ProceduresGovernment

Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets"

Código 2304 (Harmonized System 2012 by 4 digits)

 2023: US$845M, Total Trade Exchange

2023: US$29.5k, International Sales

  2023: US$845M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" was US$845M.

In 2018, the states with the most international sales in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Nuevo León (US$7.02k).

The states with the most international purchases in 2023 were Jalisco (US$204M), Ciudad de México (US$40M), Chihuahua (US$35.5M), Guanajuato (US$400k), and Estado de México (US$175k).

In 2018, the main commercial destinations of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were United States (US$7.02k).

The main commercial origins of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" in 2023 were United States (US$280M), China (US$461k), Netherlands (US$30.5k), Canada (US$3), and France (US$1).

In the global context, the main exporting countries of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" in 2022 were Argentina (US$12.1B), Brazil (US$10.4B), and United States (US$5.41B). In the same year, the main importing countries of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Indonesia (US$2.96B), Vietnam (US$2.5B), and Germany (US$1.51B).

Trade Balance of Mexico

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Net Trade Balance

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US$845M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" in Mexico (including international purchases and sales) was US$845M.

The visualizations show the net balance of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" 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$64M, International Purchases

In July 2024, international sales of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were US$0, while international purchases reached US$64M. The above results in a trade balance of -US$64M.

Exchange by Territory

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International Sales

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Nuevo León: US$7.02k, State with the Most International Sales (2018)

United States: US$7.02k, Main commercial destination (2018)

In 2018, the states with the highest international sales in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Nuevo León (US$7.02k).

In 2018, the countries with the most international purchases from Mexico were United States (US$7.02k).

International Purchases

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Jalisco: US$204M, State with the Most International Purchases (2023)

United States: US$280M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Jalisco (US$204M), Ciudad de México (US$40M), Chihuahua (US$35.5M), Guanajuato (US$400k), and Estado de México (US$175k).

The countries with the most international sales to Mexico in 2023 were United States (US$280M), China (US$461k), Netherlands (US$30.5k), Canada (US$3), and France (US$1).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets"  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets". 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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  • 0.0037%, Mexican share in global exports - 2022
  • 2.4%, Mexican share in global imports - 2022

The visualizations show the global market for Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets". 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 Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Argentina (US$12.1B), Brazil (US$10.4B), and United States (US$5.41B). In the same year, the main importing countries for Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Indonesia (US$2.96B), Vietnam (US$2.5B), and Germany (US$1.51B).