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Full trade & compliance profile

Mexico — Trade & Compliance

Mexico's trade profile consolidates its merchandise flow from CEPII BACI, the preferential agreements it has entered from the World Bank, the international cargo conventions it has ratified from the UN Treaty Collection, and its applied tariff, VAT and currency of record from the World Bank, the EU and ISO 4217.

Every figure is shown as its named source records it and dated where the source dates it; trade partners and product codes link to their own pages where logibook profiles them.

24
trade agreements
9
cargo treaties
7.24%
MFN applied tariff

Memberships & standing

Income groupUpper middle income
DatabookThe Record of Consolidated Knowledge
Mexico beyond logistics?
Browse databook

Trade Flow

Top export markets
  1. 1USA76.2%
  2. 2Canada5.0%
  3. 3China2.1%
  4. 4Germany1.5%
  5. 5Rep. of Korea1.1%
CEPII BACI · 2024
Top import sources
  1. 1USA50.3%
  2. 2China19.1%
  3. 3Germany3.3%
  4. 4Rep. of Korea2.6%
  5. 5Japan2.4%
CEPII BACI · 2024
Leading export goods (HS2)
  1. 1Vehicles25.0%
  2. 2Machinery & mechanical appliances19.8%
  3. 3Electrical machinery17.3%
  4. 4Optical/medical instruments5.7%
  5. 5Mineral fuels & oils4.9%
CEPII BACI · 2024
Leading import goods (HS2)
  1. 1Electrical machinery21.8%
  2. 2Machinery & mechanical appliances16.4%
  3. 3Vehicles11.2%
  4. 4Mineral fuels & oils7.0%
  5. 5Plastics5.5%
CEPII BACI · 2024
Fastest-rising export markets
  1. 1USA+1.36pp
CEPII BACI · 2024
Declining export markets
  1. 1China−0.32pp
  2. 2Rep. of Korea−0.31pp
  3. 3Canada−0.23pp
CEPII BACI · 2024
Fastest-rising export goods
  1. 1Machinery & mechanical appliances+2.60pp
  2. 2Vehicles+1.79pp
  3. 3Optical/medical instruments+0.40pp
CEPII BACI · 2024
Declining export goods
  1. 1Mineral fuels & oils−2.79pp
  2. 2Iron & steel−0.57pp
  3. 3Electrical machinery−0.36pp
CEPII BACI · 2024

Showing the leading partners and product groups by trade share; the full bilateral flow matrix is inCEPII BACI · 2024

Preferential Trade Agreements

United Kingdom - Mexico2021
FTA & EIAGoods & Services
United States-Mexico-Canada Agreement (USMCA/CUSMA/T-MEC)2020
FTA & EIAGoods & Services
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)2018
FTA & EIAGoods & Services
Pacific Alliance2016
FTA & EIAGoods & Services
Mexico - Panama2015
FTA & EIAGoods & Services
Mexico - Central America2012
FTA & EIAGoods & Services
Peru - Mexico2012
FTA & EIAGoods & Services
Mexico - Bolivia, Plurinational State of2010
PSAGoods
Japan - Mexico2005
FTA & EIAGoods & Services
Mexico - Uruguay2004
FTA & EIAGoods & Services
Brazil - Mexico2003
PSAGoods
EFTA - Mexico2001
FTA & EIAGoods & Services
Mexico - Cuba2001
PSAGoods
EU - Mexico2000
FTA & EIAGoods & Services
Israel - Mexico2000
FTAGoods
Chile - Mexico1999
FTA & EIAGoods & Services
Latin American Integration Association (LAIA) - Accession of Cuba1999
PSAGoods
Colombia - Mexico1995
FTA & EIAGoods & Services
Global System of Trade Preferences among Developing Countries (GSTP)1989
PSAGoods
Argentina - Mexico1987
PSAGoods
Mexico - Paraguay1984
PSAGoods
Ecuador - Mexico1983
PSAGoods
Latin American Integration Association (LAIA)1981
PSAGoods
Protocol on Trade Negotiations (PTN)1973
PSAGoods
World Bank DTA · 24 trade agreements in force

International Cargo Treaties

  • Convention on the International Maritime Organization. Geneva, 6 March 1948
    Party · 1954176 ratifications
  • Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction. New York, 19 June 2023
    Party · 2025148 ratifications
  • United Nations Convention on Contracts for the International Sale of Goods. Vienna, 11 April 1980
    Party · 198799 ratifications
  • Customs Convention on the Temporary Importation of Private Road Vehicles. New York, 4 June 1954
    Party · 195790 ratifications
  • Convention concerning Customs Facilities for Touring. New York, 4 June 1954
    Party · 195787 ratifications
  • Additional Protocol to the Convention concerning Customs Facilities for Touring, relating to the Importation of Tourist Publicity Documents and Material. New York, 4 June 1954
    Party · 195780 ratifications
  • Convention on the Territorial Sea and the Contiguous Zone. Geneva, 29 April 1958
    Party · 196674 ratifications
  • International Convention to Facilitate the Importation of Commercial Samples and Advertising Material. Geneva, 7 November 1952
    Party · 200065 ratifications
  • Convention on the Limitation Period in the International Sale of Goods. New York, 14 June 1974
    Party · 198836 ratifications
UN Treaty Collection · 9 ratified

Fiscal & Tariffs

Currency
MXN
Mexican Peso
ISO numeric 4842 minor units
ISO 4217
MFN applied tariff
7.24%
simple average (2022)
World Bank WDI

Key commodities

Top agricultural output
Sugar cane
53.1M t
FAOSTAT · 2024
Top mineral output
petroleum, crude
105.5M tonnes (metric)
BGS · 2023
Energy production
Primary energy production
0.1 quadrillion Btu
U.S. EIA

Top item per category of 168 commodities trackedfull lists: FAOSTAT · 2026-05 · British Geological Survey · U.S. EIA

All Sources

TradeCountry Trade Facts (CEPII BACI)
etalab-2.0
TradeWorld Bank Deep Trade Agreements (DTA)
cc-by-4.0
Sanctions & complianceUN Treaty Collection — Multilateral Treaties Deposited (MTDSG)
open
fiscalWorld Bank – World Development Indicators (WDI)
cc-by-4.0
fiscalISO 4217 Currency Codes
open
commoditythe British Geological Surveythe British Geological Survey
OGL
Referencelogibook trade-bloc referencelogibook trade-bloc reference
Compiled (public facts)
commoditythe U.S. Energy Information Administrationthe U.S. Energy Information Administration
Public domain (US gov)
commodityFAOSTATFAOSTAT
CC BY 4.0 IGO
Referenceinternational organisation membership recordsinternational organisation membership records
Public (official lists)
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