2022
Flag  
GDP
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
Flag
 GDP
$409BCURRENT US$
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2012-2022
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GDP GROWTH
109%CURRENT US$
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2022
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GDP PC 
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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2022
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GDP PC
$4,164CURRENT US$
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2012-2022
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GDP PC GROWTH
90.1%CURRENT US$
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About

Mexico-Vietnam In 2022, Mexico exported $482M to Vietnam. The main products that Mexico exported to Vietnam are Integrated Circuits ($85.7M), Other Coloring Matter ($28.3M), and Broadcasting Equipment ($25.3M). During the last 27 years the exports of Mexico to Vietnam have increased at an annualized rate of 33.6%, from $194k in 1995 to $482M in 2022.

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

Vietnam-Mexico In 2022, Vietnam exported $5.51B to Mexico. The main products that Vietnam exported to Mexico were Broadcasting Equipment ($716M), Broadcasting Accessories ($547M), and Integrated Circuits ($532M). During the last 27 years the exports of Vietnam to Mexico have increased at an annualized rate of 27.5%, from $7.81M in 1995 to $5.51B in 2022.

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

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $482M to Vietnam. The main products exported from Mexico to Vietnam were Integrated Circuits ($85.7M), Other Coloring Matter ($28.3M), and Broadcasting Equipment ($25.3M). During the last 27 years the exports of Mexico to Vietnam have increased at an annualized rate of 33.6%, from $194k in 1995 to $482M in 2022.

In 2022, Vietnam exported $5.51B to Mexico. The main products exported from Vietnam to Mexico were Broadcasting Equipment ($716M), Broadcasting Accessories ($547M), and Integrated Circuits ($532M). During the last 27 years the exports of Vietnam to Mexico have increased at an annualized rate of 27.5%, from $7.81M in 1995 to $5.51B in 2022.

Exports from Mexico (Flag) to Vietnam (Flag) (2022)

Exports from Vietnam (Flag) to Mexico (Flag) (2022)

Latest Data

Trade between Mexico (Flag) and Vietnam (Flag)

Mexico Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Vietnam
Top Destination
United States$117B

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

In 2021, countries that imported more from Mexico than Vietnam were United States ($421B), Canada ($22.2B), and Colombia ($3.6B).

In 2021, countries that imported more from Vietnam than Mexico were China ($58.7B), Japan ($25B), and South Korea ($25.2B).

Difference in imports from Vietnam (Flag) and Mexico (Flag) (2022)

Comparative Advantage Mexico - Vietnam

Flow
Scale

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

During 2022, Mexico had a large net trade with Vietnam in the exports of Machines ($247M), Chemical Products ($50.3M), and Metals ($35.7M).

During 2022, Vietnam had a large net trade with Mexico in the exports of Machines ($3.27B), Footwear and Headwear ($460M), and Metals ($449M).

Economic Complexity

Competitive Landscape

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

Product Space of Mexico (Flag) and Vietnam (Flag) (2022)

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