2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
 GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC
$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Israel-Mexico Trade: In 2023, Israel exported $744M to Mexico. The main products that Israel exported to Mexico were Integrated Circuits ($172M), Medical Instruments ($66.1M), and Broadcasting Equipment ($58.1M). Over the past 5 years the exports of Israel to Mexico have increased at an annualized rate of 3.8%, from $617M in 2018 to $744M in 2023.

In 2012, Israel exported services to Mexico worth $25.1M, with Computer and information services ($22.1M) and Construction services ($3.03M) being the largest in terms of value.

Mexico-Israel Trade: In 2023, Mexico exported $490M to Israel. The main products that Mexico exported to Israel were Cars ($71M), Medical Instruments ($58.1M), and Delivery Trucks ($43.2M). Over the past 5 years the exports of Mexico to Israel have increased at an annualized rate of 1.92%,  from $446M in 2018 to $490M in 2023.

In 2023, Mexico did not export any services to Israel.

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Israel exported $744M to Mexico. The main products exported from Israel to Mexico were Integrated Circuits ($172M), Medical Instruments ($66.1M), and Broadcasting Equipment ($58.1M). During the last 5 years the exports of Israel to Mexico have increased at an annualized rate of 3.8%, from $617M in 2018 to $744M in 2023.

In 2018, Mexico exported $490M to Israel. The main products exported from Mexico to Israel were Cars ($71M), Medical Instruments ($58.1M), and Delivery Trucks ($43.2M). During the last 5 years the exports of Mexico to Israel have increased at an annualized rate of 1.92%, from $446M in 2023 to $490M in 2018.

Exports from Israel (Flag) to Mexico (Flag) (2023)

Exports from Mexico (Flag) to Israel (Flag) (2023)

Latest Data

Trade between Israel (Flag) and Mexico (Flag)

Israel Exports

Mexico Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Mexico
Top Destination
United States$456B

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

In 2023, countries that imported more from Israel than Mexico included Ireland ($4.22B), Egypt ($2.23B), and Hong Kong ($2.46B).

In 2023, countries that imported more from Mexico than Israel included United States ($456B), Canada ($33B), and Germany ($10.7B).

Difference in imports from Mexico (Flag) and Israel (Flag) (2023)

Comparative Advantage Israel - Mexico

Flow
Scale

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

During 2023, Israel had a large net trade with Mexico in the exports of Machines ($406M), Chemical Products ($98.9M), and Instruments ($98M).

During 2018, Mexico had a large net trade with Israel in the exports of Machines ($196M), Transportation ($125M), and Instruments ($85.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Mexico+$55.5MIntegrated Circuits
Top Product Potential Mexico Israel+$54.2MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Israel (Flag) and Mexico (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with