Mexico vs Venezuela: Bound rate, simple mean, manufactured products (%)
Mexico
35.0%
in 2022
Venezuela
33.9%
in 2022
Mexico rank
49th
Venezuela rank
51st
Bound rate, simple mean, manufactured products (%) over time
- Mexico
- Venezuela
How they compare
Mexico currently reports 35.0% against 33.9% in Venezuela, a difference of 1.1%.
Across all 24 years both countries report, Mexico has been ahead every year.
Mexico ranks 49th and Venezuela ranks 51st of 157 countries.
Mexico has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mexico | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.9% | 33.9% | 1.1% | Mexico |
| 2000s | 34.9% | 33.9% | 1.0% | Mexico |
| 2010s | 34.9% | 33.9% | 1.1% | Mexico |
| 2020s | 35.0% | 33.9% | 1.1% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, Mexico or Venezuela?
- Mexico, at 35.0% against 33.9% in Venezuela as of 2022.
- What is the difference in bound rate, simple mean, manufactured products between Mexico and Venezuela?
- 1.1%, with Mexico ahead.
- How many years of comparable data are there for Mexico and Venezuela?
- 24 years are reported by both, from 1995 to 2022.
- How do Mexico and Venezuela rank globally for bound rate, simple mean, manufactured products?
- Mexico ranks 49th and Venezuela ranks 51st 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.