Mexico Publishes Methodology for the Creation of NICO Codes

Posted by Arturo González on 7/13/22 5:00 PM

On June 27, 2022, in the Diario Oficial, Mexico’s Ministry of Economy published an agreement for creating and modifying commercial identification numbers, known as NICOs, that identify the complete classification at the 10-digit level based on the Mexican Harmonized Tariff Schedule. The agreement will enter into force in conjunction with the Law on General Import and Export Taxes, announced on June 7, 2022. This must be done within 180 days after the publication in the Diario Oficial. The creation of the NICO methodology provides context for how the two additional digits are created. Once it is applied and the HTS and NICO publications are aligned,  importers must ensure that their classifications are valid.

For more information, please visit:

For more information on the Law on General Import and Export Taxes, please see the below Newsflash: 

Topics: Tariffs, Mexico

Expeditors' Newsflash articles are compiled from a number of public sources that, to the best of Expeditors' knowledge, are true and correct. It is our intent to present only accurate information. However, in the event any information contained herein is erroneous, Expeditors International of  Washington, Inc. accepts no liability or responsibility.                                                                                           

Copyright © Expeditors International of Washington, Inc.  Expeditors' Newsflash articles may not be reproduced in any form without advanced written consent of an authorized officer of the copyright holder.     

Recommended for you