Mexico (MEX) and United States (USA) Trade | OEC - The Observatory of Economic Complexity

About

Mexico-United States In 2020, Mexico exported $326B to United States. The main products that Mexico exported to United States are Cars ($29.1B), Computers ($28.5B), and Vehicle Parts ($22.9B). During the last 25 years the exports of Mexico to United States have increased at an annualized rate of 6.66%, from $65B in 1995 to $326B in 2020.

In 2020, Mexico did not export any services to United States.

United States-Mexico In 2020, United States exported $196B to Mexico . The main products that United States exported to Mexico were Refined Petroleum ($16.8B), Vehicle Parts ($12.5B), and Integrated Circuits ($9.05B). During the last 25 years the exports of United States to Mexico have increased at an annualized rate of 5.92%, from $46.5B in 1995 to $196B in 2020.

In 2011, United States exported services to Mexico worth $21.7B, with Travel ($13.4B), Transportation ($4.09B), and Royalties and license fees ($3.05B) being the largest in terms of value.

Comparison In 2020, Mexico ranked 21 in the Economic Complexity Index (ECI 1.15), and 9 in total exports ($427B). That same year, United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T).

Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

In 2020, Mexico exported $326B to United States. The main products exported from Mexico to United States were Cars ($29.1B), Computers ($28.5B), and Vehicle Parts ($22.9B). During the last 25 years the exports of Mexico to United States have increased at an annualized rate of 6.66%, from $65B in 1995 to $326B in 2020.

In 2020, United States exported $196B to Mexico. The main products exported from United States to Mexico were Refined Petroleum ($16.8B), Vehicle Parts ($12.5B), and Integrated Circuits ($9.05B). During the last 25 years the exports of United States to Mexico have increased at an annualized rate of 5.92%, from $46.5B in 1995 to $196B in 2020.

Latest Data

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Mexico Exports

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Date

United States Exports

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Date

Market Competitiveness

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Measure

SectionYear

Mexico
Top Destination: United States, $326B

United States
Top Destination: Canada, $218B

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

In 2019, no countries were registered that imported more from Mexico than from United States.

In 2019, countries that imported more from United States than Mexico were Canada ($218B), China ($122B), and Japan ($63.1B).

Comparative Advantage Mexico - United States

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Flow

Year

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

During 2020, Mexico had a large net trade with United States in the exports of Machines ($131B), Transportation ($83.1B), and Instruments ($16.8B).

During 2020, United States had a large net trade with Mexico in the exports of Machines ($67B), Mineral Products ($25.5B), and Plastics and Rubbers ($17.2B).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between Mexico and United States (using the HS6 product classification and the last year reported).

In 2017, the products from Mexico that paid the highest import tariffs to enter United States were Footwear, rubber, plastic, straps fix to sole by plug (30%)and Sports footwear, sole rubber or plastic, upper textil (26.7%).

In 2019, the products from United States that paid the highest import tariffs to enter Mexico were Ground-nuts otherwise prepared or preserved (44.7%)and Yogurt (20%).

*The tariffs present between Mexico and United States are:
136: Most Favoured Nation duty rate treatement
142: North American Free Trade Agreement (NAFTA)

Service Trade

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Bilateral Service Trade

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Usa Year

In 2011, United States exported services to Mexico worth $21.7B, with Travel ($13.4B), Transportation ($4.09B), and Royalties and license fees ($3.05B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more Mexico has comparative advantage over United States. Similarly, the more red a dot/product is, the more United States has comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Latest Data

Mexico Exports

United States Exports

Market Competitiveness

Comparative Advantage Mexico - United States

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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