Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground)
Código 090611 (Harmonized System 2012 by 6 digits)
2023: US$89.8M, Total Trade Exchange
2023: US$1.1M, International Sales
2023: US$88.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) was US$89.8M.
In 2023, the states with the most international sales in Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) were Puebla (US$829k).
The states with the most international purchases in 2023 were Ciudad de México (US$32.1M), Querétaro (US$20.8M), Jalisco (US$19.2M), Estado de México (US$4.29M), and Puebla (US$2.55M).
In 2023, the main commercial destinations of Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) were United States (US$829k) and Canada (US$1).
The main commercial origins of Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) in 2023 were Sri Lanka (US$80.3M), Vietnam (US$227k), Colombia (US$75.9k), Madagascar (US$62.4k), and India (US$30.2k).
In the global context, the main exporting countries of Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) in 2022 were Sri Lanka (US$169M), Vietnam (US$102M), and China (US$70.9M). In the same year, the main importing countries of Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) were United States (US$76.4M), Mexico (US$54.3M), and Vietnam (US$49.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$89.8M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) in Mexico (including international purchases and sales) was US$89.8M.
The visualizations show the net balance of Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor 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$2.28M, International Purchases
- US$21.7k, International Sales
In July 2024, international sales of Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) were US$21.7k, while international purchases reached US$2.28M. The above results in a trade balance of -US$2.25M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionPuebla: US$829k, State with the Most International Sales (2023)
United States: US$829k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) were Puebla (US$829k).
In 2023, the countries with the most international purchases from Mexico were United States (US$829k) and Canada (US$1).
International Purchases
#permalink to sectionCiudad de México: US$32.1M, State with the Most International Purchases (2023)
Sri Lanka: US$80.3M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) were Ciudad de México (US$32.1M), Querétaro (US$20.8M), Jalisco (US$19.2M), Estado de México (US$4.29M), and Puebla (US$2.55M).
The countries with the most international sales to Mexico in 2023 were Sri Lanka (US$80.3M), Vietnam (US$227k), Colombia (US$75.9k), Madagascar (US$62.4k), and India (US$30.2k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor 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- 0.025%, Mexican share in global exports - 2022
- 12.5%, Mexican share in global imports - 2022
The visualizations show the global market for Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor 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 "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) were Sri Lanka (US$169M), Vietnam (US$102M), and China (US$70.9M). In the same year, the main importing countries for Cinnamon "Cinnarmomum Zeylanicum Blume" (Exc. neither Crushed nor Ground) were United States (US$76.4M), Mexico (US$54.3M), and Vietnam (US$49.9M).