Mexico - Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Mexico was 35.00 as of 2018. Its highest value over the past 23 years was 35.00 in 2018, while its lowest value was 33.63 in 2013.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1995 34.78
1996 34.80
1997 34.80
1998 34.80
1999 34.80
2000 34.80
2001 34.80
2002 33.73
2003 33.88
2004 33.79
2005 33.76
2006 33.76
2007 33.75
2008 33.73
2009 33.70
2010 33.70
2011 33.69
2012 33.69
2013 33.63
2014 33.63
2015 35.00
2016 35.00
2017 35.00
2018 35.00

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs