Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03
Código 1502 (Harmonized System 2012 by 4 digits)
2023: US$164M, Total Trade Exchange
2023: US$22.7M, International Sales
2023: US$142M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 was US$164M.
In 2017, the states with the most international sales in Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 were Veracruz de Ignacio de la Llave (US$55.7k).
The states with the most international purchases in 2023 were Estado de México (US$50.4M), Ciudad de México (US$33.8M), and Chihuahua (US$1.31M).
In 2017, the main commercial destinations of Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 were Japan (US$55.7k).
The main commercial origins of Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 in 2023 were United States (US$76.6M), Uruguay (US$7.61M), and Canada (US$1.26M).
In the global context, the main exporting countries of Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 in 2022 were United States (US$503M), Canada (US$449M), and Australia (US$420M). In the same year, the main importing countries of Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 were United States (US$953M), Singapore (US$561M), and Malaysia (US$226M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$164M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 in Mexico (including international purchases and sales) was US$164M.
The visualizations show the net balance of Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 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$6.37M, International Purchases
In July 2024, international sales of Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 were US$0, while international purchases reached US$6.37M. The above results in a trade balance of -US$6.37M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$55.7k, State with the Most International Sales (2017)
Japan: US$55.7k, Main commercial destination (2017)
In 2017, the states with the highest international sales in Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 were Veracruz de Ignacio de la Llave (US$55.7k).
In 2017, the countries with the most international purchases from Mexico were Japan (US$55.7k).
International Purchases
#permalink to sectionEstado de México: US$50.4M, State with the Most International Purchases (2023)
United States: US$76.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 were Estado de México (US$50.4M), Ciudad de México (US$33.8M), and Chihuahua (US$1.31M).
The countries with the most international sales to Mexico in 2023 were United States (US$76.6M), Uruguay (US$7.61M), and Canada (US$1.26M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03. 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- 0.088%, Mexican share in global exports - 2022
- 3.06%, Mexican share in global imports - 2022
The visualizations show the global market for Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03. 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 of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 were United States (US$503M), Canada (US$449M), and Australia (US$420M). In the same year, the main importing countries for Fats of Bovine Animals, Sheep or Goats, other than those of Heading 15.03 were United States (US$953M), Singapore (US$561M), and Malaysia (US$226M).