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Trade between Belgium and Mexico

In 2024, Belgium exported $1.3 billion to Mexico and imported $2.2 billion. Belgium ran a deficit of $890 million with Mexico, compared with a deficit of $1.2 billion in 2019. Mexico was Belgium’s 35th largest trading partner (0.4% of its trade), and Belgium was Mexico’s 26th (0.3%).

Summary

Belgium → Mexico
$1.3billion
Mexico → Belgium
$2.2billion
Belgium’s balance
-$890million

Balance

Belgium’s trade balance with Mexico

Trade between Belgium and Mexico grew 4.2-fold since 1995

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

  • Exports 1.3
  • Imports 2.2
  • Balance -0.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$248 million$562 million-$314 million
1996$304 million$476 million-$172 million
1997$382 million$430 million-$47 million
1998$386 million$325 million$61 million
1999$323 million$317 million$6 million
2000$463 million$481 million-$18 million
2001$675 million$695 million-$19 million
2002$806 million$593 million$213 million
2003$638 million$595 million$44 million
2004$777 million$745 million$32 million
2005$882 million$862 million$20 million
2006$826 million$1 billion-$189 million
2007$829 million$1.4 billion-$543 million
2008$1 billion$1.7 billion-$679 million
2009$725 million$1.3 billion-$578 million
2010$798 million$825 million-$27 million
2011$879 million$941 million-$62 million
2012$991 million$1 billion-$15 million
2013$1 billion$1.1 billion-$63 million
2014$865 million$1.2 billion-$371 million
2015$892 million$1.8 billion-$954 million
2016$1 billion$2.3 billion-$1.3 billion
2017$952 million$2.1 billion-$1.1 billion
2018$1 billion$2.3 billion-$1.3 billion
2019$1.1 billion$2.3 billion-$1.2 billion
2020$920 million$2.1 billion-$1.2 billion
2021$1 billion$3.6 billion-$2.5 billion
2022$1.7 billion$3.4 billion-$1.7 billion
2023$1.6 billion$2.7 billion-$1.1 billion
2024$1.3 billion$2.2 billion-$890 million

What they sell each other

What Belgium sells to Mexico

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

  1. Cars$82 million · 6.5%
    4 thousand tonnes · Belgium’s destinations
  2. Vaccines, blood and antisera$59 million · 4.7%
    178 tonnes · Belgium’s destinations
  3. Frozen vegetables$55 million · 4.3%
    41 thousand tonnes
  4. 288 tonnes · Belgium’s destinations
  5. 2 thousand tonnes
  6. Cold-rolled flat steel$38 million · 3%
    51 thousand tonnes
  7. Valves and taps$33 million · 2.6%
    235 tonnes
  8. 28 tonnes
  9. Malt$29 million · 2.3%
    57 thousand tonnes
  10. Polypropylene$26 million · 2%
    9 thousand tonnes · Belgium’s destinations

What Mexico sells to Belgium

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

  1. 4 thousand tonnes · Mexico’s destinations
  2. Cars$324 million · 15%
    18 thousand tonnes · Mexico’s destinations
  3. Other pharmaceutical goods$186 million · 8.6%
    391 tonnes
  4. 93 thousand tonnes
  5. Molybdenum ore$70 million · 3.3%
    3 thousand tonnes
  6. Centrifuges and filters$51 million · 2.4%
    3 thousand tonnes
  7. 139 tonnes
  8. Copper scrap$30 million · 1.4%
    4 thousand tonnes
  9. Synthetic rubber$29 million · 1.3%
    13 thousand tonnes
  10. Coffee$17 million · 0.77%
    5 thousand tonnes · Belgium’s sources

How it travels

Estimated sea route from Antwerp to Manzanillo.

The estimated sea route between Antwerp and Manzanillo is 6,792 nautical miles (12,579 km) long: ≈ 15.5–20 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Dover and Panama Canal.

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$1.8 billion · 53%
  2. Air$1.6 billion · 47%

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

How much each matters to the other

Mexico was Belgium’s 35th largest trading partner (0.4% of its trade), and Belgium was Mexico’s 26th (0.3%).

Mexico in Belgium’s trade
0.4%
Mexico’s rank among Belgium’s partners
35th
Belgium in Mexico’s trade
0.3%
Belgium’s rank among Mexico’s partners
26th

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.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.