Mexico: Merchandise exports to high-income economies (% of total merchandise exports)
In , Mexico's Merchandise exports to high-income economies (% of total merchandise exports) was 93.89.
That's up 0.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Mexico ranks #9 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #3 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 95.74
- Trough
- 90.36
- 1-year change
- +0.8%
- 5-year change
- +1.6%
- +0.3% / yr
- 10-year change
- +3.9%
- +0.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 93.8917 | |
| 93.1284 | |
| 92.8875 | |
| 93.3489 | |
| 93.0108 | |
| 92.3739 | |
| 92.2688 | |
| 92.6266 | |
| 92.7573 | |
| 91.7349 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Mexico's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Mexico's Merchandise exports to high-income economies (% of total merchandise exports) was 93.89, according to World Bank Open Data.
- Is Mexico's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Mexico's Merchandise exports to high-income economies (% of total merchandise exports) rose 0.8% from 2022 to 2023.
- How does Mexico rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Mexico ranked #9 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Mexico's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Mexico is above the world average. Within Latin America & Caribbean, it ranks #3 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.