ProceduresGovernment

Butter "Manteca" (Exc. Dehydrated Butter and "Ghee")

Código 040510 (Harmonized System 2012 by 6 digits)

 2023: US$44M, Total Trade Exchange

2023: US$3.79M, International Sales

  2023: US$40.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") was US$44M.

In 2023, the states with the most international sales in Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") were Ciudad de México (US$140k).

The states with the most international purchases in 2023 were Ciudad de México (US$13M), Nuevo León (US$9.64M), Chihuahua (US$2.49M), Quintana Roo (US$2.08M), and Baja California (US$1.18M).

In 2023, the main commercial destinations of Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") were United States (US$138k), United Arab Emirates (US$1.82k), and Cuba (US$2).

The main commercial origins of Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") in 2023 were New Zealand (US$18.4M), France (US$3.47M), United States (US$2.89M), Ireland (US$1.16M), and Denmark (US$1.13M).

In the global context, the main exporting countries of Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") in 2022 were New Zealand (US$1.6B), Ireland (US$1.52B), and Netherlands (US$1.49B). In the same year, the main importing countries of Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") were France (US$1.35B), Germany (US$940M), and Netherlands (US$814M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$44M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") in Mexico (including international purchases and sales) was US$44M.

The visualizations show the net balance of Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") 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 section

July, 2024: US$3.06M, International Purchases

In July 2024, international sales of Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") were US$0, while international purchases reached US$3.06M. The above results in a trade balance of -US$3.06M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$140k, State with the Most International Sales (2023)

United States: US$138k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") were Ciudad de México (US$140k).

In 2023, the countries with the most international purchases from Mexico were United States (US$138k), United Arab Emirates (US$1.82k), and Cuba (US$2).

International Purchases

#permalink to section

Ciudad de México: US$13M, State with the Most International Purchases (2023)

New Zealand: US$18.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") were Ciudad de México (US$13M), Nuevo León (US$9.64M), Chihuahua (US$2.49M), Quintana Roo (US$2.08M), and Baja California (US$1.18M).

The countries with the most international sales to Mexico in 2023 were New Zealand (US$18.4M), France (US$3.47M), United States (US$2.89M), Ireland (US$1.16M), and Denmark (US$1.13M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Butter "Manteca" (Exc. Dehydrated Butter and "Ghee")  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Butter "Manteca" (Exc. Dehydrated Butter and "Ghee"). 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

#permalink to section

  • 0.0039%, Mexican share in global exports - 2022
  • 0.28%, Mexican share in global imports - 2022

The visualizations show the global market for Butter "Manteca" (Exc. Dehydrated Butter and "Ghee"). 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 "Manteca" (Exc. Dehydrated Butter and "Ghee") were New Zealand (US$1.6B), Ireland (US$1.52B), and Netherlands (US$1.49B). In the same year, the main importing countries for Butter "Manteca" (Exc. Dehydrated Butter and "Ghee") were France (US$1.35B), Germany (US$940M), and Netherlands (US$814M).