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Mexico Imports (% GDP)

Mexico's imports (% GDP) rose to 37.93% in 2024, up from 37.6% in 2023, according to World Bank. This represents an increase of 0.33% from the previous year. Mexico has imports (% GDP) lower than the global median (37.93% vs median 45.74%). Compared with the median in Americas, Mexico is lower (37.93% vs regional median 38.78%) and ranks 17th out of 32 countries in Americas.

Mexico's exports (% GDP) rose to 36.79% in 2024, up from 36.17% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Imports (% GDP)
2024 37.93%
2023 37.6%
2022 45.88%
2021 42.5%
2020 37.62%
2019 38.93%
2018 41.17%
2017 39.44%
2016 38.87%
2015 36.25%
2014 32.64%
2013 31.94%
2012 32.72%
2011 31.72%
2010 30.26%
2009 28.08%
2008 29.35%
2007 28.48%
2006 27.93%
2005 27.08%
2004 26.94%
2003 25.04%
2002 23.36%
2001 23.2%
2000 25.68%
1999 24.6%
1998 24.81%
1997 23.24%
1996 23.04%
1995 20.8%
1994 16.4%
1993 14.57%
1992 20.3%
1991 19.35%
1990 19.82%
1989 19.2%
1988 18.69%
1987 12.73%
1986 12.92%
1985 9.76%
1984 9.11%
1983 8.98%
1982 9.71%
1981 12.26%
1980 12.29%
1979 12.45%
1978 11.04%
1977 10.22%
1976 9.87%
1975 9.62%
1974 10.57%
1973 9.46%
1972 8.83%
1971 8.72%
1970 9.66%
1969 9.27%
1968 9.35%
1967 9.01%
1966 9.01%
1965 9.52%
1964 9.85%
1963 9.95%
1962 10.11%
1961 10.62%
1960 11.66%
Mexico Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Mexico compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $618.98B $593.71B 2024
Annual Imports $625.87B $597.77B 2024
Balance of Trade -$1.9B -$17M Aug'25
Exports $55.7B $56.7B Aug'25
Exports (% GDP) 36.79% 36.17% 2024
FDI Inflows (% GDP) 2.37% 1.71% 2024
Imports $57.7B $56.7B Aug'25
Net Trade (Goods & Services, BoP) -$16.27B -$24.97B 2024
Tariff Rate 2.69% 3.28% 2022
Trade (% GDP) 74.71% 73.77% 2024