Mexico - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Mexico was 93.07 as of 2020. Its highest value over the past 60 years was 96.26 in 2000, while its lowest value was 74.32 in 1970.

Definition: 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 staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 77.33
1961 77.58
1962 76.99
1963 79.56
1964 79.81
1965 80.16
1966 77.75
1967 78.27
1968 76.37
1969 77.28
1970 74.32
1971 74.79
1972 84.72
1973 79.33
1974 81.05
1975 75.66
1976 80.84
1977 82.45
1978 84.24
1979 88.63
1980 90.21
1981 88.52
1982 89.50
1983 89.99
1984 89.97
1985 91.65
1986 90.48
1987 90.63
1988 89.80
1989 91.48
1990 90.78
1991 94.32
1992 94.15
1993 94.65
1994 95.08
1995 94.05
1996 93.79
1997 94.41
1998 95.34
1999 96.13
2000 96.26
2001 95.86
2002 95.51
2003 95.54
2004 95.52
2005 94.72
2006 94.12
2007 92.91
2008 91.94
2009 92.22
2010 91.62
2011 90.46
2012 90.06
2013 90.11
2014 91.55
2015 92.59
2016 92.46
2017 92.06
2018 92.12
2019 92.74
2020 93.07

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports