Merchandise trade as a share of GDP rose 7.53% to 79.9% in Mexico in 2021, according to the National Statistical Office.
Historically, merchandise trade as a share of GDP in Mexico reached an all time high of 79.9% in 2021 and an all time low of 9.76% in 1972. When compared to Mexico's main peers, merchandise trade as a share of GDP in Belize amounted to 59.6%, 46.9% in Guatemala, 88.7% in Honduras and 20.1% in USA in 2021.
Mexico has been ranked 46th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP, 44 places above the position seen 10 years ago.
| Merchandise Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Belize | % | 69.2% | 61.8% | 60.1% | 60.9% | 58.4% | ||||||||||||||||
| Canada | % | 54.0% | 52.5% | 52.4% | 53.4% | 52.3% | ||||||||||||||||
| China | % | 35.7% | 32.8% | 33.4% | 33.3% | 32.1% | ||||||||||||||||
| El Salvador | % | 67.4% | 63.0% | 65.4% | 66.8% | 65.1% | ||||||||||||||||
| Guatemala | % | 45.5% | 41.6% | 41.0% | 41.6% | 40.2% | ||||||||||||||||
| Honduras | % | 92.5% | 85.3% | 86.7% | 87.7% | 83.4% | ||||||||||||||||
| Japan | % | 28.6% | 25.0% | 27.8% | 29.5% | 27.8% | ||||||||||||||||
| Mexico | % | 67.1% | 71.5% | 72.6% | 75.9% | 73.1% | ||||||||||||||||
| Nicaragua | % | 93.3% | 79.9% | 93.4% | 94.9% | 97.3% | ||||||||||||||||
| USA | % | 21.0% | 19.8% | 20.3% | 20.8% | 19.7% |
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