 2020, Mexico exported $750M to Czechia. The main products that Mexico exported to Czechia are Broadcasting Equipment ($115M), Cars ($55.9M), and Office Machine Parts ($53.2M). During the last 25 years the exports of Mexico to Czechia have increased at an annualized rate of 19.7%, from $8.45M in 1995 to $750M in 2020.

In 2020, Mexico did not export any services to Czechia.

Czechia-Mexico In 2020, Czechia exported $1.26B to Mexico . The main products that Czechia exported to Mexico were Telephones ($479M), Broadcasting Equipment ($167M), and Cars ($69.7M). During the last 25 years the exports of Czechia to Mexico have increased at an annualized rate of 18.6%, from $17.8M in 1995 to $1.26B in 2020.

In 2018, Czechia exported services to Mexico worth $68.6M, with Travel ($23.9M), Transportation ($22.1M), and Other business services ($14.9M) being the largest in terms of value.

Comparison In 2020,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.15), and 9 in total exports ($427B). That same year, Czechia ranked 8 in the Economic Complexity Index (ECI 1.57), and 27 in total exports ($190B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Mexico exported $750M to Czechia. The main products exported from Mexico to Czechia were Broadcasting Equipment ($115M), Cars ($55.9M), and Office Machine Parts ($53.2M). During the last 25 years the exports of Mexico to Czechia have increased at an annualized rate of 19.7%, from $8.45M in 1995 to $750M in 2020.

In 2020, Czechia exported $1.26B to Mexico. The main products exported from Czechia to Mexico were Telephones ($479M), Broadcasting Equipment ($167M), and Cars ($69.7M). During the last 25 years the exports of Czechia to Mexico have increased at an annualized rate of 18.6%, from $17.8M in 1995 to $1.26B in 2020.

Mexico Exports

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Czechia Exports

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Market Competitiveness

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Measure

Mexico
Top Destination
: United States, $326B

Czechia
Top Destination
: Germany, $60.6B

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

In 2019, countries that imported more from Mexico than Czechia were United States ($326B), Canada ($16.1B), and China ($8.82B).

In 2019, countries that imported more from Czechia than Mexico were Germany ($60.6B), Slovakia ($14.2B), and Poland ($11.7B).

Comparative Advantage Mexico - Czechia

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Flow

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

During 2020, Mexico had a large net trade with Czechia in the exports of Machines ($470M), Instruments ($81.5M), and Transportation ($65M).

During 2020, Czechia had a large net trade with Mexico in the exports of Machines ($935M), Transportation ($125M), and Plastics and Rubbers ($58M).

Tariff Section

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

In 2017, the products from Mexico that paid the highest import tariffs to enter Czechia 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 2019, the products from Czechia that paid the highest import tariffs to enter Mexico were Vermouth and other flavoured grape wines - pack > 2l (72.3k%)and Meat and edible meat offal: salted, in brine, dried or smoked: edible flours, meals of meat or meat offal, of whales, dolphins, porpoises (of order Cetacea): manatees, dugongs (of order Sirenia): seals, sea lions, and walruses (of suborder Pinnipedia) (242%).

*The tariffs present between Mexico and Czechia are:
136: Most Favoured Nation duty rate treatement
219: Preferential tariff for European Union countries (AA) Association Agreement

Bilateral Service Trade

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In 2018, Czechia exported services to Mexico worth $68.6M, with Travel ($23.9M), Transportation ($22.1M), and Other business services ($14.9M) 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 Czechia. Similarly, the more red a dot/product is, the more Czechia has comparative advantage over Mexico.