Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads
Código 0405 (Harmonized System 2012 by 4 digits)
2023: US$334M, Total Trade Exchange
2023: US$47.9M, International Sales
2023: US$287M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads was US$334M.
In 2023, the states with the most international sales in Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads were Ciudad de México (US$366k).
The states with the most international purchases in 2023 were Ciudad de México (US$62M), Guanajuato (US$27.8M), Chihuahua (US$26.5M), Jalisco (US$24.9M), and Estado de México (US$19.5M).
In 2023, the main commercial destinations of Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads were United States (US$355k), United Arab Emirates (US$1.82k), and Cuba (US$2).
The main commercial origins of Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads in 2023 were New Zealand (US$148M), United States (US$14.2M), France (US$2.16M), Netherlands (US$1.55M), and Argentina (US$1.48M).
In the global context, the main exporting countries of Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads in 2022 were New Zealand (US$2.89B), Netherlands (US$2.03B), and Ireland (US$1.63B). In the same year, the main importing countries of Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads were France (US$1.61B), Germany (US$1.11B), and Netherlands (US$933M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$334M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads in Mexico (including international purchases and sales) was US$334M.
The visualizations show the net balance of Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads 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$13.9M, International Purchases
- US$5.77M, International Sales
In July 2024, international sales of Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads were US$5.77M, while international purchases reached US$13.9M. The above results in a trade balance of -US$8.17M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$366k, State with the Most International Sales (2023)
United States: US$355k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads were Ciudad de México (US$366k).
In 2023, the countries with the most international purchases from Mexico were United States (US$355k), United Arab Emirates (US$1.82k), and Cuba (US$2).
International Purchases
#permalink to sectionCiudad de México: US$62M, State with the Most International Purchases (2023)
New Zealand: US$148M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads were Ciudad de México (US$62M), Guanajuato (US$27.8M), Chihuahua (US$26.5M), Jalisco (US$24.9M), and Estado de México (US$19.5M).
The countries with the most international sales to Mexico in 2023 were New Zealand (US$148M), United States (US$14.2M), France (US$2.16M), Netherlands (US$1.55M), and Argentina (US$1.48M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads. 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- 0.11%, Mexican share in global exports - 2022
- 1.48%, Mexican share in global imports - 2022
The visualizations show the global market for Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads. 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 Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads were New Zealand (US$2.89B), Netherlands (US$2.03B), and Ireland (US$1.63B). In the same year, the main importing countries for Butter (Butter) and other Fats and Oils Derived from Milk; Dairy Spreads were France (US$1.61B), Germany (US$1.11B), and Netherlands (US$933M).