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Pricing

2021
Flag → Flag
Exports $1.11MRnk 3 / 0
2021
Flag → Flag
Exports $1.78MRnk 9 / 0
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Mexico-Iran Trade: In 2021, Mexico exported $1.11M to Iran. The main products that Mexico exported to Iran were N/A. Over the past 5 years the exports of Mexico to Iran have decreased at an annualized rate of 20.8%, from $3.56M in 2016 to $1.11M in 2021.

In 2021, Mexico did not export any services to Iran.

Iran-Mexico Trade: In 2021, Iran exported $1.78M to Mexico. The main products that Iran exported to Mexico were N/A. Over the past 5 years the exports of Iran to Mexico have decreased at an annualized rate of 44.2%,  from $32.9M in 2016 to $1.78M in 2021.

In 2021, Iran did not export any services to Mexico.

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Mexico exported $1.11M to Iran. There were not main exports from Mexico to Iran in 2021. During the last 5 years the exports of Mexico to Iran have decreased at an annualized rate of 20.8%, from $3.56M in 2016 to $1.11M in 2021.

In 2016, Iran exported $1.78M to Mexico. There were not main exports from Iran to Mexico in 2016. During the last 5 years the exports of Iran to Mexico have decreased at an annualized rate of 44.2%, from $32.9M in 2021 to $1.78M in 2016.

Exports from Mexico (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Mexico (Flag) (2021)

Latest Data

Trade between Mexico (Flag) and Iran (Flag)

Mexico Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$421B
Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Mexico included Turkey ($3.17B), Pakistan ($762M), and Armenia ($557M).

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

Comparative Advantage Mexico - Iran

Flow
Scale

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

During 2021, Mexico had a large net trade with Iran in the exports of .

During 2016, Iran had a large net trade with Mexico in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico Iran+$9.19kTelephones
Top Product Potential Iran Mexico+$7.29kEthylene Polymers

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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Economic Complexity

Competitive Landscape

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

Product Space of Mexico (Flag) and Iran (Flag) (2021)

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