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Mexico–Saudi Arabia relations refers to the diplomatic relations between Mexico and Saudi Arabia. Both nations are mutual members of the G-20 major economies and the United Nations.
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History
Mexico and Saudi Arabia established diplomatic relations on 12 September 1952. On 31 July 1975, Mexican President Luis Echeverría paid a five day visit to Saudi Arabia and met with King Khalid bin Abdulaziz Al Saud in Jeddah. The two leaders also discussed current events taking place in the Middle East at the time.
In October 1981, Saudi Crown Prince Fahd bin Abdulaziz Al Saud visited Mexico to attend the North–South Summit and met with Mexican President José López Portillo. In 1981, both nations opened embassies in each other's capital's, respectively. In June 2010, Mexican Foreign Minister Patricia Espinosa Cantellano paid a visit to Saudi Arabia. In 2012, both countries celebrated the 60th anniversary of the establishment of diplomatic relations. In March 2014, Mexican Foreign Minister José Antonio Meade Kuribreña also paid a visit to Saudi Arabia.
In January 2016, Mexican President Enrique Peña Nieto, paid an official visit to Saudi Arabia. During his visit, President Peña Nieto met with King Salman bin Abdulaziz Al Saud and together they signed 17 bilateral agreements in: cooperation on combating organized crime; tax evasion cooperation and the abolishment of double taxation; energy; trade; protection of investments and cultural and sports agreements. President Peña Nieto also awarded the Order of the Aztec Eagle to King Salman.
Trade relations
In 2015, two-way trade between both nations amounted to $387 million USD. Saudi Arabia is Mexico's biggest trading partner among the Arab nations and 41st globally. Mexico's main exports to the kingdom include: copper wires, aluminium alloy and honey. Saudi Arabia's main exports to Mexico include: gas and propane gas. Mexican multinational company KidZania operates in Saudi Arabia.