Mexico: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Mexico's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 28.05.
That's down 1.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Mexico ranks #72 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #11 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.OR.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
- 28.60
- Trough
- 11.59
- 1-year change
- -1.6%
- 5-year change
- +10.1%
- +1.9% / yr
- 10-year change
- +31.8%
- +2.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 28.0477 | |
| 28.5160 | |
| 28.5981 | |
| 28.2715 | |
| 26.5956 | |
| 25.4738 | |
| 24.9874 | |
| 25.3056 | |
| 24.3700 | |
| 22.3562 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Mexico's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Mexico's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 28.05, according to World Bank Open Data.
- Is Mexico's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Mexico's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 1.6% from 2022 to 2023.
- How does Mexico rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Mexico ranked #72 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Mexico's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Mexico is above the world average. Within Latin America & Caribbean, it ranks #11 of 36.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 (TM.VAL.MRCH.OR.ZS), CC BY 4.0.