Flag China / Mexico Flag

Exports Flag β†’ Flag  (2018): $54.7B, Rnk 10 / 206

Top Product Flag β†’ Flag (2018): $3.7B, Office Machine Parts

Exports Flag β†’ Flag (2018): $7.65B, Rnk 4 / 196

Top Product Flag β†’ Flag (2018): $1.89B, Copper Ore

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI 1.13, Rnk 21 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $1.22T, CURRENT US$
Rnk 15 / 196

GDP GROWTH Flag (2008-2018): 9.97%, CURRENT US$
Rnk 144 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $9,673, CURRENT US$
Rnk 79 / 196

GDP PC GROWTH Flag (2008-2018): -3.43%, CURRENT US$
Rnk 159 / 196

China-Mexico: In 2018, China exported $54.7B to Mexico. The main products exported from China to Mexico were Office Machine Parts ($3.7B), Broadcasting Equipment ($3.65B), and Computers ($3.42B). During the last 23 years the exports of China to Mexico have increased at an annualized rate of 22.9%, from $473M in 1995 to $54.7B in 2018.

Mexico-China: In 2018, Mexico exported $7.65B to China. The main products exported from Mexico to China were Copper Ore ($1.89B), Vehicle Parts ($822M), and Cars ($695M). During the last 23 years the exports of Mexico to China have increased at an annualized rate of 17.8%, from $178M in 1995 to $7.65B in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Mexico ranked 21 in the Economic Complexity Index (ECI 1.13), and 11 in total exports ($441B). In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, and Mexico was ranked 79 with a GDP Per Capita of $9,673.

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $54.7B to Mexico. The main products exported from China to Mexico were Office Machine Parts ($3.7B), Broadcasting Equipment ($3.65B), and Computers ($3.42B). During the last 23 years the exports of China to Mexico have increased at an annualized rate of 22.9%, from $473M in 1995 to $54.7B in 2018.

In 2018, Mexico exported $7.65B to China. The main products exported from Mexico to China were Copper Ore ($1.89B), Vehicle Parts ($822M), and Cars ($695M). During the last 23 years the exports of Mexico to China have increased at an annualized rate of 17.8%, from $178M in 1995 to $7.65B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Mexico
Top Destination
: United States, $340B

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

In 2018, countries that imported more from China than Mexico were Hong Kong ($282B), United States ($499B), and Japan ($155B).

In 2018, countries that imported more from Mexico than China were Nicaragua ($870M), Guam ($1.4M), and Belize ($120M).

Comparative Advantage China - Mexico

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Depth

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

During 2018, China had a large net trade with Mexico in the exports of Machines ($29.5B), Transportation ($3.91B), and Metals ($3.44B).

During 2018, Mexico had a large net trade with China in the exports of Mineral Products ($2.51B), Transportation ($1.55B), and Machines ($1.48B).

Tariff Section

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This sections shows import tariffs for products traded between China and Mexico (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Mexico were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2017, the products from Mexico that paid the highest import tariffs to enter China were Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, fresh or chilled (75%) and Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, frozen (75%).

Explore Tariff Data

*The tariffs present between China and Mexico are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between China and Mexico. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Mexico. Similarly, the more red a dot/product is, the more Mexico has comparative advantage over China.