ProceduresGovernment

Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes

Código 190410 (Harmonized System 2012 by 6 digits)

 2023: US$401M, Total Trade Exchange

2023: US$358M, International Sales

  2023: US$42.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes was US$401M.

In 2023, the states with the most international sales in Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes were Querétaro (US$139M), Nuevo León (US$108M), Baja California (US$40.4M), Guanajuato (US$26M), and Ciudad de México (US$18.2M).

The states with the most international purchases in 2023 were Estado de México (US$11.7M), Ciudad de México (US$8.77M), Chihuahua (US$2.83M), Nuevo León (US$2.45M), and Baja California (US$1.41M).

In 2023, the main commercial destinations of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes were United States (US$266M), Canada (US$23.6M), Guatemala (US$19.6M), El Salvador (US$9.02M), and Costa Rica (US$8.38M).

The main commercial origins of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes in 2023 were United States (US$24.9M), Colombia (US$1.92M), Spain (US$326k), Italy (US$290k), and Peru (US$265k).

In the global context, the main exporting countries of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes in 2022 were United States (US$614M), United Kingdom (US$502M), and Germany (US$495M). In the same year, the main importing countries of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes were United States (US$560M), Canada (US$500M), and United Kingdom (US$284M).

Trade Balance of Mexico

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Net Trade Balance

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US$401M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes in Mexico (including international purchases and sales) was US$401M.

The visualizations show the net balance of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes 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$4.06M, International Purchases
  • US$22M, International Sales

In July 2024, international sales of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes were US$22M, while international purchases reached US$4.06M. The above results in a trade balance of US$18M.

Market Concentration

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2024-Q3: US$16.6M, International Sales

The visualization shows the quarterly concentration of international sales of Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes at state level.

In the third quarter of 2024, international sales were US$16.6M, being the states with the most sales Nuevo León (US$9.22M), Baja California (US$6.32M), and Ciudad de México (US$1.11M).

Exchange by Territory

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International Sales

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Querétaro: US$139M, State with the Most International Sales (2023)

United States: US$266M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes were Querétaro (US$139M), Nuevo León (US$108M), Baja California (US$40.4M), Guanajuato (US$26M), and Ciudad de México (US$18.2M).

In 2023, the countries with the most international purchases from Mexico were United States (US$266M), Canada (US$23.6M), Guatemala (US$19.6M), El Salvador (US$9.02M), and Costa Rica (US$8.38M).

International Purchases

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Estado de México: US$11.7M, State with the Most International Purchases (2023)

United States: US$24.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes were Estado de México (US$11.7M), Ciudad de México (US$8.77M), Chihuahua (US$2.83M), Nuevo León (US$2.45M), and Baja California (US$1.41M).

The countries with the most international sales to Mexico in 2023 were United States (US$24.9M), Colombia (US$1.92M), Spain (US$326k), Italy (US$290k), and Peru (US$265k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes. 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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  • 5.5%, Mexican share in global exports - 2022
  • 0.79%, Mexican share in global imports - 2022

The visualizations show the global market for Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes. 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 Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes were United States (US$614M), United Kingdom (US$502M), and Germany (US$495M). In the same year, the main importing countries for Cereal Based Products Obtained by Swelling or Roasting, eg Flakes, Corn Flakes were United States (US$560M), Canada (US$500M), and United Kingdom (US$284M).