Binding coverage, all products in Mexico
Mexico: Binding coverage, all products was 100.0% in 2022. ▬ Flat
Latest (2022)
100.0%
World rank
4th
of 158 countries
All-time high
100.0%
in 1995
All-time low
100.0%
in 2022
Years of data
25
1995–2022
Binding coverage, all products in Mexico, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, all products in Mexico stood at 100.0%. That is the lowest value across all 25 years on record.
That represents a change of down 0.0% over ten years.
Over the whole period, binding coverage, all products in Mexico peaked at 100.0% in 1995 and was at its lowest, 100.0%, in 2022.
That places Mexico 4th out of 158 countries with data for 2022, putting it in the top 10%.
Binding coverage, all products in Mexico, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 100.0% | — |
| 1996 | 100.0% | +0.0% |
| 1997 | 100.0% | +0.0% |
| 1998 | 100.0% | +0.0% |
| 1999 | 100.0% | +0.0% |
| 2000 | 100.0% | +0.0% |
| 2001 | 100.0% | +0.0% |
| 2002 | 100.0% | +0.0% |
| 2003 | 100.0% | +0.0% |
| 2004 | 100.0% | +0.0% |
| 2005 | 100.0% | +0.0% |
| 2006 | 100.0% | +0.0% |
| 2007 | 100.0% | +0.0% |
| 2008 | 100.0% | +0.0% |
| 2009 | 100.0% | +0.0% |
| 2010 | 100.0% | +0.0% |
| 2011 | 100.0% | +0.0% |
| 2012 | 100.0% | +0.0% |
| 2013 | 100.0% | +0.0% |
| 2014 | 100.0% | +0.0% |
| 2015 | 100.0% | +0.0% |
| 2016 | 100.0% | +0.0% |
| 2017 | 100.0% | +0.0% |
| 2018 | 100.0% | +0.0% |
| 2022 | 100.0% | -0.0% |
Mexico compared with similar countries
- Mexico's 100.0% is above the median for upper middle income countries, which is 40.6%, 2.5× the median. (45 countries reporting)
- Mexico's 100.0% is above the median for Latin America & Caribbean, which is 96.7%, 1.0× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.0% | 100.0% | 100.0% | 5 |
| 2000s | 100.0% | 100.0% | 100.0% | 10 |
| 2010s | 100.0% | 100.0% | 100.0% | 9 |
| 2020s | 100.0% | 100.0% | 100.0% | 1 |
Countries ranked near Mexico
- 1 Democratic Republic of Congo 100.0% compare
- 1 Tajikistan 100.0% compare
- 1 Trinidad and Tobago 100.0% compare
- 4 Angola 100.0% compare
- 4 Argentina 100.0% compare
- 4 Armenia 100.0% compare
- 4 Bolivia 100.0% compare
- 4 Brazil 100.0% compare
- 4 Chile 100.0% compare
- 4 Colombia 100.0% compare
- 4 Djibouti 100.0% compare
- 4 Georgia 100.0% compare
- 4 Grenada 100.0% compare
- 4 Guyana 100.0% compare
- 4 Laos 100.0% compare
- 4 Moldova 100.0% compare
- 4 Morocco 100.0% compare
- 4 Papua New Guinea 100.0% compare
- 4 Paraguay 100.0% compare
- 4 Peru 100.0% compare
- 4 Russia 100.0% compare
- 4 Seychelles 100.0% compare
- 4 Tonga 100.0% compare
- 4 Ukraine 100.0% compare
- 4 United Arab Emirates 100.0% compare
- 4 Uruguay 100.0% compare
More private sector data for Mexico
- Merchandise trade 73.5% (2025)
- Food imports 6.3% (2025)
- Manufactures imports 78.0% (2025)
- Merchandise imports 683.02 billion current US$ (2025)
- Food exports 7.5% (2025)
- Manufactures exports 81.2% (2025)
- Merchandise exports 664.84 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,039 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3628 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.64 % change on previous year (2025)
Frequently asked questions
- What is binding coverage, all products in Mexico?
- Binding coverage, all products in Mexico was 100.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, all products recorded in Mexico?
- The highest recorded value was 100.0% in 1995.
- What is the lowest binding coverage, all products recorded in Mexico?
- The lowest recorded value was 100.0% in 2022.
- How does Mexico rank for binding coverage, all products?
- Mexico ranks 4th out of 158 countries with data for 2022.
- Is binding coverage, all products rising or falling in Mexico?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
- Where does this Mexico data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.