Flag United States / Mexico Flag

2020
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Exports
: $196B, Rnk 2 / 218

2020
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Top Product
: $16.8B, Refined Petroleum

2020
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Exports
: $326B, Rnk 1 / 156

2020
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Top Product
: $29.1B, Cars

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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Economic Complexity (ECI)
: ECI 1.15, Rnk 21 / 127

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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 GDP
: $1.07T, CURRENT US$
Rnk 15 / 195

2010-2020
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GDP GROWTH
: 1.52%, CURRENT US$
Rnk 156 / 195

2020
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GDP PC 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

2020
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GDP PC
: $8,329, CURRENT US$
Rnk 80 / 195

2010-2020
Flag
GDP PC GROWTH
: -10.2%, CURRENT US$
Rnk 159 / 195

United States-Mexico In 2020, United States exported $196B to Mexico. The main products that United States exported to Mexico are Refined Petroleum ($16.8B), Motor vehicles; parts and accessories (8701 to 8705) ($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.

Mexico-United States In 2020, Mexico exported $326B to United States. The main products that Mexico exported to United States were Cars ($29.1B), Computers ($28.5B), and Motor vehicles; parts and accessories (8701 to 8705) ($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.

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

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United States exported $196B to Mexico. The main products exported from United States to Mexico were Refined Petroleum ($16.8B), Motor vehicles; parts and accessories (8701 to 8705) ($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 2020, Mexico exported $326B to United States. The main products exported from Mexico to United States were Cars ($29.1B), Computers ($28.5B), and Motor vehicles; parts and accessories (8701 to 8705) ($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.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Mexico
Top Destination
: United States, $326B

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

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

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

Comparative Advantage United States - Mexico

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Flow

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

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).

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

Bilateral Service Trade

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