ProceduresGovernment

Buckwheat, Millet and Canary Seed; other Cereals

Código 1008 (Harmonized System 2012 by 4 digits)

 2023: US$44.4M, Total Trade Exchange

2023: US$111k, International Sales

  2023: US$44.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Buckwheat, Millet and Canary Seed; other Cereals was US$44.4M.

In 2022, the main commercial destinations of Buckwheat, Millet and Canary Seed; other Cereals were United States (US$18.7k), Cuba (US$13.8k), Hong Kong (US$8.72k), and El Salvador (US$0).

The main commercial origins of Buckwheat, Millet and Canary Seed; other Cereals in 2023 were Canada (US$34.5M), United States (US$2.52M), Bolivia (US$1.35M), Peru (US$914k), and France (US$2).

In the global context, the main exporting countries of Buckwheat, Millet and Canary Seed; other Cereals in 2022 were Poland (US$191M), Canada (US$119M), and Peru (US$97.4M). In the same year, the main importing countries of Buckwheat, Millet and Canary Seed; other Cereals were Germany (US$188M), United States (US$99M), and Spain (US$95.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$44.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Buckwheat, Millet and Canary Seed; other Cereals in Mexico (including international purchases and sales) was US$44.4M.

The visualizations show the net balance of Buckwheat, Millet and Canary Seed; other Cereals 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

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July, 2024: US$2.32M, International Purchases

In July 2024, international sales of Buckwheat, Millet and Canary Seed; other Cereals were US$0, while international purchases reached US$2.32M. The above results in a trade balance of -US$2.32M.

Exchange by Territory

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International Sales

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United States: US$18.7k, Main commercial destination (2022)

In 2022, the countries with the most international purchases from Mexico were United States (US$18.7k), Cuba (US$13.8k), Hong Kong (US$8.72k), and El Salvador (US$0).

International Purchases

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Canada: US$34.5M, Main Commercial Origin (2023)

The countries with the most international sales to Mexico in 2023 were Canada (US$34.5M), United States (US$2.52M), Bolivia (US$1.35M), Peru (US$914k), and France (US$2).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Buckwheat, Millet and Canary Seed; other Cereals  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Buckwheat, Millet and Canary Seed; other Cereals. 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.

Origins and Trade Destinations

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  • 0.015%, Mexican share in global exports - 2022
  • 0.78%, Mexican share in global imports - 2022

The visualizations show the global market for Buckwheat, Millet and Canary Seed; other Cereals. 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 Buckwheat, Millet and Canary Seed; other Cereals were Poland (US$191M), Canada (US$119M), and Peru (US$97.4M). In the same year, the main importing countries for Buckwheat, Millet and Canary Seed; other Cereals were Germany (US$188M), United States (US$99M), and Spain (US$95.7M).