Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground
Código 090620 (Harmonized System 2012 by 6 digits)
2023: US$6.43M, Total Trade Exchange
2023: US$301k, International Sales
2023: US$6.13M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground was US$6.43M.
In 2023, the states with the most international sales in Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground were Ciudad de México (US$10.4k).
The states with the most international purchases in 2023 were Ciudad de México (US$2.74M), Estado de México (US$1.93M), Nuevo León (US$370k), Querétaro (US$310k), and Jalisco (US$216k).
In 2023, the main commercial destinations of Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground were El Salvador (US$9.86k), Canada (US$488), and Cuba (US$10).
The main commercial origins of Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in 2023 were Vietnam (US$3.12M), United States (US$1.63M), Sri Lanka (US$588k), Guatemala (US$182k), and China (US$76.4k).
In the global context, the main exporting countries of Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in 2022 were Vietnam (US$76.2M), Indonesia (US$61.9M), and United States (US$17.1M). In the same year, the main importing countries of Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground were United States (US$74.5M), Canada (US$23.5M), and Germany (US$15.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$6.43M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Mexico (including international purchases and sales) was US$6.43M.
The visualizations show the net balance of Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground 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$836k, International Purchases
- US$5.55k, International Sales
In July 2024, international sales of Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground were US$5.55k, while international purchases reached US$836k. The above results in a trade balance of -US$830k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$10.4k, State with the Most International Sales (2023)
El Salvador: US$9.86k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground were Ciudad de México (US$10.4k).
In 2023, the countries with the most international purchases from Mexico were El Salvador (US$9.86k), Canada (US$488), and Cuba (US$10).
International Purchases
#permalink to sectionCiudad de México: US$2.74M, State with the Most International Purchases (2023)
Vietnam: US$3.12M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground were Ciudad de México (US$2.74M), Estado de México (US$1.93M), Nuevo León (US$370k), Querétaro (US$310k), and Jalisco (US$216k).
The countries with the most international sales to Mexico in 2023 were Vietnam (US$3.12M), United States (US$1.63M), Sri Lanka (US$588k), Guatemala (US$182k), and China (US$76.4k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground. 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- 0.026%, Mexican share in global exports - 2022
- 2.15%, Mexican share in global imports - 2022
The visualizations show the global market for Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground. 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 Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground were Vietnam (US$76.2M), Indonesia (US$61.9M), and United States (US$17.1M). In the same year, the main importing countries for Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground were United States (US$74.5M), Canada (US$23.5M), and Germany (US$15.8M).