2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Mexico-Israel Trade: In 2022, Mexico exported $109M to Israel. The main products that Mexico exported to Israel were Broadcasting Equipment ($35.4M), Cars ($22.4M), and Office Machine Parts ($4.4M). Over the past 5 years the exports of Mexico to Israel have decreased at an annualized rate of 12.7%, from $215M in 2017 to $109M in 2022.

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

Israel-Mexico Trade: In 2022, Israel exported $635M to Mexico. The main products that Israel exported to Mexico were Integrated Circuits ($71.8M), Medical Instruments ($64M), and Broadcasting Equipment ($52.1M). Over the past 5 years the exports of Israel to Mexico have increased at an annualized rate of 1.34%,  from $594M in 2017 to $635M in 2022.

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.

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $109M to Israel. The main products exported from Mexico to Israel were Broadcasting Equipment ($35.4M), Cars ($22.4M), and Office Machine Parts ($4.4M). During the last 5 years the exports of Mexico to Israel have decreased at an annualized rate of 12.7%, from $215M in 2017 to $109M in 2022.

In 2017, Israel exported $635M to Mexico. The main products exported from Israel to Mexico were Integrated Circuits ($71.8M), Medical Instruments ($64M), and Broadcasting Equipment ($52.1M). During the last 5 years the exports of Israel to Mexico have increased at an annualized rate of 1.34%, from $594M in 2022 to $635M in 2017.

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

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

Latest Data

Trade between Mexico (Flag) and Israel (Flag)

Mexico Exports

Israel Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from Mexico than Israel included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Israel than Mexico included Palestine ($4.6B), Ireland ($3.86B), and Turkey ($2.33B).

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

Comparative Advantage Mexico - Israel

Flow
Scale

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

During 2022, Mexico had a large net trade with Israel in the exports of Machines ($52.2M), Transportation ($24.7M), and Foodstuffs ($9.76M).

During 2017, Israel had a large net trade with Mexico in the exports of Machines ($329M), Instruments ($87.6M), and Chemical Products ($83.5M).

Potential Exports

Potential Exports

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

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 Israel. This means that a dot/product with the flag of Mexico indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Mexico.

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

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