ProceduresGovernment

Cocoa Powder, not Containing Added Sugar or other Sweetening Matter

Código 180500 (Harmonized System 2012 by 6 digits)

 2023: US$64.7M, Total Trade Exchange

2023: US$9.52M, International Sales

  2023: US$55.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cocoa Powder, not Containing Added Sugar or other Sweetening Matter was US$64.7M.

In 2023, the states with the most international sales in Cocoa Powder, not Containing Added Sugar or other Sweetening Matter were Ciudad de México (US$5.97M), Nuevo León (US$2.96M), and Jalisco (US$31.1k).

The states with the most international purchases in 2023 were Nuevo León (US$21.8M), Jalisco (US$12.9M), Ciudad de México (US$7.19M), Estado de México (US$6.65M), and Hidalgo (US$401k).

In 2023, the main commercial destinations of Cocoa Powder, not Containing Added Sugar or other Sweetening Matter were United States (US$5.33M), Guatemala (US$2.07M), Canada (US$438k), Nicaragua (US$411k), and Netherlands (US$210k).

The main commercial origins of Cocoa Powder, not Containing Added Sugar or other Sweetening Matter in 2023 were Netherlands (US$17.3M), United States (US$11.7M), Canada (US$7.46M), Malaysia (US$3.9M), and Ghana (US$1.41M).

In the global context, the main exporting countries of Cocoa Powder, not Containing Added Sugar or other Sweetening Matter in 2022 were Netherlands (US$891M), Malaysia (US$457M), and Germany (US$317M). In the same year, the main importing countries of Cocoa Powder, not Containing Added Sugar or other Sweetening Matter were United States (US$403M), Netherlands (US$188M), and China (US$157M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$64.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cocoa Powder, not Containing Added Sugar or other Sweetening Matter in Mexico (including international purchases and sales) was US$64.7M.

The visualizations show the net balance of Cocoa Powder, not Containing Added Sugar or other Sweetening Matter 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 section

July, 2024

  • US$5.46M, International Purchases
  • US$1.89M, International Sales

In July 2024, international sales of Cocoa Powder, not Containing Added Sugar or other Sweetening Matter were US$1.89M, while international purchases reached US$5.46M. The above results in a trade balance of -US$3.57M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$5.97M, State with the Most International Sales (2023)

United States: US$5.33M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cocoa Powder, not Containing Added Sugar or other Sweetening Matter were Ciudad de México (US$5.97M), Nuevo León (US$2.96M), and Jalisco (US$31.1k).

In 2023, the countries with the most international purchases from Mexico were United States (US$5.33M), Guatemala (US$2.07M), Canada (US$438k), Nicaragua (US$411k), and Netherlands (US$210k).

International Purchases

#permalink to section

Nuevo León: US$21.8M, State with the Most International Purchases (2023)

Netherlands: US$17.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cocoa Powder, not Containing Added Sugar or other Sweetening Matter were Nuevo León (US$21.8M), Jalisco (US$12.9M), Ciudad de México (US$7.19M), Estado de México (US$6.65M), and Hidalgo (US$401k).

The countries with the most international sales to Mexico in 2023 were Netherlands (US$17.3M), United States (US$11.7M), Canada (US$7.46M), Malaysia (US$3.9M), and Ghana (US$1.41M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cocoa Powder, not Containing Added Sugar or other Sweetening Matter  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cocoa Powder, not Containing Added Sugar or other Sweetening Matter. 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

#permalink to section

  • 0.21%, Mexican share in global exports - 2022
  • 2.62%, Mexican share in global imports - 2022

The visualizations show the global market for Cocoa Powder, not Containing Added Sugar or other Sweetening Matter. 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 Cocoa Powder, not Containing Added Sugar or other Sweetening Matter were Netherlands (US$891M), Malaysia (US$457M), and Germany (US$317M). In the same year, the main importing countries for Cocoa Powder, not Containing Added Sugar or other Sweetening Matter were United States (US$403M), Netherlands (US$188M), and China (US$157M).