ProceduresGovernment

Corn Seeds for Planting

Código 100510 (Harmonized System 2012 by 6 digits)

 2023: US$166M, Total Trade Exchange

2023: US$108M, International Sales

  2023: US$58.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Corn Seeds for Planting was US$166M.

In 2023, the states with the most international sales in Corn Seeds for Planting were Jalisco (US$12.3M), Nayarit (US$1.16M), and Puebla (US$37).

The states with the most international purchases in 2023 were Jalisco (US$36.8M), Ciudad de México (US$11.9M), Querétaro (US$2.99M), Baja California (US$1.91M), and Nayarit (US$9.48k).

In 2023, the main commercial destinations of Corn Seeds for Planting were Venezuela (US$3.13M), Ecuador (US$2.78M), Guatemala (US$1.66M), Panama (US$1.64M), and El Salvador (US$1.23M).

The main commercial origins of Corn Seeds for Planting in 2023 were United States (US$29M), Brazil (US$15.6M), Chile (US$8.04M), Thailand (US$944k), and France (US$18.1k).

In the global context, the main exporting countries of Corn Seeds for Planting in 2022 were France (US$840M), Argentina (US$506M), and United States (US$329M). In the same year, the main importing countries of Corn Seeds for Planting were Malaysia (US$547M), Germany (US$323M), and France (US$205M).

Trade Balance of Mexico

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Net Trade Balance

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US$166M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Corn Seeds for Planting in Mexico (including international purchases and sales) was US$166M.

The visualizations show the net balance of Corn Seeds for Planting 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$490k, International Purchases
  • US$1.31M, International Sales

In July 2024, international sales of Corn Seeds for Planting were US$1.31M, while international purchases reached US$490k. The above results in a trade balance of US$815k.

Market Concentration

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2024-Q3: US$1.04M, International Sales

The visualization shows the quarterly concentration of international sales of Corn Seeds for Planting at state level.

In the third quarter of 2024, international sales were US$1.04M, being the states with the most sales Ciudad de México (US$1.04M).

Exchange by Territory

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International Sales

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Jalisco: US$12.3M, State with the Most International Sales (2023)

Venezuela: US$3.13M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Corn Seeds for Planting were Jalisco (US$12.3M), Nayarit (US$1.16M), and Puebla (US$37).

In 2023, the countries with the most international purchases from Mexico were Venezuela (US$3.13M), Ecuador (US$2.78M), Guatemala (US$1.66M), Panama (US$1.64M), and El Salvador (US$1.23M).

International Purchases

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Jalisco: US$36.8M, State with the Most International Purchases (2023)

United States: US$29M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Corn Seeds for Planting were Jalisco (US$36.8M), Ciudad de México (US$11.9M), Querétaro (US$2.99M), Baja California (US$1.91M), and Nayarit (US$9.48k).

The countries with the most international sales to Mexico in 2023 were United States (US$29M), Brazil (US$15.6M), Chile (US$8.04M), Thailand (US$944k), and France (US$18.1k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Corn Seeds for Planting  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Corn Seeds for Planting. 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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  • 1.22%, Mexican share in global exports - 2022
  • 1.33%, Mexican share in global imports - 2022

The visualizations show the global market for Corn Seeds for Planting. 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 Corn Seeds for Planting were France (US$840M), Argentina (US$506M), and United States (US$329M). In the same year, the main importing countries for Corn Seeds for Planting were Malaysia (US$547M), Germany (US$323M), and France (US$205M).