2022
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GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
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GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Germany-Mexico In 2022, Germany exported $16.9B to Mexico. The main products that Germany exported to Mexico are Motor vehicles; parts and accessories (8701 to 8705) ($2.35B), Planes, Helicopters, and/or Spacecraft ($1.55B), and Cars ($638M). During the last 27 years the exports of Germany to Mexico have increased at an annualized rate of 7.6%, from $2.33B in 1995 to $16.9B in 2022.

In 2020, Germany exported services to Mexico worth $2.38B, with Transportation ($785M), Other business services ($636M), and Royalties and license fees ($611M) being the largest in terms of value.

Mexico-Germany In 2022, Mexico exported $7.16B to Germany. The main products that Mexico exported to Germany were Cars ($3.61B), Orthopedic Appliances ($296M), and Motor vehicles; parts and accessories (8701 to 8705) ($239M). During the last 27 years the exports of Mexico to Germany have increased at an annualized rate of 9.19%, from $667M in 1995 to $7.16B in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $16.9B to Mexico. The main products exported from Germany to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($2.35B), Planes, Helicopters, and/or Spacecraft ($1.55B), and Cars ($638M). During the last 27 years the exports of Germany to Mexico have increased at an annualized rate of 7.6%, from $2.33B in 1995 to $16.9B in 2022.

In 2022, Mexico exported $7.16B to Germany. The main products exported from Mexico to Germany were Cars ($3.61B), Orthopedic Appliances ($296M), and Motor vehicles; parts and accessories (8701 to 8705) ($239M). During the last 27 years the exports of Mexico to Germany have increased at an annualized rate of 9.19%, from $667M in 1995 to $7.16B in 2022.

Exports from Germany (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Mexico
Top Destination
United States$421B

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

In 2021, countries that imported more from Germany than Mexico were France ($120B), Netherlands ($109B), and China ($109B).

In 2021, countries that imported more from Mexico than Germany were United States ($421B), Canada ($22.2B), and Guatemala ($2.86B).

Difference in imports from Mexico (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Mexico

Flow
Scale

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

During 2022, Germany had a large net trade with Mexico in the exports of Machines ($5.85B), Transportation ($4.81B), and Chemical Products ($1.72B).

During 2022, Mexico had a large net trade with Germany in the exports of Transportation ($3.92B), Machines ($1.42B), and Instruments ($736M).

Service Trade

Bilateral Service Trade

In 2020, Germany exported services to Mexico worth $2.38B, with Transportation ($785M), Other business services ($636M), and Royalties and license fees ($611M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Mexico (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Mexico (Flag) (2022)

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