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Trade between Australia and Mexico

In 2024, Australia exported $527 million to Mexico and imported $3 billion. Australia ran a deficit of $2.5 billion with Mexico, compared with a deficit of $2 billion in 2019. Mexico was Australia’s 24th largest trading partner (0.5% of its trade), and Australia was Mexico’s 25th (0.3%).

Summary

Australia → Mexico
$527million
Mexico → Australia
$3billion
Australia’s balance
-$2.5billion

Balance

Australia’s trade balance with Mexico

Trade between Australia and Mexico grew 16-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.5
  • Imports 3
  • Balance -2.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$100 million$122 million-$21 million
1996$128 million$134 million-$5 million
1997$179 million$150 million$29 million
1998$250 million$218 million$32 million
1999$271 million$251 million$20 million
2000$318 million$287 million$32 million
2001$361 million$345 million$16 million
2002$344 million$304 million$41 million
2003$441 million$420 million$21 million
2004$429 million$535 million-$106 million
2005$835 million$690 million$145 million
2006$852 million$849 million$3 million
2007$767 million$1 billion-$272 million
2008$780 million$1.2 billion-$451 million
2009$693 million$1 billion-$307 million
2010$754 million$1.3 billion-$571 million
2011$957 million$1.8 billion-$853 million
2012$909 million$1.8 billion-$932 million
2013$526 million$1.8 billion-$1.2 billion
2014$515 million$1.7 billion-$1.2 billion
2015$511 million$1.8 billion-$1.3 billion
2016$356 million$1.8 billion-$1.4 billion
2017$222 million$2.3 billion-$2.1 billion
2018$211 million$2.5 billion-$2.3 billion
2019$265 million$2.3 billion-$2 billion
2020$180 million$2.2 billion-$2 billion
2021$242 million$2.7 billion-$2.4 billion
2022$361 million$3.1 billion-$2.7 billion
2023$810 million$2.9 billion-$2.1 billion
2024$527 million$3 billion-$2.5 billion

What they sell each other

What Australia sells to Mexico

The top 10 headings in 2024, with their share of the total.

  1. Rapeseed (canola)$145 million · 27.5%
    203 thousand tonnes · Australia’s destinations
  2. Barley$47 million · 9%
    162 thousand tonnes · Australia’s destinations
  3. Coated flat steel$46 million · 8.7%
    64 thousand tonnes
  4. Titanium ore$33 million · 6.3%
    59 thousand tonnes
  5. Hot-rolled flat steel$27 million · 5.2%
    51 thousand tonnes
  6. Cold-rolled flat steel$22 million · 4.2%
    25 thousand tonnes
  7. Lamb and goat meat$16 million · 3.1%
    4 thousand tonnes · Australia’s destinations
  8. Edible offal$13 million · 2.4%
    4 thousand tonnes
  9. 72 tonnes
  10. Auto parts$10 million · 1.8%
    432 tonnes · Mexico’s sources

What Mexico sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Cars$435 million · 14.4%
    13 thousand tonnes · Mexico’s destinations
  2. Computers$371 million · 12.3%
    325 tonnes · Mexico’s destinations
  3. 25 tonnes
  4. Medical and dental instruments$234 million · 7.7%
    2 thousand tonnes · Mexico’s destinations
  5. Lead ore$173 million · 5.7%
    24 thousand tonnes
  6. Auto parts$126 million · 4.2%
    9 thousand tonnes · Mexico’s destinations
  7. Trucks$54 million · 1.8%
    894 tonnes · Mexico’s destinations
  8. Yachts and pleasure boats$52 million · 1.7%
    3 tonnes
  9. Liquid pumps$51 million · 1.7%
    5 tonnes
  10. Centrifuges and filters$48 million · 1.6%
    745 tonnes

How it travels

Estimated sea route from Sydney to Manzanillo.

The estimated sea route between Sydney and Manzanillo is 7,333 nautical miles (13,580 km) long: ≈ 17–22 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2 billion · 56.1%
  2. Air$1.6 billion · 43.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Mexico was Australia’s 24th largest trading partner (0.5% of its trade), and Australia was Mexico’s 25th (0.3%).

Mexico in Australia’s trade
0.5%
Mexico’s rank among Australia’s partners
24th
Australia in Mexico’s trade
0.3%
Australia’s rank among Mexico’s partners
25th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.