Iceland vs Mexico: Tariff rate across all products
Iceland
1.6%
in 2022
Mexico
1.6%
in 2022
Iceland rank
136th
Mexico rank
137th
Tariff rate across all products over time
- Iceland
- Mexico
How they compare
Iceland currently reports 1.6% against 1.6% in Mexico, a difference of 0.0%.
The two have swapped places 7 times across 21 shared years of data; in 1996 it was Mexico ahead.
Iceland ranks 136th and Mexico ranks 137th of 184 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Mexico in 3.
Head to head by decade
| Decade | Iceland | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.9% | 11.2% | 7.3% | Mexico |
| 2000s | 3.2% | 6.7% | 3.5% | Mexico |
| 2010s | 1.5% | 4.0% | 2.4% | Mexico |
| 2020s | 1.6% | 1.6% | 0.0% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate across all products, Iceland or Mexico?
- Iceland, at 1.6% against 1.6% in Mexico as of 2022.
- What is the difference in tariff rate across all products between Iceland and Mexico?
- 0.0%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Mexico?
- 21 years are reported by both, from 1996 to 2022.
- How do Iceland and Mexico rank globally for tariff rate across all products?
- Iceland ranks 136th and Mexico ranks 137th of 184 countries.
- Where does this data come from?
- World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data, published as Tariff rate across all products. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country.