Colombia vs Mexico: Bound rate, simple mean, manufactured products
Colombia
34.8%
in 2022
Mexico
35.0%
in 2022
Colombia rank
50th
Mexico rank
49th
Bound rate, simple mean, manufactured products over time
- Colombia
- Mexico
How they compare
Mexico currently reports 35.0% against 34.8% in Colombia, a difference of 0.2%.
Across all 25 years both countries report, Mexico has been ahead every year.
Colombia ranks 50th and Mexico ranks 49th of 157 countries.
Mexico has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Colombia | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.6% | 34.9% | 0.3% | Mexico |
| 2000s | 34.6% | 34.9% | 0.3% | Mexico |
| 2010s | 34.8% | 34.9% | 0.1% | Mexico |
| 2020s | 34.8% | 35.0% | 0.2% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, Colombia or Mexico?
- Mexico, at 35.0% against 34.8% in Colombia as of 2022.
- What is the difference in bound rate, simple mean, manufactured products between Colombia and Mexico?
- 0.2%, with Mexico ahead.
- How many years of comparable data are there for Colombia and Mexico?
- 25 years are reported by both, from 1995 to 2022.
- How do Colombia and Mexico rank globally for bound rate, simple mean, manufactured products?
- Colombia ranks 50th and Mexico ranks 49th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.