Mexico (MEX) and United Kingdom (GBR) Trade | The Observatory of Economic Complexity

About

Mexico-United Kingdom In 2022, Mexico exported $4.53B to United Kingdom. The main products that Mexico exported to United Kingdom are Gold ($1.47B), Cars ($911M), and Broadcasting Equipment ($205M). During the last 27 years the exports of Mexico to United Kingdom have increased at an annualized rate of 7.95%, from $575M in 1995 to $4.53B in 2022.

In 2022, Mexico did not export any services to United Kingdom.

United Kingdom-Mexico In 2022, United Kingdom exported $1.69B to Mexico. The main products that United Kingdom exported to Mexico were Hard Liquor ($183M), Packaged Medicaments ($145M), and Cars ($135M). During the last 27 years the exports of United Kingdom to Mexico have increased at an annualized rate of 4.53%, from $512M in 1995 to $1.69B in 2022.

In 2019, United Kingdom exported services to Mexico worth $830M, with Other business services ($255M), Travel ($217M), and Transportation ($143M) being the largest in terms of value.

Comparison In 2022, Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $4.53B to United Kingdom. The main products exported from Mexico to United Kingdom were Gold ($1.47B), Cars ($911M), and Broadcasting Equipment ($205M). During the last 27 years the exports of Mexico to United Kingdom have increased at an annualized rate of 7.95%, from $575M in 1995 to $4.53B in 2022.

In 2022, United Kingdom exported $1.69B to Mexico. The main products exported from United Kingdom to Mexico were Hard Liquor ($183M), Packaged Medicaments ($145M), and Cars ($135M). During the last 27 years the exports of United Kingdom to Mexico have increased at an annualized rate of 4.53%, from $512M in 1995 to $1.69B in 2022.

Exports from Mexico () to United Kingdom () (2022)

Exports from United Kingdom () to Mexico () (2022)

Latest Data

Trade between Mexico () and United Kingdom ()

Mexico Exports

Date

United Kingdom Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

United Kingdom
Top DestinationUnited States$61.8B

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

In 2021, countries that imported more from Mexico than United Kingdom were United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

In 2021, countries that imported more from United Kingdom than Mexico were Netherlands ($41.9B), Germany ($40.6B), and Ireland ($32.6B).

Difference in imports from United Kingdom () and Mexico () (2022)

Comparative Advantage Mexico - United Kingdom

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with United Kingdom in the exports of Precious Metals ($1.49B), Transportation ($1.03B), and Machines ($894M).

During 2022, United Kingdom had a large net trade with Mexico in the exports of Machines ($429M), Chemical Products ($393M), and Transportation ($256M).

Service Trade

Bilateral Service Trade

Gbr Year

In 2019, United Kingdom exported services to Mexico worth $830M, with Other business services ($255M), Travel ($217M), and Transportation ($143M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom () to Mexico () (2019)

Economic Complexity

Competitive Landscape

Year

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 United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to United Kingdom () (2022)

Exports from United Kingdom () to Mexico () (2022)

Latest Data

Trade between Mexico () and United Kingdom ()

Mexico Exports

United Kingdom Exports

Market Competitiveness

Difference in imports from United Kingdom () and Mexico () (2022)

Comparative Advantage Mexico - United Kingdom

Service Trade

Bilateral Service Trade

Services Exports from United Kingdom () to Mexico () (2019)

Economic Complexity

Competitive Landscape

Product Space of Mexico () and United Kingdom () (2022)

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