Baked Goods, Wares, not Containing Cocoa
Código 190590 (Harmonized System 2012 by 6 digits)
2023: US$1.6B, Total Trade Exchange
2023: US$1.3B, International Sales
2023: US$295M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Baked Goods, Wares, not Containing Cocoa was US$1.6B.
In 2023, the states with the most international sales in Baked Goods, Wares, not Containing Cocoa were Ciudad de México (US$355M), Puebla (US$267M), Estado de México (US$259M), Nuevo León (US$227M), and Guanajuato (US$85.9M).
The states with the most international purchases in 2023 were Estado de México (US$138M), Ciudad de México (US$43.2M), Baja California (US$43.1M), Nuevo León (US$41.2M), and Puebla (US$7.05M).
In 2023, the main commercial destinations of Baked Goods, Wares, not Containing Cocoa were United States (US$1.18B), Canada (US$27.1M), United Arab Emirates (US$22.1M), Guatemala (US$12M), and Chile (US$11.2M).
The main commercial origins of Baked Goods, Wares, not Containing Cocoa in 2023 were United States (US$227M), Canada (US$23.1M), Guatemala (US$15.4M), France (US$6.57M), and Spain (US$6.21M).
In the global context, the main exporting countries of Baked Goods, Wares, not Containing Cocoa in 2022 were Germany (US$3.43B), Canada (US$3.37B), and France (US$2.45B). In the same year, the main importing countries of Baked Goods, Wares, not Containing Cocoa were United States (US$6.25B), United Kingdom (US$2.51B), and Germany (US$2.15B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.6B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Baked Goods, Wares, not Containing Cocoa in Mexico (including international purchases and sales) was US$1.6B.
The visualizations show the net balance of Baked Goods, Wares, not Containing Cocoa at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.
Net International Trade
#permalink to sectionJuly, 2024
- US$31.4M, International Purchases
- US$130M, International Sales
In July 2024, international sales of Baked Goods, Wares, not Containing Cocoa were US$130M, while international purchases reached US$31.4M. The above results in a trade balance of US$99M.
Market Concentration
#permalink to section2024-Q3: US$122M, International Sales
The visualization shows the quarterly concentration of international sales of Baked Goods, Wares, not Containing Cocoa at state level.
In the third quarter of 2024, international sales were US$122M, being the states with the most sales Ciudad de México (US$35.4M), Nuevo León (US$29.7M), and Estado de México (US$24.8M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$355M, State with the Most International Sales (2023)
United States: US$1.18B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Baked Goods, Wares, not Containing Cocoa were Ciudad de México (US$355M), Puebla (US$267M), Estado de México (US$259M), Nuevo León (US$227M), and Guanajuato (US$85.9M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.18B), Canada (US$27.1M), United Arab Emirates (US$22.1M), Guatemala (US$12M), and Chile (US$11.2M).
International Purchases
#permalink to sectionEstado de México: US$138M, State with the Most International Purchases (2023)
United States: US$227M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Baked Goods, Wares, not Containing Cocoa were Estado de México (US$138M), Ciudad de México (US$43.2M), Baja California (US$43.1M), Nuevo León (US$41.2M), and Puebla (US$7.05M).
The countries with the most international sales to Mexico in 2023 were United States (US$227M), Canada (US$23.1M), Guatemala (US$15.4M), France (US$6.57M), and Spain (US$6.21M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Baked Goods, Wares, not Containing Cocoa and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Baked Goods, Wares, not Containing Cocoa. On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 3.87%, Mexican share in global exports - 2022
- 0.72%, Mexican share in global imports - 2022
The visualizations show the global market for Baked Goods, Wares, not Containing Cocoa. In both charts, Mexico stands out in order to identify its participation in the export and import market.
In 2022, the main exporting countries of Baked Goods, Wares, not Containing Cocoa were Germany (US$3.43B), Canada (US$3.37B), and France (US$2.45B). In the same year, the main importing countries for Baked Goods, Wares, not Containing Cocoa were United States (US$6.25B), United Kingdom (US$2.51B), and Germany (US$2.15B).