Share of Merchandise Imports at Current Purchasing Power Parities for Mexico
CSHMCPMXA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.29
Year-over-Year Change
5.64%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Merchandise Imports at Current Purchasing Power Parities for Mexico measures the portion of a country's total imports that are accounted for by merchandise. This metric is important for economists and policymakers to understand a nation's trade dynamics and economic relationships.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the share of total imports for Mexico that are comprised of merchandise goods, as opposed to services or other types of imports. It is a valuable indicator of the composition and structure of a country's international trade flows.
Methodology
The data is calculated by the OECD based on national accounts and trade statistics.
Historical Context
Policymakers and analysts use this metric to assess Mexico's trade balance, competitiveness, and integration into the global economy.
Key Facts
- Mexico's merchandise imports were 46% of total imports in 2021.
- The share of merchandise imports has declined from a high of 56% in 2000.
- China is Mexico's largest source of merchandise imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share or proportion of Mexico's total imports that are comprised of merchandise goods, as opposed to services or other types of imports.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Mexico's trade dynamics, competitiveness, and economic relationships with its trading partners.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Mexico's trade balance, competitiveness, and integration into the global economy.
Q: Are there update delays or limitations?
A: The data may have a delay of several months before being published by the OECD.
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Citation
U.S. Federal Reserve, Share of Merchandise Imports at Current Purchasing Power Parities for Mexico (CSHMCPMXA156NRUG), retrieved from FRED.