2021
Flag  
GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH
49.5%CURRENT US$
Rnk 51 / 204
2021
Flag
 GDP
$1.27TCURRENT US$
Rnk 15 / 204
2011-2021
Flag
GDP GROWTH
7.82%CURRENT US$
Rnk 151 / 204
2021
Flag
GDP PC 
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 204
2021
Flag
GDP PC
$10,046CURRENT US$
Rnk 86 / 204
2011-2021
Flag
GDP PC GROWTH
-2.86%CURRENT US$
Rnk 155 / 204

About

United States-Mexico In 2021, United States exported $247B to Mexico. The main products that United States exported to Mexico are Refined Petroleum ($25.9B), Motor vehicles; parts and accessories (8701 to 8705) ($14.1B), and Petroleum Gas ($14B). During the last 26 years the exports of United States to Mexico have increased at an annualized rate of 6.61%, from $46.7B in 1995 to $247B in 2021.

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.

Mexico-United States In 2021, Mexico exported $361B to United States. The main products that Mexico exported to United States were Computers ($28.3B), Cars ($26.7B), and Motor vehicles; parts and accessories (8701 to 8705) ($26.7B). During the last 26 years the exports of Mexico to United States have increased at an annualized rate of 6.82%, from $64.9B in 1995 to $361B in 2021.

In 2021, Mexico did not export any services to United States.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Mexico ranked 23 in the Economic Complexity Index (ECI 1.09), and 12 in total exports ($474B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United States exported $247B to Mexico. The main products exported from United States to Mexico were Refined Petroleum ($25.9B), Motor vehicles; parts and accessories (8701 to 8705) ($14.1B), and Petroleum Gas ($14B). During the last 26 years the exports of United States to Mexico have increased at an annualized rate of 6.61%, from $46.7B in 1995 to $247B in 2021.

In 2021, Mexico exported $361B to United States. The main products exported from Mexico to United States were Computers ($28.3B), Cars ($26.7B), and Motor vehicles; parts and accessories (8701 to 8705) ($26.7B). During the last 26 years the exports of Mexico to United States have increased at an annualized rate of 6.82%, from $64.9B in 1995 to $361B in 2021.

Exports from United States (Flag) to Mexico (Flag) (2021)

Exports from Mexico (Flag) to United States (Flag) (2021)

Market Competitiveness

Color
United States
Top Destination
Canada$259B
Mexico
Top Destination
United States$361B

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 2021, countries that imported more from United States than Mexico were Canada ($259B), China ($151B), and Japan ($71.8B).

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

Difference in imports from Mexico (Flag) and United States (Flag) (2021)

Comparative Advantage United States - Mexico

Flow
Scale

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

During 2021, United States had a large net trade with Mexico in the exports of Machines ($73.3B), Mineral Products ($41.7B), and Plastics and Rubbers ($22.4B).

During 2021, Mexico had a large net trade with United States in the exports of Machines ($146B), Transportation ($90.2B), and Instruments ($17.9B).

Service Trade

Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Mexico (Flag) (2017)

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

Product Space of United States (Flag) and Mexico (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with