Mexico | Exports of goods and services (% of GDP)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
United Mexican States
Records
63
Source
Mexico | Exports of goods and services (% of GDP)
8.50552147 1960
8.41248588 1961
8.56910526 1962
8.32014151 1963
7.63306773 1964
7.63424908 1965
7.47101974 1966
6.86774096 1967
7.03792916 1968
7.54647783 1969
7.75461712 1970
7.64040816 1971
8.06017699 1972
8.41201158 1973
8.40866667 1974
6.89445455 1975
8.48983224 1976
10.3190914 1977
10.47097133 1978
11.18916232 1979
10.1426201 1980
9.86156843 1981
14.42686588 1982
18.11503475 1983
16.5671429 1984
14.56631489 1985
16.68217993 1986
18.536567 1987
20.09605615 1988
19.1321993 1989
18.70447105 1990
16.43339003 1991
15.25674444 1992
11.59598468 1993
12.75459571 1994
22.86592692 1995
24.72313195 1996
23.25557215 1997
23.2217494 1998
23.41685925 1999
24.23117347 2000
21.5412102 2001
21.85176192 2002
23.6555935 2003
25.10335601 2004
25.48707383 2005
26.55474818 2006
26.78106133 2007
27.02006123 2008
26.51326972 2009
29.01746011 2010
30.44296623 2011
31.53945039 2012
30.75580058 2013
31.4629922 2014
34.16277269 2015
36.81567725 2016
37.51408862 2017
39.04393044 2018
38.49699365 2019
39.24662916 2020
40.67865942 2021
42.64380254 2022
Mexico | Exports of goods and services (% of GDP)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
United Mexican States
Records
63
Source