2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
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 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
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GDP PC 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
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GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Mexico-Germany In 2022, Mexico exported $7.16B to Germany. The main products that Mexico exported to Germany are Cars ($3.61B), Orthopedic Appliances ($296M), and Motor vehicles; parts and accessories (8701 to 8705) ($239M). During the last 27 years the exports of Mexico to Germany have increased at an annualized rate of 9.19%, from $667M in 1995 to $7.16B in 2022.

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

Germany-Mexico In 2022, Germany exported $16.9B to Mexico. The main products that Germany exported to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($2.35B), Planes, Helicopters, and/or Spacecraft ($1.55B), and Cars ($638M). During the last 27 years the exports of Germany to Mexico have increased at an annualized rate of 7.6%, from $2.33B in 1995 to $16.9B in 2022.

In 2020, Germany exported services to Mexico worth $2.38B, with Transportation ($785M), Other business services ($636M), and Royalties and license fees ($611M) being the largest in terms of value.

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $7.16B to Germany. The main products exported from Mexico to Germany were Cars ($3.61B), Orthopedic Appliances ($296M), and Motor vehicles; parts and accessories (8701 to 8705) ($239M). During the last 27 years the exports of Mexico to Germany have increased at an annualized rate of 9.19%, from $667M in 1995 to $7.16B in 2022.

In 2022, Germany exported $16.9B to Mexico. The main products exported from Germany to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($2.35B), Planes, Helicopters, and/or Spacecraft ($1.55B), and Cars ($638M). During the last 27 years the exports of Germany to Mexico have increased at an annualized rate of 7.6%, from $2.33B in 1995 to $16.9B in 2022.

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

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

Latest Data

Trade between Mexico (Flag) and Germany (Flag)

Mexico Exports

Germany Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Germany
Top Destination
United States$153B

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

In 2021, countries that imported more from Mexico than Germany were United States ($421B), Canada ($22.2B), and Guatemala ($2.86B).

In 2021, countries that imported more from Germany than Mexico were France ($120B), Netherlands ($109B), and China ($109B).

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

Comparative Advantage Mexico - Germany

Flow
Scale

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

During 2022, Mexico had a large net trade with Germany in the exports of Transportation ($3.92B), Machines ($1.42B), and Instruments ($736M).

During 2022, Germany had a large net trade with Mexico in the exports of Machines ($5.85B), Transportation ($4.81B), and Chemical Products ($1.72B).

Service Trade

Bilateral Service Trade

In 2020, Germany exported services to Mexico worth $2.38B, with Transportation ($785M), Other business services ($636M), and Royalties and license fees ($611M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Mexico (Flag) (2020)

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

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

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