Mexico - Trade Openness 1988
38.79%
+7.53% from 1987
Mexico's trade openness was 38.79% in 1988, increased +7.53% from 31.26% in 1987. This was the 32nd highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 11.49% | -31.0% |
| 2nd | India | 13.49% | 7.2% |
| 3rd | Argentina | 15.74% | 1.9% |
| 4th | Japan | 16.89% | 0.6% |
| 5th | Bangladesh | 17.68% | 5.9% |
| 6th | Brazil | 17.77% | 9.3% |
| 7th | Viet Nam | 18.95% | -8.9% |
| 8th | United States | 19.07% | 6.1% |
| 9th | Iran, Islamic Republic of | 21.58% | 20.7% |
| 10th | Rwanda | 24.22% | -8.9% |
| 11th | Uganda | 25.35% | -3.6% |
| 12th | Somalia, Fed. Rep. | 26.67% | -29.0% |
| 13th | China | 30.01% | 21.0% |
| 14th | Colombia | 30.14% | 0.9% |
| 15th | Madagascar | 30.50% | 1.2% |
| 16th | Cameroon | 31.99% | -14.3% |
| 17th | Australia | 32.52% | 0.2% |
| 18th | Peru | 33.22% | 21.5% |
| 19th | Pakistan | 33.28% | 1.2% |
| 20th | Nepal | 33.83% | 3.4% |
| 21st | Italy | 35.03% | -1.3% |
| 22nd | Comoros | 35.76% | 0.0% |
| 23rd | Türkiye | 36.21% | 8.6% |
| 24th | Spain | 36.76% | 1.1% |
| 25th | Albania | 36.90% | 14.7% |
| 26th | Mali | 37.45% | -8.8% |
| 27th | Guatemala | 38.04% | -0.3% |
| 28th | El Salvador | 38.10% | -15.5% |
| 29th | Algeria | 38.11% | 16.6% |
| 30th | Burkina Faso | 38.13% | -3.3% |
| 31st | Greece | 38.60% | -6.5% |
| 32nd | Mexico | 38.79% | 24.1% |
| 33rd | Philippines | 39.32% | 5.3% |
| 34th | Guinea | 39.74% | -7.0% |
| 35th | Uruguay | 39.79% | -2.6% |
| 36th | Senegal | 40.63% | 3.1% |
| 37th | Niger | 41.89% | -8.9% |
| 38th | Bolivia, Plurinational State of | 41.91% | -3.9% |
| 39th | Ghana | 42.25% | -7.9% |
| 40th | Germany | 42.36% | 2.0% |
| 41st | Iraq | 42.50% | -13.9% |
| 42nd | Ecuador | 42.66% | 13.1% |
| 43rd | Syrian Arab Republic | 42.77% | -4.1% |
| 44th | Central African Republic | 42.80% | -7.8% |
| 45th | Sierra Leone | 43.12% | -21.8% |
| 46th | France | 43.22% | 2.9% |
| 47th | Zimbabwe | 44.10% | -2.6% |
| 48th | Chad | 45.12% | -13.0% |
| 49th | Lao PDR | 45.53% | 126.3% |
| 50th | South Africa | 45.85% | 2.0% |
| 51st | Benin | 45.89% | -0.7% |
| 52nd | Indonesia | 47.25% | 0.6% |
| 53rd | United Kingdom | 47.36% | -5.1% |
| 54th | Finland | 48.17% | -2.7% |
| 55th | New Zealand | 48.40% | -3.2% |
| 56th | Haiti | 48.78% | - |
| 57th | Kenya | 49.97% | 4.8% |
| 58th | Morocco | 50.14% | 1.0% |
| 59th | Canada | 51.37% | 1.0% |
| 60th | European Union | 51.58% | 2.4% |
| 61st | Egypt, Arab Republic of | 52.60% | 48.8% |
| 62nd | Korea | 56.93% | -6.8% |
| 63rd | Chile | 58.16% | 9.0% |
| 64th | Côte d'Ivoire | 58.38% | -7.4% |
| 65th | Sweden | 58.44% | -0.6% |
| 66th | Israel | 60.25% | -12.7% |
| 67th | Iceland | 61.42% | -7.5% |
| 68th | Sri Lanka | 62.91% | 3.3% |
| 69th | Portugal | 63.20% | 6.1% |
| 70th | Guinea-Bissau | 63.61% | 26.4% |
| 71st | Seychelles | 63.73% | 23.9% |
| 72nd | Denmark | 63.76% | 3.7% |
| 73rd | Norway | 64.27% | -0.9% |
| 74th | Saudi Arabia | 66.53% | -2.2% |
| 75th | Austria | 66.82% | 5.9% |
| 76th | Thailand | 67.41% | 17.8% |
| 77th | Honduras | 68.83% | 13.7% |
| 78th | Costa Rica | 69.84% | 3.6% |
| 79th | Dominican Republic | 71.35% | 22.9% |
| 80th | Oman | 71.36% | -8.4% |
| 81st | Cuba | 75.14% | -2.2% |
| 82nd | Cabo Verde | 76.20% | -9.1% |
| 83rd | Nicaragua | 76.25% | 198.7% |
| 84th | Gabon | 78.52% | -10.7% |
| 85th | Bhutan | 80.48% | 25.2% |
| 86th | Congo, Republic of | 81.05% | 0.9% |
| 87th | Belize | 81.49% | 6.0% |
| 88th | Mauritania | 83.38% | -1.8% |
| 89th | Switzerland | 83.50% | 2.9% |
| 90th | Tunisia | 83.68% | 18.4% |
| 91st | Paraguay | 85.08% | 17.4% |
| 92nd | Faroe Islands | 85.86% | -7.8% |
| 93rd | Georgia | 88.60% | 7.7% |
| 94th | Tonga | 89.49% | -6.3% |
| 95th | Vanuatu | 89.71% | -4.4% |
| 96th | Togo | 90.05% | -2.3% |
| 97th | Kuwait | 90.50% | 0.9% |
| 98th | Namibia | 91.01% | -7.0% |
| 99th | Bulgaria | 91.46% | 9.7% |
| 100th | Mongolia | 94.47% | -8.3% |
| 101st | Papua New Guinea | 95.17% | 2.5% |
| 102nd | Panama | 97.67% | -0.9% |
| 103rd | Puerto Rico (US) | 97.82% | 3.1% |
| 104th | Netherlands | 100.06% | 4.5% |
| 105th | Cyprus | 101.58% | 4.1% |
| 106th | Ireland | 105.22% | 4.4% |
| 107th | Jordan | 108.12% | 19.1% |
| 108th | Gambia, The | 108.82% | 0.1% |
| 109th | Botswana | 114.45% | -7.4% |
| 110th | Belgium | 116.42% | 5.9% |
| 111th | Kiribati | 122.04% | -23.4% |
| 112th | Malaysia | 122.62% | 9.6% |
| 113th | Guyana | 131.56% | -22.8% |
| 114th | Mauritius | 132.62% | 5.8% |
| 115th | Malta | 150.32% | 1.5% |
| 116th | Bahrain | 152.00% | -8.9% |
| 117th | Luxembourg | 188.92% | 0.8% |
| 118th | Solomon Islands | 192.63% | 21.9% |
| 119th | Macao SAR, China | 195.73% | -3.1% |
| 120th | Hong Kong SAR, China | 231.34% | 7.5% |
| 121st | Singapore | 359.87% | 10.7% |
FAQ
What was Mexico's trade openness in 1988?▾
Mexico's trade openness in 1988 was 38.79%. This ranked 32nd globally.
How did Mexico's trade openness change in 1988?▾
Mexico's trade openness increased by 24.1% in 1988 compared to 1987.
Which country had the highest trade openness in 1988?▾
Singapore had the highest trade openness in 1988 at 359.87%.
What is the trade openness of Mexico in 1988?▾
The trade openness of Mexico in 1988 was 38.79%. This ranked 32nd globally.
How does 1988 compare to 1987 for Mexico's trade openness?▾
Mexico's trade openness went from 31.26% in 1987 to 38.79% in 1988, a 24.1% increase.
HistorySaid - pattern alert
Mexico matched the Currency Crisis Pattern pattern in 1988. Historically: 128 occurrences, 35 successful (27%). Outcome 24 months later: 26.7%. View full analysis →
Related
1987
1989
All years
Full ranking 1988
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2022
Lowest: 1967
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Malaysia
vs China
vs Nauru
vs Argentina
G20 Trade Openness
OECD Trade Openness
Global Ranking