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Trade between Mexico and the United Kingdom

In 2024, Mexico exported $6.1 billion to the United Kingdom and imported $2.3 billion. Mexico ran a surplus of $3.9 billion with the United Kingdom, compared with a surplus of $1.2 billion in 2019. The United Kingdom was Mexico’s 15th largest trading partner (0.7% of its trade), and Mexico was the United Kingdom’s 27th (0.7%).

Summary

Mexico → United Kingdom
$6.1billion
United Kingdom → Mexico
$2.3billion
Mexico’s balance
$3.9billion

Balance

Mexico’s trade balance with the United Kingdom

Trade between Mexico and the United Kingdom grew 7.2-fold since 1995

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

  • Exports 6.1
  • Imports 2.3
  • Balance +3.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$616 million$548 million$69 million
1996$553 million$678 million-$125 million
1997$646 million$905 million-$258 million
1998$703 million$1.1 billion-$361 million
1999$847 million$1.2 billion-$327 million
2000$1.4 billion$1.3 billion$119 million
2001$1.6 billion$1.4 billion$129 million
2002$1.1 billion$1.4 billion-$337 million
2003$1.2 billion$1.3 billion-$138 million
2004$1.4 billion$1.4 billion-$47 million
2005$2 billion$1.8 billion$198 million
2006$2 billion$2.1 billion-$81 million
2007$2.7 billion$2.2 billion$412 million
2008$2.9 billion$2.6 billion$298 million
2009$1.7 billion$1.7 billion-$40 million
2010$2.5 billion$1.9 billion$556 million
2011$2.4 billion$1.9 billion$471 million
2012$3.2 billion$2.1 billion$1.1 billion
2013$1.8 billion$2.2 billion-$459 million
2014$2 billion$2.1 billion-$149 million
2015$2.1 billion$2.1 billion$5 million
2016$2.6 billion$1.9 billion$675 million
2017$2.5 billion$2.4 billion$77 million
2018$2.7 billion$2.2 billion$512 million
2019$3.4 billion$2.2 billion$1.2 billion
2020$3.4 billion$1.5 billion$1.8 billion
2021$3.7 billion$1.6 billion$2.1 billion
2022$5.3 billion$1.9 billion$3.5 billion
2023$5.5 billion$2.3 billion$3.2 billion
2024$6.1 billion$2.3 billion$3.9 billion

What they sell each other

What Mexico sells to the United Kingdom

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

  1. Gold$1.7 billion · 28.2%
    23 tonnes · Mexico’s destinations
  2. Cars$1.4 billion · 23.6%
    35 thousand tonnes · Mexico’s destinations
  3. Cameras and broadcast equipment$359 million · 5.9%
    733 tonnes
  4. Medical and dental instruments$322 million · 5.3%
    2 thousand tonnes · Mexico’s destinations
  5. Orthopedic and hearing devices$151 million · 2.5%
    337 tonnes
  6. Turbojets and gas turbines$131 million · 2.1%
    111 tonnes · Mexico’s destinations
  7. Cables and wire$98 million · 1.6%
    7 thousand tonnes · Mexico’s destinations
  8. Low-voltage switches and connectors$83 million · 1.4%
    573 tonnes
  9. Aircraft parts$82 million · 1.3%
    239 tonnes
  10. Computers$77 million · 1.3%
    395 tonnes · Mexico’s destinations

What the United Kingdom sells to Mexico

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

  1. Cars$249 million · 11.1%
    9 thousand tonnes · the United Kingdom’s destinations
  2. Spirits$140 million · 6.2%
    23 thousand tonnes
  3. X-ray and radiation equipment$118 million · 5.2%
    949 tonnes
  4. Turbojets and gas turbines$98 million · 4.3%
    149 tonnes · the United Kingdom’s destinations
  5. Medicines in measured doses or retail packs$89 million · 4%
    1 thousand tonnes · the United Kingdom’s destinations
  6. Ferroalloys$75 million · 3.3%
    2 thousand tonnes
  7. Other plastic articles$64 million · 2.8%
    1 thousand tonnes
  8. Other industrial machines$52 million · 2.3%
    465 tonnes
  9. Computer and office machine parts$46 million · 2.1%
    3 thousand tonnes
  10. Physical and chemical analysis instruments$35 million · 1.6%
    82 tonnes

How it travels

Estimated sea route from Manzanillo to Felixstowe.

The estimated sea route between Manzanillo and Felixstowe 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 Dover.

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$3 billion · 35.5%
  2. Air$5.4 billion · 64.5%

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

How much each matters to the other

The United Kingdom was Mexico’s 15th largest trading partner (0.7% of its trade), and Mexico was the United Kingdom’s 27th (0.7%).

The United Kingdom in Mexico’s trade
0.7%
The United Kingdom’s rank among Mexico’s partners
15th
Mexico in the United Kingdom’s trade
0.7%
Mexico’s rank among the United Kingdom’s partners
27th

Compare with

Other partners of Mexico

Other partners of the United Kingdom

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.