Mexico (MEX) and Japan (JPN) Trade | The Observatory of Economic Complexity

About

Mexico-Japan In 2022, Mexico exported $4.94B to Japan. The main products that Mexico exported to Japan are Pig Meat ($589M), Crude Petroleum ($341M), and Cars ($331M). During the last 27 years the exports of Mexico to Japan have increased at an annualized rate of 5.07%, from $1.3B in 1995 to $4.94B in 2022.

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

Japan-Mexico In 2022, Japan exported $11.3B to Mexico. The main products that Japan exported to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($1.42B), Cars ($1.12B), and Flat Flat-Rolled Steel ($683M). During the last 27 years the exports of Japan to Mexico have increased at an annualized rate of 4.42%, from $3.53B in 1995 to $11.3B in 2022.

In 2009, Japan exported services to Mexico worth $1.19B, with Services not allocated ($594M), Royalties and license fees ($251M), and Construction services ($134M) 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, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $4.94B to Japan. The main products exported from Mexico to Japan were Pig Meat ($589M), Crude Petroleum ($341M), and Cars ($331M). During the last 27 years the exports of Mexico to Japan have increased at an annualized rate of 5.07%, from $1.3B in 1995 to $4.94B in 2022.

In 2022, Japan exported $11.3B to Mexico. The main products exported from Japan to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($1.42B), Cars ($1.12B), and Flat Flat-Rolled Steel ($683M). During the last 27 years the exports of Japan to Mexico have increased at an annualized rate of 4.42%, from $3.53B in 1995 to $11.3B in 2022.

Exports from Mexico () to Japan () (2022)

Exports from Japan () to Mexico () (2022)

Latest Data

Trade between Mexico () and Japan ()

Mexico Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Japan
Top DestinationUnited States$137B

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

In 2021, countries that imported more from Mexico than Japan were United States ($421B), Canada ($22.2B), and Guatemala ($2.86B).

In 2021, countries that imported more from Japan than Mexico were China ($135B), South Korea ($50.8B), and Chinese Taipei ($50.1B).

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

Comparative Advantage Mexico - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Japan in the exports of Machines ($1.2B), Mineral Products ($865M), and Animal Products ($741M).

During 2022, Japan had a large net trade with Mexico in the exports of Machines ($4.21B), Transportation ($2.97B), and Metals ($2.2B).

Service Trade

Bilateral Service Trade

Jpn Year

In 2009, Japan exported services to Mexico worth $1.19B, with Services not allocated ($594M), Royalties and license fees ($251M), and Construction services ($134M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Japan () to Mexico () (2009)

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Japan () (2022)

Exports from Japan () to Mexico () (2022)

Latest Data

Trade between Mexico () and Japan ()

Mexico Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Mexico - Japan

Service Trade

Bilateral Service Trade

Services Exports from Japan () to Mexico () (2009)

Economic Complexity

Competitive Landscape

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

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