Bovine Offal, Food, Frozen (Exc. Tongues and Livers)
Código 020629 (Harmonized System 2012 by 6 digits)
2023: US$281M, Total Trade Exchange
2023: US$51M, International Sales
2023: US$229M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) was US$281M.
In 2023, the states with the most international sales in Bovine Offal, Food, Frozen (Exc. Tongues and Livers) were Sinaloa (US$37.9M), Nuevo León (US$3.02M), and Baja California (US$1.8M).
The states with the most international purchases in 2023 were Nuevo León (US$74.1M), Chihuahua (US$29.3M), Ciudad de México (US$26.6M), Coahuila de Zaragoza (US$11.6M), and Tamaulipas (US$8.96M).
In 2023, the main commercial destinations of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) were United States (US$37.4M), Japan (US$3.6M), Hong Kong (US$674k), South Korea (US$322k), and Cote d'Ivoire (US$288k).
The main commercial origins of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) in 2023 were United States (US$141M), Canada (US$15.6M), Australia (US$7.16M), Nicaragua (US$382k), and Chile (US$257k).
In the global context, the main exporting countries of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) in 2022 were United States (US$402M), Australia (US$383M), and Brazil (US$244M). In the same year, the main importing countries of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) were Hong Kong (US$376M), China (US$297M), and United States (US$285M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$281M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) in Mexico (including international purchases and sales) was US$281M.
The visualizations show the net balance of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) 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$23.6M, International Purchases
- US$4.77M, International Sales
In July 2024, international sales of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) were US$4.77M, while international purchases reached US$23.6M. The above results in a trade balance of -US$18.8M.
Market Concentration
#permalink to section2024-Q3: US$3.73M, International Sales
The visualization shows the quarterly concentration of international sales of Bovine Offal, Food, Frozen (Exc. Tongues and Livers) at state level.
In the third quarter of 2024, international sales were US$3.73M, being the states with the most sales Sinaloa (US$3.73M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSinaloa: US$37.9M, State with the Most International Sales (2023)
United States: US$37.4M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Bovine Offal, Food, Frozen (Exc. Tongues and Livers) were Sinaloa (US$37.9M), Nuevo León (US$3.02M), and Baja California (US$1.8M).
In 2023, the countries with the most international purchases from Mexico were United States (US$37.4M), Japan (US$3.6M), Hong Kong (US$674k), South Korea (US$322k), and Cote d'Ivoire (US$288k).
International Purchases
#permalink to sectionNuevo León: US$74.1M, State with the Most International Purchases (2023)
United States: US$141M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Bovine Offal, Food, Frozen (Exc. Tongues and Livers) were Nuevo León (US$74.1M), Chihuahua (US$29.3M), Ciudad de México (US$26.6M), Coahuila de Zaragoza (US$11.6M), and Tamaulipas (US$8.96M).
The countries with the most international sales to Mexico in 2023 were United States (US$141M), Canada (US$15.6M), Australia (US$7.16M), Nicaragua (US$382k), and Chile (US$257k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bovine Offal, Food, Frozen (Exc. Tongues and Livers) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bovine Offal, Food, Frozen (Exc. Tongues and Livers). 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- 2.32%, Mexican share in global exports - 2022
- 6.92%, Mexican share in global imports - 2022
The visualizations show the global market for Bovine Offal, Food, Frozen (Exc. Tongues and Livers). 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 Bovine Offal, Food, Frozen (Exc. Tongues and Livers) were United States (US$402M), Australia (US$383M), and Brazil (US$244M). In the same year, the main importing countries for Bovine Offal, Food, Frozen (Exc. Tongues and Livers) were Hong Kong (US$376M), China (US$297M), and United States (US$285M).