ProceduresGovernment

Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. Ground or in "Pellets"

Código 230610 (Harmonized System 2012 by 6 digits)

  2023: US$13.8M, International Purchases

The states with the most international purchases in 2023 were Nuevo León (US$4.91M).

The main commercial origins of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. Ground or in "Pellets" in 2023 were United States (US$4.91M).

In the global context, the main exporting countries of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. Ground or in "Pellets" in 2022 were Benin (US$28.7M), Cote d'Ivoire (US$18.6M), and United States (US$13.5M). In the same year, the main importing countries of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. Ground or in "Pellets" were India (US$17.6M), Mauritania (US$17.6M), and Senegal (US$13.8M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. 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$739k, International Purchases

In July 2024, international sales of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. Ground or in "Pellets" were US$0, while international purchases reached US$739k. The above results in a trade balance of -US$739k.

Exchange by Territory

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International Purchases

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Nuevo León: US$4.91M, State with the Most International Purchases (2023)

United States: US$4.91M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. Ground or in "Pellets" were Nuevo León (US$4.91M).

The countries with the most international sales to Mexico in 2023 were United States (US$4.91M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. 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 Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. 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%, Mexican share in global exports - 2022
  • 3.8%, Mexican share in global imports - 2022

The visualizations show the global market for Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. 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 Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. Ground or in "Pellets" were Benin (US$28.7M), Cote d'Ivoire (US$18.6M), and United States (US$13.5M). In the same year, the main importing countries for Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Cottonseed, Incl. Ground or in "Pellets" were India (US$17.6M), Mauritania (US$17.6M), and Senegal (US$13.8M).