Mexico (MEX) and France (FRA) Trade | The Observatory of Economic Complexity

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Mexico-France Trade: In 2022, Mexico exported $2.77B to France. The main products that Mexico exported to France were Medical Instruments ($170M), Gas Turbines ($88.7M), and Vaccines, blood, antisera, toxins and cultures ($81.7M). Over the past 5 years the exports of Mexico to France have increased at an annualized rate of 36.1%, from $594M in 2017 to $2.77B in 2022.

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

France-Mexico Trade: In 2022, France exported $3.86B to Mexico. The main products that France exported to Mexico were Planes, Helicopters, and/or Spacecraft ($491M), Gas Turbines ($296M), and Packaged Medicaments ($212M). Over the past 5 years the exports of France to Mexico have increased at an annualized rate of 32.1%, from $957M in 2017 to $3.86B in 2022.

In 2020, France exported services to Mexico worth $1.39B, with Other business services ($619M), Royalties and license fees ($258M), and Transportation ($234M) 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $2.77B to France. The main products exported from Mexico to France were Medical Instruments ($170M), Gas Turbines ($88.7M), and Vaccines, blood, antisera, toxins and cultures ($81.7M). During the last 5 years the exports of Mexico to France have increased at an annualized rate of 36.1%, from $594M in 2017 to $2.77B in 2022.

In 2017, France exported $3.86B to Mexico. The main products exported from France to Mexico were Planes, Helicopters, and/or Spacecraft ($491M), Gas Turbines ($296M), and Packaged Medicaments ($212M). During the last 22 years the exports of France to Mexico have increased at an annualized rate of 32.1%, from $957M in 1995 to $3.86B in 2017.

Exports from Mexico () to France () (2022)

Exports from France () to Mexico () (2022)

Latest Data

Trade between Mexico () and France ()

Mexico Exports

Date

France Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

France
Top DestinationGermany$78.3B

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

In 2022, countries that imported more from Mexico than France included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

In 2022, countries that imported more from France than Mexico included Germany ($78.3B), Italy ($56.4B), and Belgium ($47.8B).

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

Comparative Advantage Mexico - France

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with France in the exports of Machines ($592M), Instruments ($342M), and Transportation ($137M).

During 2017, France had a large net trade with Mexico in the exports of Chemical Products ($927M), Machines ($912M), and Transportation ($690M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico France+$153MComputers

Top Product Potential France Mexico+$106MPackaged Medicaments

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

Fra Year

In 2020, France exported services to Mexico worth $1.39B, with Other business services ($619M), Royalties and license fees ($258M), and Transportation ($234M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from France () to Mexico () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to France () (2022)

Exports from France () to Mexico () (2022)

Latest Data

Trade between Mexico () and France ()

Mexico Exports

France Exports

Market Competitiveness

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

Comparative Advantage Mexico - France

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from France () to Mexico () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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