Indonesia (IDN) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Indonesia-Mexico Trade: In 2022, Indonesia exported $1.85B to Mexico. The main products that Indonesia exported to Mexico were Cars ($316M), Uncoated Paper ($148M), and Textile Footwear ($125M). Over the past 5 years the exports of Indonesia to Mexico have increased at an annualized rate of 6.73%, from $1.34B in 2017 to $1.85B in 2022.

In 2022, Indonesia did not export any services to Mexico.

Mexico-Indonesia Trade: In 2022, Mexico exported $272M to Indonesia. The main products that Mexico exported to Indonesia were Centrifuges ($24M), Motor vehicles; parts and accessories (8701 to 8705) ($17.4M), and Liquid Pumps ($13.9M). Over the past 5 years the exports of Mexico to Indonesia have decreased at an annualized rate of 6.16%, from $374M in 2017 to $272M in 2022.

In 2022, Mexico did not export any services to Indonesia.

Comparison: In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Indonesia exported $1.85B to Mexico. The main products exported from Indonesia to Mexico were Cars ($316M), Uncoated Paper ($148M), and Textile Footwear ($125M). During the last 5 years the exports of Indonesia to Mexico have increased at an annualized rate of 6.73%, from $1.34B in 2017 to $1.85B in 2022.

In 2017, Mexico exported $272M to Indonesia. The main products exported from Mexico to Indonesia were Centrifuges ($24M), Motor vehicles; parts and accessories (8701 to 8705) ($17.4M), and Liquid Pumps ($13.9M). During the last 5 years the exports of Mexico to Indonesia have decreased at an annualized rate of 6.16%, from $374M in 2022 to $272M in 2017.

Exports from Indonesia () to Mexico () (2022)

Exports from Mexico () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Mexico ()

Indonesia Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$67.7B

Mexico
Top DestinationUnited States$421B

This map shows whether countries import more from Indonesia or Mexico. Each country is colored based on the difference in imports they receive from Indonesia and Mexico or the difference in the growth in imports.

In 2022, countries that imported more from Indonesia than Mexico included China ($67.7B), Japan ($26.6B), and India ($25.3B).

In 2022, countries that imported more from Mexico than Indonesia included United States ($421B), Canada ($22.2B), and Colombia ($3.6B).

Difference in imports from Mexico () and Indonesia () (2022)

Comparative Advantage Indonesia - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Indonesia and Mexico by product, considering products traded by both, Indonesia and Mexico.

During 2022, Indonesia had a large net trade with Mexico in the exports of Machines ($344M), Transportation ($343M), and Footwear and Headwear ($219M).

During 2017, Mexico had a large net trade with Indonesia in the exports of Machines ($141M), Chemical Products ($33M), and Transportation ($27.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Mexico+$113MPetroleum Gas

Top Product Potential Mexico Indonesia+$55.9MComputers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Indonesia and Mexico. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Indonesia.

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Mexico () (2022)

Exports from Mexico () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Mexico ()

Indonesia Exports

Mexico Exports

Market Competitiveness

Difference in imports from Mexico () and Indonesia () (2022)

Comparative Advantage Indonesia - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Mexico () (2022)

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