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

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Qatar-Mexico Trade: In 2022, Qatar exported $106M to Mexico. The main products that Qatar exported to Mexico were Nitrogenous Fertilizers ($53.2M), Raw Aluminium ($49.5M), and Refined Petroleum ($3.39M). Over the past 5 years the exports of Qatar to Mexico have increased at an annualized rate of 139%, from $1.36M in 2017 to $106M in 2022.

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

Mexico-Qatar Trade: In 2022, Mexico exported $208M to Qatar. The main products that Mexico exported to Qatar were Delivery Trucks ($31.5M), Broadcasting Equipment ($24.2M), and Medical Instruments ($19.7M). Over the past 5 years the exports of Mexico to Qatar have increased at an annualized rate of 6.15%, from $155M in 2017 to $208M in 2022.

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

Comparison: In 2022, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Qatar exported $106M to Mexico. The main products exported from Qatar to Mexico were Nitrogenous Fertilizers ($53.2M), Raw Aluminium ($49.5M), and Refined Petroleum ($3.39M). During the last 5 years the exports of Qatar to Mexico have increased at an annualized rate of 139%, from $1.36M in 2017 to $106M in 2022.

In 2017, Mexico exported $208M to Qatar. The main products exported from Mexico to Qatar were Delivery Trucks ($31.5M), Broadcasting Equipment ($24.2M), and Medical Instruments ($19.7M). During the last 5 years the exports of Mexico to Qatar have increased at an annualized rate of 6.15%, from $155M in 2022 to $208M in 2017.

Exports from Qatar () to Mexico () (2022)

Exports from Mexico () to Qatar () (2022)

Latest Data

Trade between Qatar () and Mexico ()

Qatar Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$21.1B

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Qatar than Mexico included India ($17.4B), China ($21.1B), and Japan ($12B).

In 2022, countries that imported more from Mexico than Qatar included United States ($421B), Canada ($22.2B), and Germany ($7.16B).

Difference in imports from Mexico () and Qatar () (2022)

Comparative Advantage Qatar - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Qatar had a large net trade with Mexico in the exports of Chemical Products ($53.2M), Metals ($49.6M), and Mineral Products ($3.39M).

During 2017, Mexico had a large net trade with Qatar in the exports of Machines ($90.4M), Transportation ($50.8M), and Instruments ($30M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Mexico+$16.6MRefined Petroleum

Top Product Potential Mexico Qatar+$29.1MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Mexico () (2022)

Exports from Mexico () to Qatar () (2022)

Latest Data

Trade between Qatar () and Mexico ()

Qatar Exports

Mexico Exports

Market Competitiveness

Difference in imports from Mexico () and Qatar () (2022)

Comparative Advantage Qatar - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Mexico () (2022)

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