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Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton)

Código 151229 (Harmonized System 2012 by 6 digits)

 2023: US$18.5M, Total Trade Exchange

2023: US$11.4k, International Sales

  2023: US$18.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) was US$18.5M.

The states with the most international purchases in 2023 were Nuevo León (US$17.8M).

The main commercial origins of Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) in 2023 were United States (US$9.1M), Argentina (US$8.66M), and Turkey (US$1.46k).

In the global context, the main exporting countries of Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) in 2022 were United States (US$62.2M), Turkey (US$31.5M), and Argentina (US$28M). In the same year, the main importing countries of Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) were Australia (US$42.7M), Spain (US$24.4M), and Malaysia (US$22.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$18.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) in Mexico (including international purchases and sales) was US$18.5M.

The visualizations show the net balance of Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) 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$617k, International Purchases

In July 2024, international sales of Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) were US$0, while international purchases reached US$617k. The above results in a trade balance of -US$617k.

Exchange by Territory

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International Purchases

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Nuevo León: US$17.8M, State with the Most International Purchases (2023)

United States: US$9.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) were Nuevo León (US$17.8M).

The countries with the most international sales to Mexico in 2023 were United States (US$9.1M), Argentina (US$8.66M), and Turkey (US$1.46k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton). 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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  • 0.00047%, Mexican share in global exports - 2022
  • 3.17%, Mexican share in global imports - 2022

The visualizations show the global market for Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton). 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 Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) were United States (US$62.2M), Turkey (US$31.5M), and Argentina (US$28M). In the same year, the main importing countries for Cottonseed Oil and its Fractions, Incl. no Gossypol, Incl. Refined, not Chemically Modified (Excl. Oil Raw Cotton) were Australia (US$42.7M), Spain (US$24.4M), and Malaysia (US$22.1M).