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2022
Flag → Flag
Exports $1.42BRnk 21 / 156
2022
Flag → Flag
Top Product $170MMedical Instruments
2022
Flag → Flag
Exports $3.71BRnk 34 / 219
2022
Flag → Flag
Top Product $491MPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
Flag  
GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC $11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186
2022
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GDP PC$40,964CURRENT US$
Rnk 26 / 186
2012-2022
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GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

Mexico-France Trade: In 2022, Mexico exported $1.42B to France. The main products that Mexico exported to France were Medical Instruments ($170M), Gas Turbines ($88.7M), and Vaccines, blood, antisera, toxins and cultures ($81.7M). Over the past 5 years the exports of Mexico to France have decreased at an annualized rate of 12.5%, from $2.77B in 2017 to $1.42B in 2022.

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

France-Mexico Trade: In 2022, France exported $3.71B to Mexico. The main products that France exported to Mexico were Planes, Helicopters, and/or Spacecraft ($491M), Gas Turbines ($296M), and Packaged Medicaments ($212M). Over the past 5 years the exports of France to Mexico have decreased at an annualized rate of 0.77%,  from $3.86B in 2017 to $3.71B in 2022.

In 2020, France exported services to Mexico worth $1.39B, with Other business services ($619M), Royalties and license fees ($258M), and Transportation ($234M) 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $1.42B to France. The main products exported from Mexico to France were Medical Instruments ($170M), Gas Turbines ($88.7M), and Vaccines, blood, antisera, toxins and cultures ($81.7M). During the last 5 years the exports of Mexico to France have decreased at an annualized rate of 12.5%, from $2.77B in 2017 to $1.42B in 2022.

In 2017, France exported $3.71B to Mexico. The main products exported from France to Mexico were Planes, Helicopters, and/or Spacecraft ($491M), Gas Turbines ($296M), and Packaged Medicaments ($212M). During the last 5 years the exports of France to Mexico have decreased at an annualized rate of 0.77%, from $3.86B in 2022 to $3.71B in 2017.

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

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

Latest Data

Trade between Mexico (Flag) and France (Flag)

Mexico Exports

France Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$421B
France
Top DestinationGermany$78.3B

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

In 2022, countries that imported more from Mexico than France included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

In 2022, countries that imported more from France than Mexico included Germany ($78.3B), Italy ($56.4B), and Belgium ($47.8B).

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

Comparative Advantage Mexico - France

Flow
Scale

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

During 2022, Mexico had a large net trade with France in the exports of Machines ($592M), Instruments ($342M), and Transportation ($137M).

During 2017, France had a large net trade with Mexico in the exports of Chemical Products ($927M), Machines ($912M), and Transportation ($690M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico France+$153MComputers
Top Product Potential France Mexico+$106MPackaged Medicaments

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.

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Bilateral Service Trade

In 2020, France exported services to Mexico worth $1.39B, with Other business services ($619M), Royalties and license fees ($258M), and Transportation ($234M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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