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Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey)

Código 040590 (Harmonized System 2012 by 6 digits)

 2023: US$290M, Total Trade Exchange

2023: US$43.7M, International Sales

  2023: US$246M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) was US$290M.

In 2022, the states with the most international sales in Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) were Ciudad de México (US$1.42M) and Estado de México (US$338k).

The states with the most international purchases in 2023 were Ciudad de México (US$48.9M), Guanajuato (US$25.9M), Jalisco (US$24.9M), Estado de México (US$11.1M), and Nuevo León (US$2.32M).

In 2022, the main commercial destinations of Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) were United States (US$1.34M), Costa Rica (US$338k), Japan (US$111), and Chile (US$88).

The main commercial origins of Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) in 2023 were New Zealand (US$105M), United States (US$3.89M), Netherlands (US$1.55M), Argentina (US$1.48M), and Australia (US$1.18M).

In the global context, the main exporting countries of Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) in 2022 were New Zealand (US$1.23B), Netherlands (US$525M), and Belgium (US$215M). In the same year, the main importing countries of Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) were Italy (US$279M), China (US$264M), and France (US$251M).

Trade Balance of Mexico

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Net Trade Balance

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US$290M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) in Mexico (including international purchases and sales) was US$290M.

The visualizations show the net balance of Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) 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$10.9M, International Purchases
  • US$5.63M, International Sales

In July 2024, international sales of Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) were US$5.63M, while international purchases reached US$10.9M. The above results in a trade balance of -US$5.25M.

Exchange by Territory

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International Sales

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Ciudad de México: US$1.42M, State with the Most International Sales (2022)

United States: US$1.34M, Main commercial destination (2022)

In 2022, the states with the highest international sales in Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) were Ciudad de México (US$1.42M) and Estado de México (US$338k).

In 2022, the countries with the most international purchases from Mexico were United States (US$1.34M), Costa Rica (US$338k), Japan (US$111), and Chile (US$88).

International Purchases

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Ciudad de México: US$48.9M, State with the Most International Purchases (2023)

New Zealand: US$105M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) were Ciudad de México (US$48.9M), Guanajuato (US$25.9M), Jalisco (US$24.9M), Estado de México (US$11.1M), and Nuevo León (US$2.32M).

The countries with the most international sales to Mexico in 2023 were New Zealand (US$105M), United States (US$3.89M), Netherlands (US$1.55M), Argentina (US$1.48M), and Australia (US$1.18M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey). 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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  • 0.47%, Mexican share in global exports - 2022
  • 5.33%, Mexican share in global imports - 2022

The visualizations show the global market for Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey). 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 Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) were New Zealand (US$1.23B), Netherlands (US$525M), and Belgium (US$215M). In the same year, the main importing countries for Fats Milk, and Butter "Manteca" Dehydrated and "Ghee" (Exc. Butter "Manteca" Natural, Recombined and Whey) were Italy (US$279M), China (US$264M), and France (US$251M).