The first diplomatic relations between Mexico and Iran date back to 1889, although cooperation and trade between the two friend nations was not formally established until 1937.
Mexico and Iran have enjoyed increasingly close political and economic relations over the years, growing with the volume of bilateral trade and economic cooperation. The two countries aim to expand cooperation in several sectors, sharing science and technology, particularly in the oil industry. Both countries have also shared successful experiences in cultural cooperation and exchange. In 2008, an agreement to form a Mexico-Iran parliamentary friendship group was made at the Mexican parliament.