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Mexico Trade Summary

1998

Mexico exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MEXICO 1998

Overall Exports and Imports for Mexico 1998

Exports and imports of Mexico in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 117,325 million.
  • The total value of imports (CIF) was 125,324 million.
  • At the HS6 digit level, 4,568 products were exported to 164 countries and 4,863 products were imported from 178 countries.

Mexico top 5 Export and Import partners 1998

Top five countries to which Mexico exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Mexico exports to United States worth US$ 101,927 million, with a partner share of 86.88 percent.
  2. Mexico exports to Canada worth US$ 1,716 million, with a partner share of 1.46 percent.
  3. Mexico exports to Germany worth US$ 1,112 million, with a partner share of 0.95 percent.
  4. Mexico exports to Brazil worth US$ 738 million, with a partner share of 0.63 percent.
  5. Mexico exports to Chile worth US$ 731 million, with a partner share of 0.62 percent.

Top five countries from which Mexico imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Mexico imports from United States worth US$ 93,307 million, with a partner share of 74.45 percent.
  2. Mexico imports from Germany worth US$ 4,542 million, with a partner share of 3.62 percent.
  3. Mexico imports from Japan worth US$ 4,535 million, with a partner share of 3.62 percent.
  4. Mexico imports from Canada worth US$ 2,256 million, with a partner share of 1.80 percent.
  5. Mexico imports from Korea, Rep. worth US$ 1,822 million, with a partner share of 1.45 percent.

Mexico Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Mexico along with trade value are:

  1. Mexico exported Automobiles with reciprocating piston engine di , worth US$ 7,231,450.62 million.
  2. Mexico exported Petroleum oils and oils obtained from bituminou , worth US$ 6,398,839.81 million.
  3. Mexico exported Television receivers including video monitors a , worth US$ 4,908,514.82 million.
  4. Mexico exported Automobiles with reciprocating piston engine di , worth US$ 3,282,348.29 million.
  5. Mexico exported Ignition wiring sets&oth wiring sets of a kind , worth US$ 2,928,442.62 million.

The top five imported HS 6 digit level products from world by Mexico along with trade value are

  1. Mexico imported Other articles of plastics, nes , worth US$ 2,500,555.52 million.
  2. Mexico imported Cathode-ray television picture tubes,including , worth US$ 2,019,496.19 million.
  3. Mexico imported Motor vehicle parts nes , worth US$ 1,981,196.16 million.
  4. Mexico imported Parts and accessories of bodies nes for motor v , worth US$ 1,816,602.75 million.
  5. Mexico imported Monolithic integrated circuits, nes , worth US$ 1,675,603.46 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Mexico in 1998 are below

  • The maximum rate of tariff in percentage on any product was 260 percent.
  • The simple average tariff across all products was 14.72 percent.
  • The trade weighted average tariff was 13.05 .
  • The total duty free imports in thousands of US dollars were 14,448,793.28 and duty free tariff line items share was 14.71 percent.

Development Indicators 1998

Key Development Indicators of Mexico in 1998 are below

  • Mexico GDP in current US dollar was 526,500 million.
  • GNI per capita, Atlas method (current US$) was 5,070.00 .
  • Mexico Trade balance: as % of GDP was -1.81.
  • Trade balance in current US$ was -9,515.00 million.
  • Trade as percentage of GDP was 51.00 .
  • Trade in services as percentage of GDP was 4.62 .

Trade Indicators 1998

Trade Indicators for Mexico in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.69.
  • Index of export market penetration was 8.22.
  • World Growth in percentage was -0.47 and Mexico Country Growth was 3.96 .