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Mexico Trade (% GDP)

Mexico's trade (% GDP) rose to 74.71% in 2024, up from 73.77% in 2023, according to World Bank. This represents an increase of 0.94% from the previous year. Mexico has trade (% GDP) lower than the global median (74.71% vs median 84.49%). Compared with the median in Americas, Mexico is lower (74.71% vs regional median 78.04%) and ranks 18th out of 32 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 74.71%
2023 73.77%
2022 88.83%
2021 83.07%
2020 76.85%
2019 77.46%
2018 80.21%
2017 76.95%
2016 75.69%
2015 70.41%
2014 64.1%
2013 62.69%
2012 64.26%
2011 62.16%
2010 59.27%
2009 54.59%
2008 56.37%
2007 55.26%
2006 54.48%
2005 52.56%
2004 52.04%
2003 48.7%
2002 45.21%
2001 44.74%
2000 49.91%
1999 48.01%
1998 48.03%
1997 46.49%
1996 47.77%
1995 43.67%
1994 29.16%
1993 26.16%
1992 35.55%
1991 35.79%
1990 38.52%
1989 38.33%
1988 38.79%
1987 31.26%
1986 29.61%
1985 24.33%
1984 25.67%
1983 27.1%
1982 24.13%
1981 22.12%
1980 22.43%
1979 23.64%
1978 21.51%
1977 20.54%
1976 18.36%
1975 16.51%
1974 18.98%
1973 17.88%
1972 16.89%
1971 16.36%
1970 17.41%
1969 16.82%
1968 16.39%
1967 15.88%
1966 16.48%
1965 17.16%
1964 17.49%
1963 18.27%
1962 18.68%
1961 19.03%
1960 20.17%
Mexico Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Mexico divided by its total economic output, shown as a percentage.
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
Imports (% GDP) 37.93% 37.6% 2024
Net Trade (Goods & Services, BoP) -$16.27B -$24.97B 2024
Tariff Rate 2.69% 3.28% 2022