Extracts, Essences and Concentrates of Coffee
Código 210111 (Harmonized System 2012 by 6 digits)
2023: US$386M, Total Trade Exchange
2023: US$305M, International Sales
2023: US$81.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Extracts, Essences and Concentrates of Coffee was US$386M.
In 2023, the states with the most international sales in Extracts, Essences and Concentrates of Coffee were Ciudad de México (US$159M), Veracruz de Ignacio de la Llave (US$93.8M), Jalisco (US$14.8M), Baja California (US$9.48M), and Nuevo León (US$543k).
The states with the most international purchases in 2023 were Ciudad de México (US$66.4M), Jalisco (US$3.7M), Estado de México (US$3.18M), Baja California (US$1.14M), and Guanajuato (US$422k).
In 2023, the main commercial destinations of Extracts, Essences and Concentrates of Coffee were United States (US$173M), Guatemala (US$32.8M), Netherlands (US$10.5M), El Salvador (US$7.34M), and Spain (US$7.13M).
The main commercial origins of Extracts, Essences and Concentrates of Coffee in 2023 were Colombia (US$59.8M), United States (US$9.19M), Germany (US$2.9M), Russia (US$2.08M), and Brazil (US$371k).
In the global context, the main exporting countries of Extracts, Essences and Concentrates of Coffee in 2022 were Germany (US$723M), Brazil (US$675M), and Spain (US$478M). In the same year, the main importing countries of Extracts, Essences and Concentrates of Coffee were United States (US$686M), Germany (US$401M), and United Kingdom (US$349M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$386M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Extracts, Essences and Concentrates of Coffee in Mexico (including international purchases and sales) was US$386M.
The visualizations show the net balance of Extracts, Essences and Concentrates of Coffee 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$9.38M, International Purchases
- US$42M, International Sales
In July 2024, international sales of Extracts, Essences and Concentrates of Coffee were US$42M, while international purchases reached US$9.38M. The above results in a trade balance of US$32.7M.
Market Concentration
#permalink to section2024-Q3: US$37.9M, International Sales
The visualization shows the quarterly concentration of international sales of Extracts, Essences and Concentrates of Coffee at state level.
In the third quarter of 2024, international sales were US$37.9M, being the states with the most sales Ciudad de México (US$26.6M), Veracruz de Ignacio de la Llave (US$10.2M), and Coahuila de Zaragoza (US$834k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$159M, State with the Most International Sales (2023)
United States: US$173M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Extracts, Essences and Concentrates of Coffee were Ciudad de México (US$159M), Veracruz de Ignacio de la Llave (US$93.8M), Jalisco (US$14.8M), Baja California (US$9.48M), and Nuevo León (US$543k).
In 2023, the countries with the most international purchases from Mexico were United States (US$173M), Guatemala (US$32.8M), Netherlands (US$10.5M), El Salvador (US$7.34M), and Spain (US$7.13M).
International Purchases
#permalink to sectionCiudad de México: US$66.4M, State with the Most International Purchases (2023)
Colombia: US$59.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Extracts, Essences and Concentrates of Coffee were Ciudad de México (US$66.4M), Jalisco (US$3.7M), Estado de México (US$3.18M), Baja California (US$1.14M), and Guanajuato (US$422k).
The countries with the most international sales to Mexico in 2023 were Colombia (US$59.8M), United States (US$9.19M), Germany (US$2.9M), Russia (US$2.08M), and Brazil (US$371k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Extracts, Essences and Concentrates of Coffee and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Extracts, Essences and Concentrates of Coffee. 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- 3.27%, Mexican share in global exports - 2022
- 1.17%, Mexican share in global imports - 2022
The visualizations show the global market for Extracts, Essences and Concentrates of Coffee. 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 Extracts, Essences and Concentrates of Coffee were Germany (US$723M), Brazil (US$675M), and Spain (US$478M). In the same year, the main importing countries for Extracts, Essences and Concentrates of Coffee were United States (US$686M), Germany (US$401M), and United Kingdom (US$349M).