Tariff rate, applied, weighted mean, all products in Mexico

Mexico: Tariff rate, applied, weighted mean, all products was 1.6% in 2022. ◆ Volatile

Latest (2022)
1.6%
World rank
137th
of 184 countries
All-time high
15.4%
in 2003
All-time low
1.0%
in 2014
Years of data
26
1991–2022

Tariff rate, applied, weighted mean, all products in Mexico, 1991–2022

0510151991200620221991: 11.9 %1995: 7.2 %1996: 14 %1997: 13.1 %1998: 13.1 %1999: 6.6 %2000: 15.2 %2001: 15.2 %2002: 5 %2003: 15.4 %2004: 3 %2005: 3 %2006: 2.4 %2007: 2.4 %2008: 1.9 %2009: 1.6 %2010: 5.4 %2011: 5.4 %2012: 5.2 %2013: 4.9 %2014: 1 %2015: 4.5 %2016: 4.3 %2017: 1.2 %2018: 1.2 %2022: 1.6 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, weighted mean, all products in Mexico stood at 1.6%.

Compared with earlier readings it is down 68.7% over ten years.

Over the whole period, tariff rate, applied, weighted mean, all products in Mexico peaked at 15.4% in 2003 and was at its lowest, 1.0%, in 2014.

Mexico ranks 137th of 184 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.0% 6.6% 14.0% 6
2000s 6.5% 1.6% 15.4% 10
2010s 3.7% 1.0% 5.4% 9
2020s 1.6% 1.6% 1.6% 1

Countries ranked near Mexico

  1. 134 New Zealand 1.7% compare
  2. 135 Japan 1.6% compare
  3. 136 Iceland 1.6% compare
  4. 138 United States 1.5% compare
  5. 139 Laos 1.4% compare
  6. 140 Canada 1.4% compare

See the full ranking of 185 places →

More private sector data for Mexico

All data for Mexico →

Frequently asked questions

What is tariff rate, applied, weighted mean, all products in Mexico?
Tariff rate, applied, weighted mean, all products in Mexico was 1.6% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, all products recorded in Mexico?
The highest recorded value was 15.4% in 2003.
What is the lowest tariff rate, applied, weighted mean, all products recorded in Mexico?
The lowest recorded value was 1.0% in 2014.
How does Mexico rank for tariff rate, applied, weighted mean, all products?
Mexico ranks 137th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, all products rising or falling in Mexico?
Over the last ten years it is down 68.7%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, all products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Tariff rate, applied, weighted mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.