Mexico vs Venezuela, Bolivarian Republic of: Bound rate, simple mean, manufactured products
Mexico
35.0%
in 2022
Venezuela, Bolivarian Republic of
33.9%
in 2022
Mexico rank
49th
Venezuela, Bolivarian Republic of rank
51st
Bound rate, simple mean, manufactured products over time
- Mexico
- Venezuela, Bolivarian Republic of
How they compare
Mexico currently reports 35.0% against 33.9% in Venezuela, Bolivarian Republic of, a difference of 1.1%.
Across all 24 years both countries report, Mexico has been ahead every year.
Mexico ranks 49th and Venezuela, Bolivarian Republic of 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, Bolivarian Republic of | 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, Bolivarian Republic of?
- Mexico, at 35.0% against 33.9% in Venezuela, Bolivarian Republic of as of 2022.
- What is the difference in bound rate, simple mean, manufactured products between Mexico and Venezuela, Bolivarian Republic of?
- 1.1%, with Mexico ahead.
- How many years of comparable data are there for Mexico and Venezuela, Bolivarian Republic of?
- 24 years are reported by both, from 1995 to 2022.
- How do Mexico and Venezuela, Bolivarian Republic of rank globally for bound rate, simple mean, manufactured products?
- Mexico ranks 49th and Venezuela, Bolivarian Republic of 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.