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Trade between China and Mexico

In 2024, China exported $113.5 billion to Mexico and imported $12.8 billion. China ran a surplus of $100.7 billion with Mexico, compared with a surplus of $66.4 billion in 2019. Mexico was China’s 14th largest trading partner (2% of its trade), and China was Mexico’s 2nd (11%).

Summary

China → Mexico
$113.5billion
Mexico → China
$12.8billion
China’s balance
$100.7billion

Balance

China’s trade balance with Mexico

Trade between China and Mexico grew 176.7-fold since 1995

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

  • Exports 114
  • Imports 12.8
  • Balance +101

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$510 million$205 million$305 million
1996$716 million$324 million$393 million
1997$1.2 billion$207 million$1 billion
1998$1.6 billion$195 million$1.4 billion
1999$1.8 billion$195 million$1.6 billion
2000$2.8 billion$473 million$2.3 billion
2001$3.9 billion$703 million$3.2 billion
2002$6.2 billion$982 million$5.2 billion
2003$9.2 billion$1.5 billion$7.6 billion
2004$11.2 billion$1.8 billion$9.5 billion
2005$16.8 billion$2 billion$14.8 billion
2006$23.4 billion$2.5 billion$20.9 billion
2007$25.7 billion$2.9 billion$22.7 billion
2008$32 billion$3.2 billion$28.8 billion
2009$31 billion$3.3 billion$27.7 billion
2010$43.4 billion$5.9 billion$37.4 billion
2011$49.9 billion$8.2 billion$41.7 billion
2012$56.2 billion$7.5 billion$48.7 billion
2013$58.8 billion$8.9 billion$49.8 billion
2014$57.9 billion$9.4 billion$48.5 billion
2015$64 billion$8.1 billion$55.9 billion
2016$62.4 billion$8.3 billion$54.1 billion
2017$69.1 billion$10.2 billion$58.9 billion
2018$77.3 billion$11.7 billion$65.6 billion
2019$78.3 billion$12 billion$66.4 billion
2020$69.9 billion$12.7 billion$57.2 billion
2021$86.8 billion$12.2 billion$74.6 billion
2022$99.9 billion$14.7 billion$85.1 billion
2023$103.5 billion$15.5 billion$88 billion
2024$113.5 billion$12.8 billion$100.7 billion

What they sell each other

What China sells to Mexico

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

  1. Cameras and broadcast equipment$11.7 billion · 10.3%
    57 thousand tonnes
  2. Computer and office machine parts$6.4 billion · 5.6%
    154 thousand tonnes
  3. Cars$4.7 billion · 4.2%
    343 thousand tonnes · China’s destinations
  4. Auto parts$4.7 billion · 4.1%
    519 thousand tonnes · China’s destinations
  5. Microchips$3.2 billion · 2.8%
    1 thousand tonnes · China’s destinations
  6. Computers$3.1 billion · 2.7%
    11 thousand tonnes · China’s destinations
  7. Transformers and power supplies$2.5 billion · 2.2%
    66 thousand tonnes
  8. Parts for broadcast equipment$2.3 billion · 2.1%
    63 thousand tonnes
  9. Printed circuit boards$2.3 billion · 2%
    15 thousand tonnes
  10. Cables and wire$2 billion · 1.8%
    148 thousand tonnes · China’s destinations

What Mexico sells to China

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

  1. Copper ore$3.4 billion · 26.1%
    1.6 million tonnes · Mexico’s destinations
  2. Medical and dental instruments$1.3 billion · 10.5%
    6 thousand tonnes · Mexico’s destinations
  3. Auto parts$913 million · 7.1%
    50 thousand tonnes · Mexico’s destinations
  4. Crude petroleum$584 million · 4.6%
    1 million tonnes · Mexico’s destinations
  5. Copper scrap$403 million · 3.1%
    53 thousand tonnes
  6. Precious metal ore$381 million · 3%
    244 thousand tonnes
  7. Lead ore$300 million · 2.3%
    79 thousand tonnes
  8. Cars$262 million · 2%
    14 thousand tonnes · Mexico’s destinations
  9. Control panels$258 million · 2%
    1 thousand tonnes
  10. Radar, GPS receivers and remote controls$210 million · 1.6%
    425 tonnes

How it travels

Estimated sea route from Shanghai to Manzanillo.

The estimated sea route between Shanghai and Manzanillo is 7,144 nautical miles (13,231 km) long: ≈ 16.5–21.5 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$90 billion · 71.2%
  2. Air$36.4 billion · 28.8%

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

How much each matters to the other

Mexico was China’s 14th largest trading partner (2% of its trade), and China was Mexico’s 2nd (11%).

Mexico in China’s trade
2.2%
Mexico’s rank among China’s partners
14th
China in Mexico’s trade
10.6%
China’s rank among Mexico’s partners
2nd

Compare with

Other partners of China

Other partners of Mexico

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.