Also known as: Compound tariff, Combined tariff
A foreign trade tax combining an ad valorem component (percentage of value) with a specific component (fixed amount per unit), generally applying whichever results in the higher amount.
A mixed tariff (also called compound tariff) is a type of foreign trade tax combining two components: a percentage on customs value (ad valorem) and a fixed amount per unit of measure (specific). Generally, the higher of the two is applied, though in some cases both are added together. This structure provides a minimum floor of tariff protection that cannot be circumvented through undervaluation.
Example: mixed tariff of '20% ad valorem or $3 USD/kg, whichever is higher.' If customs value is $10 USD/kg: ad valorem = $2, specific = $3. Applied: $3 (higher). If value is $20 USD/kg: ad valorem = $4, specific = $3. Applied: $4.
In Mexico, mixed tariffs are found primarily in the agricultural sector, where international prices can vary significantly. The specific component guarantees a minimum level of revenue and protection, while the ad valorem captures real value when prices are high.
Ad Valorem Tariff
An import duty calculated as a percentage of the customs value of goods. It is the most common type of tariff in international trade.
TariffsSpecific Tariff
A foreign trade tax calculated as a fixed amount per unit of measure of the imported merchandise (per kilogram, liter, piece, etc.), regardless of its value.
TariffsTariff Classification Code
An 8 or 10-digit numerical code that identifies a specific product within Mexico's tariff schedule (TIGIE), determining applicable duties and regulations.
TariffsTIGIE (Mexico Tariff Schedule)
Mexico's official tariff schedule containing all tariff classification codes, descriptions, and duty rates for imported and exported goods.