Mexico / Germany

Mexico-Germany Trade: In 2023, Mexico exported $10.7B to Germany. The main products that Mexico exported to Germany were Cars ($5.08B), Crude Petroleum ($379M), and Motor vehicles; parts and accessories (8701 to 8705) ($336M). Over the past 5 years the exports of Mexico to Germany have increased at an annualized rate of 3.09%, from $9.22B in 2018 to $10.7B in 2023.

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

Germany-Mexico Trade: In 2023, Germany exported $20.2B to Mexico. The main products that Germany exported to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($2.6B), Planes, Helicopters, and/or Spacecraft ($1.31B), and Cars ($964M). Over the past 5 years the exports of Germany to Mexico have increased at an annualized rate of 1.76%,  from $17.3B in 2018 to $20.2B in 2023.

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 2023,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).