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2022
Flag → Flag
Exports $421BRnk 1 / 156
2022
Flag → Flag
Top Product $36.8BComputers
2022
Flag → Flag
Exports $294BRnk 2 / 219
2022
Flag → Flag
Top Product $39.4BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Mexico-United States Trade: In 2022, Mexico exported $421B to United States. The main products that Mexico exported to United States were Computers ($36.8B), Cars ($34.1B), and Motor vehicles; parts and accessories (8701 to 8705) ($31.8B). Over the past 5 years the exports of Mexico to United States have increased at an annualized rate of 5.49%, from $323B in 2017 to $421B in 2022.

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

United States-Mexico Trade: In 2022, United States exported $294B to Mexico. The main products that United States exported to Mexico were Refined Petroleum ($39.4B), Motor vehicles; parts and accessories (8701 to 8705) ($16.5B), and Petroleum Gas ($15.6B). Over the past 5 years the exports of United States to Mexico have increased at an annualized rate of 3.76%,  from $227B in 2017 to $294B in 2022.

In 2017, United States exported services to Mexico worth $31.5B, with Travel ($15.7B), Other business services ($3.4B), and Royalties and license fees ($3.32B) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $421B to United States. The main products exported from Mexico to United States were Computers ($36.8B), Cars ($34.1B), and Motor vehicles; parts and accessories (8701 to 8705) ($31.8B). During the last 5 years the exports of Mexico to United States have increased at an annualized rate of 5.49%, from $323B in 2017 to $421B in 2022.

In 2017, United States exported $294B to Mexico. The main products exported from United States to Mexico were Refined Petroleum ($39.4B), Motor vehicles; parts and accessories (8701 to 8705) ($16.5B), and Petroleum Gas ($15.6B). During the last 5 years the exports of United States to Mexico have increased at an annualized rate of 3.76%, from $227B in 2022 to $294B in 2017.

Exports from Mexico (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Mexico (Flag) (2022)

Latest Data

Trade between Mexico (Flag) and United States (Flag)

Mexico Exports

United States Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$421B
United States
Top DestinationCanada$308B

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 2022, no countries were registered that imported more from Mexico than from United States.

In 2022, countries that imported more from United States than Mexico included Canada ($308B), China ($151B), and Japan ($79.5B).

Difference in imports from United States (Flag) and Mexico (Flag) (2022)

Comparative Advantage Mexico - United States

Flow
Scale

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

During 2022, Mexico had a large net trade with United States in the exports of Machines ($168B), Transportation ($97.1B), and Mineral Products ($27.5B).

During 2017, United States had a large net trade with Mexico in the exports of Machines ($85.5B), Mineral Products ($58.3B), and Plastics and Rubbers ($25.1B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico United States+$4.31BCars
Top Product Potential United States Mexico+$850MCars

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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Economic Complexity

Competitive Landscape

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

Product Space of Mexico (Flag) and United States (Flag) (2022)

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