Mexico (MEX) and Qatar (QAT) Trade | The Observatory of Economic Complexity

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Mexico-Qatar Trade: In 2023, Mexico exported $227M to Qatar. The main products that Mexico exported to Qatar were Delivery Trucks ($36.4M), Iron Pipes ($30.8M), and Medical Instruments ($21.5M). Over the past 5 years the exports of Mexico to Qatar have increased at an annualized rate of 4.83%, from $179M in 2018 to $227M in 2023.

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

Qatar-Mexico Trade: In 2023, Qatar exported $62.4M to Mexico. The main products that Qatar exported to Mexico were Nitrogenous Fertilizers ($58.1M), Raw Aluminium ($3.73M), and Refined Petroleum ($582k). Over the past 5 years the exports of Qatar to Mexico have increased at an annualized rate of 1.62%, from $57.6M in 2018 to $62.4M in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mexico exported $227M to Qatar. The main products exported from Mexico to Qatar were Delivery Trucks ($36.4M), Iron Pipes ($30.8M), and Medical Instruments ($21.5M). During the last 5 years the exports of Mexico to Qatar have increased at an annualized rate of 4.83%, from $179M in 2018 to $227M in 2023.

In 2018, Qatar exported $62.4M to Mexico. The main products exported from Qatar to Mexico were Nitrogenous Fertilizers ($58.1M), Raw Aluminium ($3.73M), and Refined Petroleum ($582k). During the last 5 years the exports of Qatar to Mexico have increased at an annualized rate of 1.62%, from $57.6M in 2023 to $62.4M in 2018.

Exports from Mexico () to Qatar () (2023)

Exports from Qatar () to Mexico () (2023)

Latest Data

Trade between Mexico () and Qatar ()

Mexico Exports

Date

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$456B

Qatar
Top DestinationChina$20.9B

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

In 2023, countries that imported more from Mexico than Qatar included United States ($456B), Canada ($33B), and Germany ($10.7B).

In 2023, countries that imported more from Qatar than Mexico included South Korea ($12.1B), India ($12.9B), and Pakistan ($6.52B).

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

Comparative Advantage Mexico - Qatar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mexico had a large net trade with Qatar in the exports of Transportation ($73.4M), Machines ($66.6M), and Instruments ($36.3M).

During 2018, Qatar had a large net trade with Mexico in the exports of Chemical Products ($58.1M), Metals ($3.74M), and Mineral Products ($582k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Qatar+$29.1MCars

Top Product Potential Qatar Mexico+$16.6MRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Mexico () to Qatar () (2023)

Exports from Qatar () to Mexico () (2023)

Latest Data

Trade between Mexico () and Qatar ()

Mexico Exports

Qatar Exports

Market Competitiveness

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

Comparative Advantage Mexico - Qatar

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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