Mexico vs Brazil: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

MexicoMetricBrazil
$605.37BTotal exports$351.75B
$538.39BTotal imports$252.06B
$66.98BTrade balance$99.69B
$1.14TTotal trade volume$603.81B
#9Global export rank#22
#12Global import rank#26

Direct trade between Mexico and Brazil

MexicoBrazil
$5.74B
BrazilMexico
$8.59B

Mexico top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$32.19B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc$32.04B
  • processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit$28.00B
  • spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), n.e.c. in item no 8704.1$24.07B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc$14.36B

Brazil top exports

  • other than seed, whether or not broken$53.58B
  • petroleum oils and oils obtained from bituminous minerals, crude$43.76B
  • non-agglomerated$30.05B
  • maize (corn), other than seed$13.63B
  • cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter$13.32B

Shared top trade partners

Both countries appear as major export destinations for 5 of the same partners:

ChinaUSAJapanSpainGermany