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Mexico: Merchandise imports by the reporting economy (current US$)

In , Mexico's Merchandise imports by the reporting economy (current US$) was $633.53 billion.

That's down 1.0% from 2022, the highest value since .

The global average for this indicator in 2023 was $114.38 billion . Mexico ranks #12 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #1 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Mexico Merchandise imports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$640.21B
Trough
$207.87B
1-year change
-1.0%
5-year change
+28.9%
+5.2% / yr
10-year change
+57.0%
+4.6% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy (current US$)
633.526B
640.211B
535.413B
405.393B
481.829B
491.480B
444.955B
409.782B
418.361B
423.263B

About Merchandise imports by the reporting economy (current US$)

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.

Indicator code: TM.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Mexico's Merchandise imports by the reporting economy (current US$) in 2023?
In 2023, Mexico's Merchandise imports by the reporting economy (current US$) was $633.53 billion, according to World Bank Open Data.
Is Mexico's Merchandise imports by the reporting economy (current US$) rising or falling?
Mexico's Merchandise imports by the reporting economy (current US$) fell 1.0% from 2022 to 2023.
How does Mexico rank globally on Merchandise imports by the reporting economy (current US$)?
In 2023, Mexico ranked #12 out of 205 countries reporting Merchandise imports by the reporting economy (current US$).
How does Mexico's Merchandise imports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise imports by the reporting economy (current US$) in 2023 was $114.38 billion, so Mexico is above the world average. Within Latin America & Caribbean, it ranks #1 of 36.
What is Merchandise imports by the reporting economy (current US$) and how is it measured?
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.WL.CD), CC BY 4.0.