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Trade between Mexico and Saudi Arabia

In 2024, Mexico exported $1.7 billion to Saudi Arabia and imported $95 million. Mexico ran a surplus of $1.6 billion with Saudi Arabia, compared with a surplus of $885 million in 2019. Saudi Arabia was Mexico’s 38th largest trading partner (0.2% of its trade), and Mexico was Saudi Arabia’s 41st (0.3%).

Summary

Mexico → Saudi Arabia
$1.7billion
Saudi Arabia → Mexico
$95million
Mexico’s balance
$1.6billion

Balance

Mexico’s trade balance with Saudi Arabia

Trade between Mexico and Saudi Arabia grew 20.5-fold since 1995

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

  • Exports 1.7
  • Imports 0.1
  • Balance +1.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$82 million$4 million$78 million
1996$86 million$69 million$17 million
1997$133 million$53 million$80 million
1998$185 million$71 million$114 million
1999$107 million$100 million$8 million
2000$217 million$252 million-$35 million
2001$156 million$188 million-$32 million
2002$132 million$189 million-$57 million
2003$153 million$184 million-$31 million
2004$196 million$258 million-$62 million
2005$258 million$357 million-$99 million
2006$428 million$304 million$124 million
2007$319 million$590 million-$271 million
2008$432 million$589 million-$156 million
2009$351 million$381 million-$30 million
2010$363 million$430 million-$68 million
2011$573 million$787 million-$214 million
2012$917 million$673 million$245 million
2013$1.4 billion$486 million$957 million
2014$1.5 billion$24 million$1.5 billion
2015$1.1 billion$19 million$1.1 billion
2016$769 million$97 million$672 million
2017$594 million$19 million$576 million
2018$712 million$40 million$673 million
2019$939 million$54 million$885 million
2020$803 million$54 million$749 million
2021$835 million$71 million$764 million
2022$979 million$48 million$931 million
2023$1.5 billion$125 million$1.3 billion
2024$1.7 billion$95 million$1.6 billion

What they sell each other

What Mexico sells to Saudi Arabia

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

  1. Cars$305 million · 18.4%
    22 thousand tonnes · Mexico’s destinations
  2. Large-diameter steel pipes$296 million · 17.8%
    59 thousand tonnes
  3. Medical and dental instruments$152 million · 9.1%
    921 tonnes · Mexico’s destinations
  4. 161 tonnes
  5. Computers$86 million · 5.2%
    216 tonnes · Mexico’s destinations
  6. Seamless steel pipes$77 million · 4.7%
    36 thousand tonnes
  7. Auto parts$37 million · 2.2%
    2 thousand tonnes · Mexico’s destinations
  8. 390 tonnes
  9. 1 thousand tonnes
  10. 41 tonnes

What Saudi Arabia sells to Mexico

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

  1. Mixed alkylbenzenes$27 million · 28.9%
    16 thousand tonnes
  2. Pig iron$27 million · 28.5%
    47 thousand tonnes
  3. Polypropylene$11 million · 11.7%
    8 thousand tonnes · Saudi Arabia’s destinations
  4. Unwrought aluminum$5 million · 5.8%
    2 thousand tonnes · Mexico’s sources
  5. Refined petroleum$4 million · 4.5%
    6 thousand tonnes · Saudi Arabia’s destinations
  6. Cane and beet sugar$3 million · 2.9%
    4 thousand tonnes
  7. Other made-up textiles$3 million · 2.9%
    190 tonnes
  8. Synthetic rubber$2 million · 1.9%
    547 tonnes
  9. Plastic sheets and film$1 million · 1.5%
    820 tonnes
  10. Nitrogen fertilizers$1 million · 1.3%
    3 thousand tonnes

How it travels

Estimated sea route from Manzanillo to Jeddah.

The estimated sea route between Manzanillo and Jeddah is 9,006 nautical miles (16,680 km) long: ≈ 21–27 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal, Strait of Gibraltar and Suez 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$1.1 billion · 64.3%
  2. Air$627 million · 35.7%

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

How much each matters to the other

Saudi Arabia was Mexico’s 38th largest trading partner (0.2% of its trade), and Mexico was Saudi Arabia’s 41st (0.3%).

Saudi Arabia in Mexico’s trade
0.2%
Saudi Arabia’s rank among Mexico’s partners
38th
Mexico in Saudi Arabia’s trade
0.3%
Mexico’s rank among Saudi Arabia’s partners
41st

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.