Mexico (MEX) and Pakistan (PAK) Trade | The Observatory of Economic Complexity

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Mexico-Pakistan Trade: In 2023, Mexico exported $69.3M to Pakistan. The main products that Mexico exported to Pakistan were Raw Cotton ($21.2M), Medical Instruments ($8.44M), and Industrial Fatty Acids, Oils and Alcohols ($4.93M). Over the past 5 years the exports of Mexico to Pakistan have decreased at an annualized rate of 9.16%, from $112M in 2018 to $69.3M in 2023.

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

Pakistan-Mexico Trade: In 2023, Pakistan exported $284M to Mexico. The main products that Pakistan exported to Mexico were Medical Instruments ($56.8M), Knit Sweaters ($44.3M), and Knit T-shirts ($27.6M). Over the past 5 years the exports of Pakistan to Mexico have increased at an annualized rate of 7.28%, from $200M in 2018 to $284M in 2023.

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

Comparison: In 2023, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). That same year, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mexico exported $69.3M to Pakistan. The main products exported from Mexico to Pakistan were Raw Cotton ($21.2M), Medical Instruments ($8.44M), and Industrial Fatty Acids, Oils and Alcohols ($4.93M). During the last 5 years the exports of Mexico to Pakistan have decreased at an annualized rate of 9.16%, from $112M in 2018 to $69.3M in 2023.

In 2018, Pakistan exported $284M to Mexico. The main products exported from Pakistan to Mexico were Medical Instruments ($56.8M), Knit Sweaters ($44.3M), and Knit T-shirts ($27.6M). During the last 5 years the exports of Pakistan to Mexico have increased at an annualized rate of 7.28%, from $200M in 2023 to $284M in 2018.

Exports from Mexico () to Pakistan () (2023)

Exports from Pakistan () to Mexico () (2023)

Latest Data

Trade between Mexico () and Pakistan ()

Mexico Exports

Date

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$456B

Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Mexico than Pakistan included United States ($456B), Canada ($33B), and China ($15B).

In 2023, countries that imported more from Pakistan than Mexico included United Arab Emirates ($3.7B), Afghanistan ($969M), and Bangladesh ($690M).

Difference in imports from Pakistan () and Mexico () (2023)

Comparative Advantage Mexico - Pakistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mexico had a large net trade with Pakistan in the exports of Textiles ($22.4M), Machines ($15.1M), and Chemical Products ($12.6M).

During 2018, Pakistan had a large net trade with Mexico in the exports of Textiles ($201M), Instruments ($56.8M), and Animal Hides ($6.62M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Pakistan+$13.2MComputers

Top Product Potential Pakistan Mexico+$17.7MMedical Instruments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Pakistan () (2023)

Exports from Pakistan () to Mexico () (2023)

Latest Data

Trade between Mexico () and Pakistan ()

Mexico Exports

Pakistan Exports

Market Competitiveness

Difference in imports from Pakistan () and Mexico () (2023)

Comparative Advantage Mexico - Pakistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mexico () and Pakistan () (2023)

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