Cottonseed (Except for Sowing)
Código 120729 (Harmonized System 2012 by 6 digits)
2023: US$26M, Total Trade Exchange
2023: US$589k, International Sales
2023: US$25.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cottonseed (Except for Sowing) was US$26M.
In 2021, the states with the most international sales in Cottonseed (Except for Sowing) were Jalisco (US$1.04M).
The states with the most international purchases in 2023 were Tamaulipas (US$9.04M), Nuevo León (US$8.1M), and Jalisco (US$7.39M).
In 2021, the main commercial destinations of Cottonseed (Except for Sowing) were China (US$667k) and United States (US$371k).
The main commercial origins of Cottonseed (Except for Sowing) in 2023 were United States (US$24.5M).
In the global context, the main exporting countries of Cottonseed (Except for Sowing) in 2022 were Australia (US$243M), Greece (US$107M), and United States (US$82.2M). In the same year, the main importing countries of Cottonseed (Except for Sowing) were China (US$186M), Italy (US$53M), and South Korea (US$52.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$26M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cottonseed (Except for Sowing) in Mexico (including international purchases and sales) was US$26M.
The visualizations show the net balance of Cottonseed (Except for Sowing) 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$1.78M, International Purchases
In July 2024, international sales of Cottonseed (Except for Sowing) were US$0, while international purchases reached US$1.78M. The above results in a trade balance of -US$1.78M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$1.04M, State with the Most International Sales (2021)
China: US$667k, Main commercial destination (2021)
In 2021, the states with the highest international sales in Cottonseed (Except for Sowing) were Jalisco (US$1.04M).
In 2021, the countries with the most international purchases from Mexico were China (US$667k) and United States (US$371k).
International Purchases
#permalink to sectionTamaulipas: US$9.04M, State with the Most International Purchases (2023)
United States: US$24.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cottonseed (Except for Sowing) were Tamaulipas (US$9.04M), Nuevo León (US$8.1M), and Jalisco (US$7.39M).
The countries with the most international sales to Mexico in 2023 were United States (US$24.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cottonseed (Except for Sowing) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cottonseed (Except for Sowing). 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- 0.033%, Mexican share in global exports - 2022
- 0.86%, Mexican share in global imports - 2022
The visualizations show the global market for Cottonseed (Except for Sowing). 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 Cottonseed (Except for Sowing) were Australia (US$243M), Greece (US$107M), and United States (US$82.2M). In the same year, the main importing countries for Cottonseed (Except for Sowing) were China (US$186M), Italy (US$53M), and South Korea (US$52.4M).