ProceduresGovernment

Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine)

Código 151790 (Harmonized System 2012 by 6 digits)

 2023: US$183M, Total Trade Exchange

2023: US$121M, International Sales

  2023: US$61.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) was US$183M.

In 2023, the states with the most international sales in Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) were Estado de México (US$67.3M), Jalisco (US$6.54M), Ciudad de México (US$4.2M), and Nuevo León (US$876k).

The states with the most international purchases in 2023 were Ciudad de México (US$20.1M), Estado de México (US$11.7M), Nuevo León (US$6.76M), Chihuahua (US$3.71M), and Baja California (US$3.25M).

In 2023, the main commercial destinations of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) were United States (US$67.2M), Belize (US$7.28M), South Africa (US$2.02M), Guatemala (US$1.25M), and Colombia (US$637k).

The main commercial origins of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) in 2023 were United States (US$36.3M), France (US$7.97M), Malaysia (US$1.75M), Iceland (US$1.3M), and Australia (US$986k).

In the global context, the main exporting countries of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) in 2022 were Indonesia (US$1.88B), Malaysia (US$643M), and Netherlands (US$590M). In the same year, the main importing countries of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) were China (US$1.35B), France (US$383M), and Netherlands (US$359M).

Trade Balance of Mexico

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Net Trade Balance

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US$183M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) in Mexico (including international purchases and sales) was US$183M.

The visualizations show the net balance of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) 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$3.94M, International Purchases
  • US$11.5M, International Sales

In July 2024, international sales of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) were US$11.5M, while international purchases reached US$3.94M. The above results in a trade balance of US$7.59M.

Market Concentration

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2024-Q3: US$1.2M, International Sales

The visualization shows the quarterly concentration of international sales of Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) at state level.

In the third quarter of 2024, international sales were US$1.2M, being the states with the most sales Nuevo León (US$959k) and Ciudad de México (US$241k).

Exchange by Territory

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International Sales

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Estado de México: US$67.3M, State with the Most International Sales (2023)

United States: US$67.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) were Estado de México (US$67.3M), Jalisco (US$6.54M), Ciudad de México (US$4.2M), and Nuevo León (US$876k).

In 2023, the countries with the most international purchases from Mexico were United States (US$67.2M), Belize (US$7.28M), South Africa (US$2.02M), Guatemala (US$1.25M), and Colombia (US$637k).

International Purchases

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Ciudad de México: US$20.1M, State with the Most International Purchases (2023)

United States: US$36.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) were Ciudad de México (US$20.1M), Estado de México (US$11.7M), Nuevo León (US$6.76M), Chihuahua (US$3.71M), and Baja California (US$3.25M).

The countries with the most international sales to Mexico in 2023 were United States (US$36.3M), France (US$7.97M), Malaysia (US$1.75M), Iceland (US$1.3M), and Australia (US$986k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine). 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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  • 0.9%, Mexican share in global exports - 2022
  • 0.88%, Mexican share in global imports - 2022

The visualizations show the global market for Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine). 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 Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) were Indonesia (US$1.88B), Malaysia (US$643M), and Netherlands (US$590M). In the same year, the main importing countries for Edible Mixtures or Preparations Oils and Fats and Oils or Vegetable Fractions Alimenticias of Different Fats or Oils (Excl. Fats and Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refined, but not further Prepared, Mixtures of Olive Oils and their Fractions, and Solid Margarine) were China (US$1.35B), France (US$383M), and Netherlands (US$359M).