Cloves (Whole Fruit, Cloves and Stems)
Código 0907 (Harmonized System 2012 by 4 digits)
2023: US$6.35M, Total Trade Exchange
2023: US$525k, International Sales
2023: US$5.82M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cloves (Whole Fruit, Cloves and Stems) was US$6.35M.
The states with the most international purchases in 2023 were Ciudad de México (US$3.15M), Querétaro (US$1.17M), Jalisco (US$741k), and Nuevo León (US$352k).
The main commercial origins of Cloves (Whole Fruit, Cloves and Stems) in 2023 were Madagascar (US$2.14M), Sri Lanka (US$878k), Indonesia (US$855k), Brazil (US$637k), and Comoros (US$616k).
In the global context, the main exporting countries of Cloves (Whole Fruit, Cloves and Stems) in 2022 were Madagascar (US$372M), Tanzania (US$73.4M), and Indonesia (US$68.6M). In the same year, the main importing countries of Cloves (Whole Fruit, Cloves and Stems) were Indonesia (US$198M), Singapore (US$105M), and India (US$103M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$6.35M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cloves (Whole Fruit, Cloves and Stems) in Mexico (including international purchases and sales) was US$6.35M.
The visualizations show the net balance of Cloves (Whole Fruit, Cloves and Stems) 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$1.27M, International Purchases
- US$25.4k, International Sales
In July 2024, international sales of Cloves (Whole Fruit, Cloves and Stems) were US$25.4k, while international purchases reached US$1.27M. The above results in a trade balance of -US$1.25M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$3.15M, State with the Most International Purchases (2023)
Madagascar: US$2.14M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cloves (Whole Fruit, Cloves and Stems) were Ciudad de México (US$3.15M), Querétaro (US$1.17M), Jalisco (US$741k), and Nuevo León (US$352k).
The countries with the most international sales to Mexico in 2023 were Madagascar (US$2.14M), Sri Lanka (US$878k), Indonesia (US$855k), Brazil (US$637k), and Comoros (US$616k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cloves (Whole Fruit, Cloves and Stems) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cloves (Whole Fruit, Cloves and Stems). 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- 0.0019%, Mexican share in global exports - 2022
- 0.71%, Mexican share in global imports - 2022
The visualizations show the global market for Cloves (Whole Fruit, Cloves and Stems). 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 Cloves (Whole Fruit, Cloves and Stems) were Madagascar (US$372M), Tanzania (US$73.4M), and Indonesia (US$68.6M). In the same year, the main importing countries for Cloves (Whole Fruit, Cloves and Stems) were Indonesia (US$198M), Singapore (US$105M), and India (US$103M).