Turkey (TUR) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Turkey-Mexico Trade: In 2022, Turkey exported $1.12B to Mexico. The main products that Turkey exported to Mexico were Jewellery ($160M), Motor vehicles; parts and accessories (8701 to 8705) ($151M), and Other Large Iron Pipes ($49.2M). Over the past 5 years the exports of Turkey to Mexico have increased at an annualized rate of 15.7%, from $541M in 2017 to $1.12B in 2022.

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

Mexico-Turkey Trade: In 2022, Mexico exported $1.01B to Turkey. The main products that Mexico exported to Turkey were Cars ($127M), Vinyl Chloride Polymers ($81.7M), and Medical Instruments ($64.6M). Over the past 5 years the exports of Mexico to Turkey have increased at an annualized rate of 4.6%, from $807M in 2017 to $1.01B in 2022.

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

Comparison: In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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, Turkey exported $1.12B to Mexico. The main products exported from Turkey to Mexico were Jewellery ($160M), Motor vehicles; parts and accessories (8701 to 8705) ($151M), and Other Large Iron Pipes ($49.2M). During the last 5 years the exports of Turkey to Mexico have increased at an annualized rate of 15.7%, from $541M in 2017 to $1.12B in 2022.

In 2017, Mexico exported $1.01B to Turkey. The main products exported from Mexico to Turkey were Cars ($127M), Vinyl Chloride Polymers ($81.7M), and Medical Instruments ($64.6M). During the last 5 years the exports of Mexico to Turkey have increased at an annualized rate of 4.6%, from $807M in 2022 to $1.01B in 2017.

Exports from Turkey () to Mexico () (2022)

Exports from Mexico () to Turkey () (2022)

Latest Data

Trade between Turkey () and Mexico ()

Turkey Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Turkey than Mexico included Germany ($21.9B), Iraq ($13.7B), and Italy ($12.6B).

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

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

Comparative Advantage Turkey - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Mexico in the exports of Metals ($221M), Transportation ($215M), and Machines ($197M).

During 2017, Mexico had a large net trade with Turkey in the exports of Machines ($266M), Transportation ($157M), and Instruments ($120M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey Mexico+$135MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Mexico Turkey+$162MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Mexico () (2022)

Exports from Mexico () to Turkey () (2022)

Latest Data

Trade between Turkey () and Mexico ()

Turkey Exports

Mexico Exports

Market Competitiveness

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

Comparative Advantage Turkey - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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