Cornstarch
Código 110812 (Harmonized System 2012 by 6 digits)
2023: US$121M, Total Trade Exchange
2023: US$14.7M, International Sales
2023: US$107M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cornstarch was US$121M.
In 2023, the states with the most international sales in Cornstarch were Jalisco (US$13.3M), Estado de México (US$962k), Nuevo León (US$50.6k), and Ciudad de México (US$741).
The states with the most international purchases in 2023 were Jalisco (US$20.5M), Estado de México (US$5.6M), Querétaro (US$4.75M), Ciudad de México (US$3.72M), and Sonora (US$3.55M).
In 2023, the main commercial destinations of Cornstarch were Guatemala (US$5.37M), Panama (US$2.39M), China (US$1.92M), United States (US$1.66M), and El Salvador (US$1.5M).
The main commercial origins of Cornstarch in 2023 were United States (US$28.1M), Brazil (US$7.63M), India (US$5.3M), Turkey (US$1.14M), and Italy (US$436k).
In the global context, the main exporting countries of Cornstarch in 2022 were N/A. In the same year, the main importing countries of Cornstarch were France (US$122M), Germany (US$120M), and Malaysia (US$119M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$121M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cornstarch in Mexico (including international purchases and sales) was US$121M.
The visualizations show the net balance of Cornstarch 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$9.57M, International Purchases
- US$1.69M, International Sales
In July 2024, international sales of Cornstarch were US$1.69M, while international purchases reached US$9.57M. The above results in a trade balance of -US$7.88M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$13.3M, State with the Most International Sales (2023)
Guatemala: US$5.37M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Cornstarch were Jalisco (US$13.3M), Estado de México (US$962k), Nuevo León (US$50.6k), and Ciudad de México (US$741).
In 2023, the countries with the most international purchases from Mexico were Guatemala (US$5.37M), Panama (US$2.39M), China (US$1.92M), United States (US$1.66M), and El Salvador (US$1.5M).
International Purchases
#permalink to sectionJalisco: US$20.5M, State with the Most International Purchases (2023)
United States: US$28.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cornstarch were Jalisco (US$20.5M), Estado de México (US$5.6M), Querétaro (US$4.75M), Ciudad de México (US$3.72M), and Sonora (US$3.55M).
The countries with the most international sales to Mexico in 2023 were United States (US$28.1M), Brazil (US$7.63M), India (US$5.3M), Turkey (US$1.14M), and Italy (US$436k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cornstarch and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cornstarch. 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- 1.27%, Mexican share in global exports - 2022
- 5.27%, Mexican share in global imports - 2022
The visualizations show the global market for Cornstarch. 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 Cornstarch were N/A. In the same year, the main importing countries for Cornstarch were France (US$122M), Germany (US$120M), and Malaysia (US$119M).