Mexico / Spain

Mexico-Spain Trade: In 2022, Mexico exported $5.41B to Spain. The main products that Mexico exported to Spain were Crude Petroleum ($3.26B), Orthopedic Appliances ($191M), and Spark-Ignition Engines ($163M). Over the past 5 years the exports of Mexico to Spain have increased at an annualized rate of 4.09%, from $4.43B in 2017 to $5.41B in 2022.

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

Spain-Mexico Trade: In 2022, Spain exported $5.38B to Mexico. The main products that Spain exported to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($363M), Cars ($314M), and Non-Knit Women's Suits ($128M). Over the past 5 years the exports of Spain to Mexico have increased at an annualized rate of 0.0033%,  from $5.38B in 2017 to $5.38B in 2022.

In 2009, Spain exported services to Mexico worth $2.7B, with Services not allocated ($1.66B), Travel ($863M), and Transportation ($176M) being the largest in terms of value.

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).