Tariff rate, applied, simple mean, all products in Mexico

Mexico: Tariff rate, applied, simple mean, all products was 2.7% in 2022. ◆ Volatile

Latest (2022)
2.7%
World rank
132nd
of 184 countries
All-time high
18.3%
in 2003
All-time low
2.7%
in 2022
Years of data
26
1991–2022

Tariff rate, applied, simple mean, all products in Mexico, 1991–2022

51015201991200620221991: 14.3 %1995: 12.4 %1996: 14.6 %1997: 14.8 %1998: 14.7 %1999: 16 %2000: 18 %2001: 18.1 %2002: 15.3 %2003: 18.3 %2004: 10.2 %2005: 9.2 %2006: 8 %2007: 6.4 %2008: 6.2 %2009: 5.3 %2010: 7.7 %2011: 7.5 %2012: 6.8 %2013: 6.5 %2014: 3 %2015: 6.1 %2016: 6.2 %2017: 3 %2018: 3.3 %2022: 2.7 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, simple mean, all products in Mexico is 2.7%, measured in 2022. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 60.6% over ten years.

Over the whole period, tariff rate, applied, simple mean, all products in Mexico peaked at 18.3% in 2003 and was at its lowest, 2.7%, in 2022.

That places Mexico 132nd out of 184 countries with data for 2022, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 14.4% 12.4% 16.0% 6
2000s 11.5% 5.3% 18.3% 10
2010s 5.6% 3.0% 7.7% 9
2020s 2.7% 2.7% 2.7% 1

Countries ranked near Mexico

  1. 129 Myanmar 3.0% compare
  2. 129 Nicaragua 3.0% compare
  3. 131 United States 2.7% compare
  4. 133 Costa Rica 2.6% compare
  5. 134 Norway 2.6% compare
  6. 135 East Timor 2.5% compare

See the full ranking of 185 places →

More private sector data for Mexico

All data for Mexico →

Frequently asked questions

What is tariff rate, applied, simple mean, all products in Mexico?
Tariff rate, applied, simple mean, all products in Mexico was 2.7% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, all products recorded in Mexico?
The highest recorded value was 18.3% in 2003.
What is the lowest tariff rate, applied, simple mean, all products recorded in Mexico?
The lowest recorded value was 2.7% in 2022.
How does Mexico rank for tariff rate, applied, simple mean, all products?
Mexico ranks 132nd out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, all products rising or falling in Mexico?
Over the last ten years it is down 60.6%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, all products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, simple mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.