Mexico / Germany

Mexico-Germany Trade: In 2022, Mexico exported $7.16B to Germany. The main products that Mexico exported to Germany were Cars ($3.61B), Orthopedic Appliances ($296M), and Motor vehicles; parts and accessories (8701 to 8705) ($239M). Over the past 5 years the exports of Mexico to Germany have decreased at an annualized rate of 2.53%, from $8.14B in 2017 to $7.16B in 2022.

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

Germany-Mexico Trade: In 2022, Germany exported $16.9B to Mexico. The main products that Germany exported to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($2.35B), Planes, Helicopters, and/or Spacecraft ($1.55B), and Cars ($638M). Over the past 5 years the exports of Germany to Mexico have increased at an annualized rate of 2.72%,  from $14.7B in 2017 to $16.9B in 2022.

In 2020, Germany exported services to Mexico worth $2.38B, with Transportation ($785M), Other business services ($636M), and Royalties and license fees ($611M) 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).