Wheat — Terms of trade in Mexico
Mexico: Wheat — Terms of trade was 139.02 % in 2024. ▲ Rising
Wheat — Terms of trade in Mexico, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, wheat — terms of trade in Mexico stood at 139.02 %. That is the highest value across all 15 years on record.
The figure is up 64.1% on the previous year and up 58.9% over ten years.
Over the whole period, wheat — terms of trade in Mexico peaked at 139.02 % in 2024 and was at its lowest, 67.5 %, in 2010.
Mexico ranks 11th of 80 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 90.74 % | 67.5 % | 112.12 % | 10 |
| 2020s | 98.06 % | 84.74 % | 139.02 % | 5 |
Countries ranked near Mexico
- 8 Zimbabwe 181 % compare
- 9 China, mainland 164.53 % compare
- 10 Lesotho 163.91 % compare
- 12 Bulgaria 126.23 % compare
- 13 Slovak Republic 122.47 % compare
- 14 United Kingdom of Great Britain and Northern Ireland 118.75 % compare
More agriculture & rural data for Mexico
- Agriculture share gdp 3.88 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 3.88 (2025)
- Agricultural raw materials exports 0.1% (2025)
- Agricultural raw materials imports 0.7% (2025)
- Rural population 20.0% (2025)
- Rural population growth -0.6% (2025)
- Rural population 26.34 million (2025)
- Agriculture, forestry, and fishing, value added 3.9% (2025)
- Agriculture, forestry, and fishing, value added 71.18 billion current US$ (2025)
- Bananas — Production 2.67 million t (2024)
Frequently asked questions
- What is wheat — terms of trade in Mexico?
- Wheat — terms of trade in Mexico was 139.02 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — terms of trade recorded in Mexico?
- The highest recorded value was 139.02 % in 2024.
- What is the lowest wheat — terms of trade recorded in Mexico?
- The lowest recorded value was 67.5 % in 2010.
- How does Mexico rank for wheat — terms of trade?
- Mexico ranks 11th out of 80 countries with data for 2024.
- Is wheat — terms of trade rising or falling in Mexico?
- Over the last ten years it is up 58.9%. The long-run trend across the full record is rising.
- Where does this Mexico data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK