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WTO Tariff & Trade Data

Mexico

All products

Applied tariffs

Simple average MFN applied 2024
* 7.4 %
Trade-weighted MFN average 2024
* 5.5 %
Share of MFN duty-free 2024
48.5 %
Best preference trade-weighted average 2024
* 2.6 %

Source of data: WTO IDB, Trade Data Monitor, WTO RTA, World Tariff Profiles

* Ad valorem equivalents (AVEs) used

Bound tariffs

Simple average bound
* 36.2 %
Binding coverage
100.0 %
Share of bound duty-free
0.3 %

Source of data: CTS

* Ad valorem equivalents (AVEs) used

Imports

Total imports: 576,844.5 million USD in 2024

Imports by partner

United States of America
40.3 % 232,333.0 million USD
China
20.7 % 119,373.8 million USD
European Union
10.7 % 61,866.3 million USD
Korea, Republic of
3.6 % 20,888.8 million USD
Japan
3.1 % 17,844.3 million USD
Chinese Taipei
2.8 % 16,096.2 million USD
Viet Nam
2.4 % 13,674.1 million USD
Malaysia
2.1 % 12,305.9 million USD
Canada
2.1 % 11,845.1 million USD
Brazil
1.9 % 10,675.0 million USD
Rest of the World
10.4 % 59,942.0 million USD

Source of data: Trade Data Monitor

Imports by products HS 2022

999999 Unspecified products
5.7 % 32,718.3 million USD
854231 Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
2.9 % 16,997.8 million USD
847330 Parts and accessories of automatic data-processing machines or for other machines of heading 8471, n.e.s.
2.5 % 14,476.1 million USD
271012 Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
1.6 % 9,129.9 million USD
271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
1.5 % 8,919.9 million USD
851762 Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
1.3 % 7,570.0 million USD
870840 Gear boxes and parts thereof, for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles, n.e.s.
1.2 % 6,956.6 million USD
851713 Smartphones for wireless networks
1.1 % 6,363.2 million USD
870829 Parts and accessories of bodies for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles (excl. bumpers and parts thereof, safety seat belts and front windscreens "windshields", rear windows and other windows)
1.1 % 6,319.2 million USD
840820 Compression-ignition internal combustion piston engine "diesel or semi-diesel engine", for the propulsion of vehicles of chapter 87
1.0 % 5,960.5 million USD
Rest of the products
80.0 % 461,432.9 million USD

Source of data: Trade Data Monitor

Exports

Total exports: 565,317.1 million USD in 2024

Exports by destination

United States of America
81.1 % 458,357.2 million USD
Other Countries, n.e.s.
4.6 % 26,270.0 million USD
Canada
3.0 % 17,238.7 million USD
European Union
2.7 % 15,316.3 million USD
China
1.5 % 8,267.4 million USD
Brazil
0.8 % 4,295.2 million USD
Japan
0.7 % 3,897.4 million USD
Korea, Republic of
0.6 % 3,496.4 million USD
United Kingdom
0.5 % 2,892.5 million USD
Guatemala
0.5 % 2,660.2 million USD
Rest of the World
4.0 % 22,626.0 million USD

Source of data: Trade Data Monitor

Exports by products HS 2022

870323 Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
5.2 % 29,155.5 million USD
870431 Motor vehicles for the transport of goods, with only spark-ignition internal combustion piston engine, of a gross vehicle weight <= 5 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
4.1 % 23,236.6 million USD
847150 Processing units for automatic data-processing machines, whether or not containing in the same housing one or two of the following types of unit: storage units, input units, output units (excl. those of heading 8471.41 or 8471.49 and excl. peripheral units)
4.0 % 22,830.5 million USD
270900 Petroleum oils and oils obtained from bituminous minerals, crude
3.5 % 19,980.8 million USD
999999 Unspecified products
2.8 % 15,594.1 million USD
851762 Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
2.0 % 11,559.4 million USD
870322 Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.000 cm³ but <= 1.500 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
2.0 % 11,286.0 million USD
854430 Ignition wiring sets and other wiring sets for vehicles, aircraft or ships
1.8 % 10,135.7 million USD
852872 Reception apparatus for television, colour, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus, designed to incorporate a video display or screen
1.7 % 9,760.0 million USD
870121 Road tractors for semi-trailers, with only compression-ignition internal combustion piston engine "diesel or semi-diesel"
1.7 % 9,329.7 million USD
Rest of the products
71.2 % 402,448.8 million USD

Source of data: Trade Data Monitor

Preferential regimes provided by Mexico

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Mexico as a beneficiary based on other economies reported preferential regimes

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