Bound rate, simple mean, manufactured products (%) in Mexico
Mexico: Bound rate, simple mean, manufactured products (%) was 35.0% in 2022. ▬ Flat
Bound rate, simple mean, manufactured products in Mexico, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, manufactured products in Mexico stood at 35.0%. That is the highest value across all 25 years on record.
The figure is up 0.1% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Mexico peaked at 35.0% in 2022 and was at its lowest, 34.9%, in 2002.
That places Mexico 49th out of 157 countries with data for 2022, putting it in the middle of the range.
Bound rate, simple mean, manufactured products (%) in Mexico, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 34.9% | — |
| 1996 | 34.9% | +0.0% |
| 1997 | 34.9% | +0.0% |
| 1998 | 34.9% | +0.0% |
| 1999 | 34.9% | +0.0% |
| 2000 | 34.9% | +0.0% |
| 2001 | 34.9% | +0.0% |
| 2002 | 34.9% | -0.1% |
| 2003 | 34.9% | +0.0% |
| 2004 | 34.9% | +0.0% |
| 2005 | 34.9% | +0.0% |
| 2006 | 34.9% | +0.0% |
| 2007 | 34.9% | +0.0% |
| 2008 | 34.9% | +0.1% |
| 2009 | 34.9% | +0.0% |
| 2010 | 34.9% | +0.0% |
| 2011 | 34.9% | +0.0% |
| 2012 | 34.9% | +0.0% |
| 2013 | 34.9% | -0.0% |
| 2014 | 34.9% | +0.0% |
| 2015 | 35.0% | +0.1% |
| 2016 | 35.0% | +0.0% |
| 2017 | 35.0% | +0.0% |
| 2018 | 35.0% | +0.0% |
| 2022 | 35.0% | +0.0% |
Mexico compared with similar countries
- Mexico's 35.0% is above the median for upper middle income countries, which is 19.9%, 1.8× the median. (45 countries reporting)
- Mexico's 35.0% is below the median for Latin America & Caribbean, which is 35.2%, 99% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.9% | 34.9% | 34.9% | 5 |
| 2000s | 34.9% | 34.9% | 34.9% | 10 |
| 2010s | 34.9% | 34.9% | 35.0% | 9 |
| 2020s | 35.0% | 35.0% | 35.0% | 1 |
Countries ranked near Mexico
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)
- Commercial service imports 77.81 billion current US$ (2025)
- Food exports 7.5% (2025)
- Manufactures exports 81.2% (2025)
- Merchandise exports 664.84 billion current US$ (2025)
- Commercial service exports 65.63 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,039 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Mexico?
- Bound rate, simple mean, manufactured products in Mexico was 35.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Mexico?
- The highest recorded value was 35.0% in 2022.
- What is the lowest bound rate, simple mean, manufactured products recorded in Mexico?
- The lowest recorded value was 34.9% in 2002.
- How does Mexico rank for bound rate, simple mean, manufactured products?
- Mexico ranks 49th out of 157 countries with data for 2022.
- Is bound rate, simple mean, manufactured products rising or falling in Mexico?
- Over the last ten years it is up 0.1%. 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 Bound rate, simple mean, manufactured 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
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.