Germany-Mexico Bilateral Trade Analysis 2023
Complete trade statistics: $30.91B total volume •Germany surplus: $9.31B
Germany → Mexico
$20.11B
Exports (2023)
Mexico → Germany
$10.80B
Imports (2023)
Trade Balance
$9.31B
Surplus for Germany
Total Trade
$30.91B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Germany and Mexico. Green line shows exports from Germany, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Germany-Mexico commercial relationship and competitive positioning in global markets.
Germany → Mexico Exports
Export Market Intelligence
🎯 Strategic Export Focus
Germany's export portfolio to Mexico demonstrates strong diversification across multiple sectors, with aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg representing a key competitive advantage in this bilateral market.
Mexico → Germany Imports
Import Dependency Profile
📦 Import Strategy Analysis
Germany's import pattern from Mexico reveals significant dependencyin vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Germany demonstrates competitive strength in exportingaeroplanes and other aircraft: of an unladen weight exceeding 15,000kg to Mexico, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $30.91B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Germany-Mexico Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $30.91 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Germany maintains a surplus of $9.31 billion
- Export Focus: Germany's primary exports include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, vehicle parts: gear boxes and parts thereof, iron or steel (excluding cast iron): line pipe of a kind used for oil or gas pipelines (not seamless), longitudinally submerged arc welded, having circular cross-sections, external diameter exceeds 406.4mm
- Import Dependencies: Key imports from Mexico include vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc, vehicles: with both compression-ignition internal combustion piston engine (diesel or semi-diesel) and electric motor for propulsion, incapable of being charged by plugging to external source of electric power
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $30.91B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Germany leveraging its comparative advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Germany's specialization in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kgcomplements Mexico's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $30.91B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $30.91B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $30.91 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg and vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Germany's trade surplus of $9.31 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Germany and Mexico represents a total trade volume of $30.91 billion in 2023. This partnership demonstrates a favorable trade balance for Germany, with exports exceeding importsby $9.31 billion.
Export Strengths
Germany's exports to Mexico total $20.11 billion, with competitive advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, representing $1.30B or6.5% of bilateral exports.
Import Dependencies
Imports from Mexico amount to $10.80 billion, highlighting economic interdependence in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, with Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc comprising12.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Germany's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Germany and Mexico in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023