Spain vs Mexico: 2023 Trade Comparison

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

SpainMetricMexico
$407.20BTotal exports$605.37B
$462.31BTotal imports$538.39B
$-55.12BTrade balance$66.98B
$869.51BTotal trade volume$1.14T
#16Global export rank#9
#15Global import rank#12

Direct trade between Spain and Mexico

SpainMexico
$5.96B
MexicoSpain
$6.00B

Spain top exports

  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$13.96B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$13.22B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc$12.71B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000cc$6.26B
  • n.e.c. in heading no. 8708$5.33B

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

Shared top trade partners

Both countries appear as major export destinations for 3 of the same partners:

USAGermanyUnited Kingdom