Merchandise trade as a proportion of GDP (%) in Mexico
Mexico: Merchandise trade as a proportion of GDP (%) was 67.9% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Mexico, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Mexico recorded 67.9% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is up 0.6% on the previous year and up 14.7% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Mexico peaked at 82.1% in 2022 and was at its lowest, 41.2%, in 2002.
Mexico ranks 73rd of 220 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Mexico, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 46.6% | — |
| 2001 | 41.7% | -10.6% |
| 2002 | 41.2% | -1.2% |
| 2003 | 44.5% | +8.0% |
| 2004 | 47.6% | +7.1% |
| 2005 | 48.2% | +1.3% |
| 2006 | 50.3% | +4.4% |
| 2007 | 51.0% | +1.3% |
| 2008 | 52.5% | +2.9% |
| 2009 | 49.9% | -4.8% |
| 2010 | 55.0% | +10.2% |
| 2011 | 57.8% | +5.0% |
| 2012 | 59.9% | +3.5% |
| 2013 | 58.1% | -3.0% |
| 2014 | 59.3% | +2.0% |
| 2015 | 64.8% | +9.3% |
| 2016 | 69.4% | +7.1% |
| 2017 | 70.7% | +1.9% |
| 2018 | 73.8% | +4.5% |
| 2019 | 71.1% | -3.6% |
| 2020 | 72.3% | +1.6% |
| 2021 | 77.3% | +6.9% |
| 2022 | 82.1% | +6.2% |
| 2023 | 67.5% | -17.7% |
| 2024 | 67.9% | +0.6% |
Mexico compared with similar countries
- Mexico's 67.9% is above the median for upper middle income countries, which is 56.9%, 1.2× the median. (55 countries reporting)
- Mexico's 67.9% is above the median for Latin America & Caribbean, which is 43.3%, 1.6× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.3% | 41.2% | 52.5% | 10 |
| 2010s | 64.0% | 55.0% | 73.8% | 10 |
| 2020s | 73.4% | 67.5% | 82.1% | 5 |
Countries ranked near Mexico
More economy & growth data for Mexico
- Real gdp growth, annual growth rate -56.52 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.18 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 124.78 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7963 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 91.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 1.94 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Mexico?
- Merchandise trade as a proportion of gdp in Mexico was 67.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Mexico?
- The highest recorded value was 82.1% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Mexico?
- The lowest recorded value was 41.2% in 2002.
- How does Mexico rank for merchandise trade as a proportion of gdp?
- Mexico ranks 73rd out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Mexico?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is rising.
- Where does this Mexico data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).