Mexico: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
In , Mexico's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 3.35.
That's down 10.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 21.22 . Mexico ranks #163 globally out of 202 reporting countries. Within Latin America & Caribbean, it ranks #32 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.WR.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
- 6.01
- Trough
- 2.79
- 1-year change
- -10.2%
- 5-year change
- -18.9%
- -4.1% / yr
- 10-year change
- -41.2%
- -5.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) |
|---|---|
| 3.3468 | |
| 3.7288 | |
| 3.7678 | |
| 3.4725 | |
| 3.8418 | |
| 4.1245 | |
| 4.2286 | |
| 4.2868 | |
| 4.6655 | |
| 5.0914 |
About Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TX.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Mexico's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
- In 2023, Mexico's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 3.35, according to World Bank Open Data.
- Is Mexico's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
- Mexico's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) fell 10.2% from 2022 to 2023.
- How does Mexico rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
- In 2023, Mexico ranked #163 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
- How does Mexico's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Mexico is below the world average. Within Latin America & Caribbean, it ranks #32 of 36.
- What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.