Value of imported goods as a share of GDP in Mexico

Mexico: Value of imported goods as a share of GDP was 36.2% in 2024. ◆ Volatile

Latest (2024)
36.2%
Change on year
up 2.4%
World rank
85th
of 201 countries
All-time high
43.6%
in 2022
All-time low
4.9%
in 1983
Years of data
65
1960–2024

Value of imported goods as a share of GDP in Mexico, 1960–2024

010203040196019922024

Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for value of imported goods as a share of gdp in Mexico is 36.2%, measured in 2024.

That represents a change of up 2.4% on the previous year and up 16.6% over ten years.

Over the whole period, value of imported goods as a share of gdp in Mexico peaked at 43.6% in 2022 and was at its lowest, 4.9%, in 1983.

Mexico ranks 85th of 201 countries on this measure, in the middle of the range.

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

Value of imported goods as a share of GDP in Mexico, year by year

Annual values for Value of imported goods as a share of GDP in Mexico, 1960 to 2024.
Year % Change
1960 8.5%
1961 7.4% -12.5%
1962 6.8% -7.8%
1963 6.7% -1.1%
1964 6.8% +1.3%
1965 6.5% -5.0%
1966 6.0% -7.1%
1967 6.0% -0.1%
1968 6.0% +0.3%
1969 5.8% -3.4%
1970 6.0% +2.3%
1971 5.2% -13.6%
1972 5.4% +3.8%
1973 6.3% +18.0%
1974 7.7% +21.6%
1975 6.9% -10.7%
1976 6.3% -8.6%
1977 6.3% -0.3%
1978 6.8% +8.3%
1979 8.3% +22.3%
1980 8.3% -0.1%
1981 8.2% -0.9%
1982 7.3% -11.5%
1983 4.9% -32.5%
1984 5.4% +9.7%
1985 7.0% +29.7%
1986 8.6% +23.4%
1987 8.7% +0.9%
1988 10.9% +26.1%
1989 10.4% -5.0%
1990 12.4% +19.0%
1991 17.2% +39.4%
1992 18.5% +7.6%
1993 13.5% -27.5%
1994 15.6% +16.0%
1995 20.8% +33.2%
1996 22.6% +8.6%
1997 22.9% +1.2%
1998 24.5% +7.2%
1999 24.5% +0.0%
2000 24.8% +1.3%
2001 22.4% -10.0%
2002 22.0% -1.7%
2003 23.5% +7.1%
2004 25.4% +7.8%
2005 25.5% +0.7%
2006 26.5% +3.8%
2007 27.0% +2.0%
2008 28.1% +3.9%
2009 26.3% -6.5%
2010 28.9% +9.8%
2011 30.2% +4.7%
2012 31.3% +3.5%
2013 30.4% -2.8%
2014 31.0% +2.1%
2015 34.5% +11.2%
2016 36.8% +6.8%
2017 37.4% +1.4%
2018 39.1% +4.7%
2019 36.9% -5.6%
2020 36.2% -2.1%
2021 40.7% +12.5%
2022 43.6% +7.3%
2023 35.3% -19.1%
2024 36.2% +2.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.7% 5.8% 8.5% 10
1970s 6.5% 5.2% 8.3% 10
1980s 8.0% 4.9% 10.9% 10
1990s 19.3% 12.4% 24.5% 10
2000s 25.2% 22.0% 28.1% 10
2010s 33.6% 28.9% 39.1% 10
2020s 38.4% 35.3% 43.6% 5

Countries ranked near Mexico

  1. 82 Libya 36.9% compare
  2. 83 Senegal 36.4% compare
  3. 84 Greenland 36.3% compare
  4. 86 Romania 35.7% compare
  5. 87 Albania 35.5% compare
  6. 88 Greece 35.4% compare

See the full ranking of 201 places →

More economy & growth data for Mexico

All data for Mexico →

Frequently asked questions

What is value of imported goods as a share of gdp in Mexico?
Value of imported goods as a share of gdp in Mexico was 36.2% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
What is the highest value of imported goods as a share of gdp recorded in Mexico?
The highest recorded value was 43.6% in 2022.
What is the lowest value of imported goods as a share of gdp recorded in Mexico?
The lowest recorded value was 4.9% in 1983.
How does Mexico rank for value of imported goods as a share of gdp?
Mexico ranks 85th out of 201 countries with data for 2024.
Is value of imported goods as a share of gdp rising or falling in Mexico?
Over the last ten years it is up 16.6%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.

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Value of imported goods as a share of GDP in Mexico. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/merchandise-imports-as-a-share-of-countrys-gdp/mexico/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).