Merchandise exports to low- and middle-income economies in Latin in Mexico
Mexico: Merchandise exports to low- and middle-income economies in Latin was 3.3% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies in Latin in Mexico, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Mexico is 3.3%, measured in 2023.
Compared with earlier readings it is down 10.2% on the previous year and down 41.2% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Mexico peaked at 11.9% in 1975 and was at its lowest, 2.2%, in 1960.
That places Mexico 43rd out of 203 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Mexico, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 2.2% | — |
| 1961 | 2.6% | +20.1% |
| 1962 | 3.3% | +25.4% |
| 1963 | 4.0% | +22.7% |
| 1964 | 4.4% | +7.8% |
| 1965 | 4.1% | -5.8% |
| 1966 | 6.0% | +46.3% |
| 1967 | 5.8% | -2.6% |
| 1968 | 5.9% | +0.5% |
| 1969 | 6.6% | +12.7% |
| 1970 | 7.0% | +6.4% |
| 1971 | 8.3% | +17.7% |
| 1972 | 8.3% | +0.3% |
| 1973 | 8.4% | +1.1% |
| 1974 | 10.6% | +25.7% |
| 1975 | 11.9% | +12.3% |
| 1976 | 11.1% | -6.7% |
| 1977 | 10.4% | -6.4% |
| 1978 | 7.1% | -31.7% |
| 1979 | 5.0% | -28.8% |
| 1980 | 5.7% | +12.9% |
| 1981 | 8.4% | +46.7% |
| 1982 | 7.4% | -11.9% |
| 1983 | 6.6% | -10.6% |
| 1984 | 5.7% | -12.9% |
| 1985 | 4.8% | -15.9% |
| 1986 | 5.4% | +12.1% |
| 1987 | 5.8% | +8.0% |
| 1988 | 5.7% | -3.0% |
| 1989 | 5.5% | -3.5% |
| 1990 | 5.1% | -6.8% |
| 1991 | 3.5% | -31.7% |
| 1992 | 4.1% | +17.0% |
| 1993 | 3.5% | -13.5% |
| 1994 | 3.5% | -0.7% |
| 1995 | 4.1% | +16.6% |
| 1996 | 3.7% | -10.3% |
| 1997 | 3.4% | -7.7% |
| 1998 | 3.0% | -12.5% |
| 1999 | 2.4% | -19.0% |
| 2000 | 2.4% | -1.6% |
| 2001 | 2.5% | +4.5% |
| 2002 | 2.5% | +3.5% |
| 2003 | 2.5% | -1.3% |
| 2004 | 2.8% | +10.8% |
| 2005 | 3.3% | +18.9% |
| 2006 | 3.6% | +9.3% |
| 2007 | 4.4% | +22.1% |
| 2008 | 5.2% | +18.5% |
| 2009 | 4.9% | -7.0% |
| 2010 | 5.4% | +10.9% |
| 2011 | 6.0% | +11.1% |
| 2012 | 6.0% | +0.1% |
| 2013 | 5.7% | -5.4% |
| 2014 | 5.1% | -10.5% |
| 2015 | 4.7% | -8.4% |
| 2016 | 4.3% | -8.1% |
| 2017 | 4.2% | -1.4% |
| 2018 | 4.1% | -2.5% |
| 2019 | 3.8% | -6.9% |
| 2020 | 3.5% | -9.6% |
| 2021 | 3.8% | +8.5% |
| 2022 | 3.7% | -1.0% |
| 2023 | 3.3% | -10.2% |
Mexico compared with similar countries
- Mexico's 3.3% is above the median for upper middle income countries, which is 1.9%, 1.7× the median. (58 countries reporting)
- Mexico's 3.3% is below the median for Latin America & Caribbean, which is 14.5%, 23% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.5% | 2.2% | 6.6% | 10 |
| 1970s | 8.8% | 5.0% | 11.9% | 10 |
| 1980s | 6.1% | 4.8% | 8.4% | 10 |
| 1990s | 3.6% | 2.4% | 5.1% | 10 |
| 2000s | 3.4% | 2.4% | 5.2% | 10 |
| 2010s | 4.9% | 3.8% | 6.0% | 10 |
| 2020s | 3.6% | 3.3% | 3.8% | 4 |
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)
- 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 merchandise exports to low- and middle-income economies in latin in Mexico?
- Merchandise exports to low- and middle-income economies in latin in Mexico was 3.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Mexico?
- The highest recorded value was 11.9% in 1975.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Mexico?
- The lowest recorded value was 2.2% in 1960.
- How does Mexico rank for merchandise exports to low- and middle-income economies in latin?
- Mexico ranks 43rd out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Mexico?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.