NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $456BRnk 1 / 158
2023
Flag → Flag
Top Product $44.9BCars
2023
Flag → Flag
Exports $243BRnk 2 / 220
2023
Flag → Flag
Top Product $29.7BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.09Rnk 25 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $13,790CURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP PC GROWTH22.9%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Mexico-United States Trade: In 2023, Mexico exported $456B to United States. The main products that Mexico exported to United States were Cars ($44.9B), Motor vehicles; parts and accessories (8701 to 8705) ($35.2B), and Delivery Trucks ($26.3B). Over the past 5 years the exports of Mexico to United States have increased at an annualized rate of 5.22%, from $354B in 2018 to $456B in 2023.

In 2023, Mexico did not export any services to United States.

United States-Mexico Trade: In 2023, United States exported $243B to Mexico. The main products that United States exported to Mexico were Refined Petroleum ($29.7B), Motor vehicles; parts and accessories (8701 to 8705) ($17.7B), and Petroleum Gas ($8.87B). Over the past 5 years the exports of United States to Mexico have increased at an annualized rate of 2.26%,  from $218B in 2018 to $243B in 2023.

In 2017, United States exported services to Mexico worth $31.5B, with Travel ($15.7B), Other business services ($3.4B), and Royalties and license fees ($3.32B) being the largest in terms of value.

Comparison: In 2023,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mexico exported $456B to United States. The main products exported from Mexico to United States were Cars ($44.9B), Motor vehicles; parts and accessories (8701 to 8705) ($35.2B), and Delivery Trucks ($26.3B). During the last 5 years the exports of Mexico to United States have increased at an annualized rate of 5.22%, from $354B in 2018 to $456B in 2023.

In 2018, United States exported $243B to Mexico. The main products exported from United States to Mexico were Refined Petroleum ($29.7B), Motor vehicles; parts and accessories (8701 to 8705) ($17.7B), and Petroleum Gas ($8.87B). During the last 5 years the exports of United States to Mexico have increased at an annualized rate of 2.26%, from $218B in 2023 to $243B in 2018.

Exports from Mexico (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Mexico (Flag) (2023)

Latest Data

Trade between Mexico (Flag) and United States (Flag)

Mexico Exports

United States Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$456B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Mexico than United States included Guam ($1.18k).

In 2023, countries that imported more from United States than Mexico included Canada ($269B), China ($154B), and Germany ($94.8B).

Difference in imports from United States (Flag) and Mexico (Flag) (2023)

Comparative Advantage Mexico - United States

Flow
Scale

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

During 2023, Mexico had a large net trade with United States in the exports of Machines ($165B), Transportation ($126B), and Mineral Products ($26B).

During 2018, United States had a large net trade with Mexico in the exports of Machines ($62.4B), Mineral Products ($40.3B), and Transportation ($27B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico United States+$4.31BCars
Top Product Potential United States Mexico+$850MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Mexico (Flag) and United States (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms