Summary
- Mexico → Spain
- $6.4billion
- Spain → Mexico
- $6.1billion
- Mexico’s balance
- $266million
Balance
Mexico’s trade balance with Spain
Trade between Mexico and Spain grew 7.1-fold since 1995
USD billions (current). Mexico’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 6.4
- Imports 6.1
- Balance +0.3
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $1 billion | $717 million | $317 million |
| 1996 | $1 billion | $679 million | $335 million |
| 1997 | $1.1 billion | $1.1 billion | -$28 million |
| 1998 | $907 million | $1.3 billion | -$400 million |
| 1999 | $1.1 billion | $1.4 billion | -$297 million |
| 2000 | $1.5 billion | $1.5 billion | -$60 million |
| 2001 | $1.3 billion | $2 billion | -$679 million |
| 2002 | $1.4 billion | $2.5 billion | -$1.1 billion |
| 2003 | $1.5 billion | $2.7 billion | -$1.2 billion |
| 2004 | $2.1 billion | $3 billion | -$885 million |
| 2005 | $3.4 billion | $3.5 billion | -$162 million |
| 2006 | $3.2 billion | $3.9 billion | -$696 million |
| 2007 | $4.2 billion | $4.4 billion | -$242 million |
| 2008 | $4.4 billion | $4.1 billion | $312 million |
| 2009 | $2.6 billion | $3.2 billion | -$615 million |
| 2010 | $3.6 billion | $3.7 billion | -$23 million |
| 2011 | $4.9 billion | $4.1 billion | $767 million |
| 2012 | $6.6 billion | $4.3 billion | $2.3 billion |
| 2013 | $6.7 billion | $4.3 billion | $2.3 billion |
| 2014 | $6.4 billion | $4.9 billion | $1.5 billion |
| 2015 | $3.8 billion | $4.8 billion | -$1.1 billion |
| 2016 | $3.8 billion | $4.8 billion | -$1 billion |
| 2017 | $4.3 billion | $5.6 billion | -$1.3 billion |
| 2018 | $5.6 billion | $5.8 billion | -$264 million |
| 2019 | $5.2 billion | $4.8 billion | $346 million |
| 2020 | $4 billion | $3.9 billion | $92 million |
| 2021 | $5.5 billion | $4.6 billion | $852 million |
| 2022 | $6.2 billion | $5.3 billion | $959 million |
| 2023 | $6 billion | $6.4 billion | -$321 million |
| 2024 | $6.4 billion | $6.1 billion | $266 million |
What they sell each other
What Mexico sells to Spain
The top 10 headings in 2024, with their share of the total.
What Spain sells to Mexico
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Manzanillo and Valencia is 6,716 nautical miles (12,437 km) long: ≈ 15.5–20 days at sea (at 18 and 14 knots).
Passages it crosses: Panama Canal and Strait of Gibraltar.
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Spain was Mexico’s 11th largest trading partner (1% of its trade), and Mexico was Spain’s 15th (2%).
- Spain in Mexico’s trade
- 1.1%
- Spain’s rank among Mexico’s partners
- 11th
- Mexico in Spain’s trade
- 1.5%
- Mexico’s rank among Spain’s partners
- 15th
Compare with
Other partners of Mexico
Other partners of Spain
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.