Merchandise imports by the reporting economy in Mexico

Mexico: Merchandise imports by the reporting economy was 633.53 billion current US$ in 2023. ◆ Volatile

Latest (2023)
633.53 billion current US$
Change on year
down 1.0%
World rank
12th
of 204 countries
All-time high
640.21 billion current US$
in 2022
All-time low
1.12 billion current US$
in 1961
Years of data
64
1960–2023

Merchandise imports by the reporting economy in Mexico, 1960–2023

0200.0B400.0B600.0B196019912023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2023, merchandise imports by the reporting economy in Mexico stood at 633.53 billion current US$.

The figure is down 1.0% on the previous year and up 57.0% over ten years.

Over the whole period, merchandise imports by the reporting economy in Mexico peaked at 640.21 billion current US$ in 2022 and was at its lowest, 1.12 billion current US$, in 1961.

That places Mexico 12th out of 204 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.49 billion current US$ 1.12 billion current US$ 2.04 billion current US$ 10
1970s 5.38 billion current US$ 2.20 billion current US$ 11.83 billion current US$ 10
1980s 15.84 billion current US$ 7.99 billion current US$ 23.93 billion current US$ 10
1990s 89.89 billion current US$ 32.25 billion current US$ 154.83 billion current US$ 10
2000s 230.49 billion current US$ 177.99 billion current US$ 326.27 billion current US$ 10
2010s 415.56 billion current US$ 318.94 billion current US$ 491.48 billion current US$ 10
2020s 553.64 billion current US$ 405.39 billion current US$ 640.21 billion current US$ 4

Countries ranked near Mexico

  1. 9 Hong Kong 655.42 billion current US$ compare
  2. 10 South Korea 640.41 billion current US$ compare
  3. 11 Italy 634.52 billion current US$ compare
  4. 13 Canada 585.79 billion current US$ compare
  5. 14 Belgium 555.30 billion current US$ compare
  6. 15 Spain 468.47 billion current US$ compare

See the full ranking of 252 places →

More private sector data for Mexico

All data for Mexico →

Frequently asked questions

What is merchandise imports by the reporting economy in Mexico?
Merchandise imports by the reporting economy in Mexico was 633.53 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports by the reporting economy recorded in Mexico?
The highest recorded value was 640.21 billion current US$ in 2022.
What is the lowest merchandise imports by the reporting economy recorded in Mexico?
The lowest recorded value was 1.12 billion current US$ in 1961.
How does Mexico rank for merchandise imports by the reporting economy?
Mexico ranks 12th out of 204 countries with data for 2023.
Is merchandise imports by the reporting economy rising or falling in Mexico?
Over the last ten years it is up 57.0%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,499 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.