Mexico (MEX) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Mexico-Czechia Trade: In 2022, Mexico exported $746M to Czechia. The main products that Mexico exported to Czechia were Cars ($99.4M), Electrical Capacitors ($75.7M), and Broadcasting Equipment ($57.7M). Over the past 5 years the exports of Mexico to Czechia have increased at an annualized rate of 3.04%, from $642M in 2017 to $746M in 2022.

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

Czechia-Mexico Trade: In 2022, Czechia exported $951M to Mexico. The main products that Czechia exported to Mexico were Cars ($214M), Motor vehicles; parts and accessories (8701 to 8705) ($68.4M), and Low-voltage Protection Equipment ($49.1M). Over the past 5 years the exports of Czechia to Mexico have increased at an annualized rate of 1.39%, from $888M in 2017 to $951M in 2022.

In 2019, Czechia exported services to Mexico worth $64.3M, with Transportation ($22.9M), Travel ($22.9M), and Computer and information services ($8.17M) being the largest in terms of value.

Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $746M to Czechia. The main products exported from Mexico to Czechia were Cars ($99.4M), Electrical Capacitors ($75.7M), and Broadcasting Equipment ($57.7M). During the last 5 years the exports of Mexico to Czechia have increased at an annualized rate of 3.04%, from $642M in 2017 to $746M in 2022.

In 2017, Czechia exported $951M to Mexico. The main products exported from Czechia to Mexico were Cars ($214M), Motor vehicles; parts and accessories (8701 to 8705) ($68.4M), and Low-voltage Protection Equipment ($49.1M). During the last 5 years the exports of Czechia to Mexico have increased at an annualized rate of 1.39%, from $888M in 2022 to $951M in 2017.

Exports from Mexico () to Czechia () (2022)

Exports from Czechia () to Mexico () (2022)

Latest Data

Trade between Mexico () and Czechia ()

Mexico Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Czechia
Top DestinationGermany$75.3B

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 2022, countries that imported more from Mexico than Czechia included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Czechia than Mexico included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Mexico - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Czechia in the exports of Machines ($401M), Transportation ($109M), and Instruments ($80.5M).

During 2017, Czechia had a large net trade with Mexico in the exports of Machines ($364M), Transportation ($286M), and Plastics and Rubbers ($92.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Czechia+$102MComputers

Top Product Potential Czechia Mexico+$143MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

Cze Year

In 2019, Czechia exported services to Mexico worth $64.3M, with Transportation ($22.9M), Travel ($22.9M), and Computer and information services ($8.17M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia () to Mexico () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Mexico and Czechia. This means that a dot/product with the flag of Mexico indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Czechia () (2022)

Exports from Czechia () to Mexico () (2022)

Latest Data

Trade between Mexico () and Czechia ()

Mexico Exports

Czechia Exports

Market Competitiveness

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

Comparative Advantage Mexico - Czechia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Czechia () to Mexico () (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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