Mexico - Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Mexico was 34.96 as of 2018. Its highest value over the past 23 years was 34.96 in 2018, while its lowest value was 34.89 in 2002.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1995 34.91
1996 34.92
1997 34.92
1998 34.92
1999 34.92
2000 34.92
2001 34.92
2002 34.89
2003 34.90
2004 34.90
2005 34.90
2006 34.90
2007 34.90
2008 34.93
2009 34.93
2010 34.93
2011 34.93
2012 34.93
2013 34.92
2014 34.92
2015 34.96
2016 34.96
2017 34.96
2018 34.96

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs