ProceduresGovernment

Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils)

Código 150420 (Harmonized System 2012 by 6 digits)

 2023: US$269M, Total Trade Exchange

2023: US$242M, International Sales

  2023: US$26.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) was US$269M.

In 2023, the states with the most international sales in Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) were Sonora (US$94.5M).

The states with the most international purchases in 2023 were Jalisco (US$20M), Ciudad de México (US$2.3M), Nuevo León (US$613k), Guanajuato (US$569k), and Estado de México (US$329k).

In 2023, the main commercial destinations of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) were Germany (US$53M), Canada (US$19.7M), France (US$17.6M), United States (US$2.92M), and Chile (US$930k).

The main commercial origins of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) in 2023 were Brazil (US$4.71M), Japan (US$4.6M), Chile (US$3.74M), United States (US$3.45M), and China (US$1.99M).

In the global context, the main exporting countries of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) in 2022 were Peru (US$581M), Norway (US$259M), and Chile (US$257M). In the same year, the main importing countries of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) were Norway (US$549M), China (US$253M), and Denmark (US$232M).

Trade Balance of Mexico

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Net Trade Balance

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US$269M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) in Mexico (including international purchases and sales) was US$269M.

The visualizations show the net balance of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) 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$847k, International Purchases
  • US$34.5M, International Sales

In July 2024, international sales of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) were US$34.5M, while international purchases reached US$847k. The above results in a trade balance of US$33.7M.

Market Concentration

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2024-Q3: US$25.8M, International Sales

The visualization shows the quarterly concentration of international sales of Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) at state level.

In the third quarter of 2024, international sales were US$25.8M, being the states with the most sales Sonora (US$25.8M).

Exchange by Territory

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International Sales

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Sonora: US$94.5M, State with the Most International Sales (2023)

Germany: US$53M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) were Sonora (US$94.5M).

In 2023, the countries with the most international purchases from Mexico were Germany (US$53M), Canada (US$19.7M), France (US$17.6M), United States (US$2.92M), and Chile (US$930k).

International Purchases

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Jalisco: US$20M, State with the Most International Purchases (2023)

Brazil: US$4.71M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) were Jalisco (US$20M), Ciudad de México (US$2.3M), Nuevo León (US$613k), Guanajuato (US$569k), and Estado de México (US$329k).

The countries with the most international sales to Mexico in 2023 were Brazil (US$4.71M), Japan (US$4.6M), Chile (US$3.74M), United States (US$3.45M), and China (US$1.99M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils). 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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  • 3.23%, Mexican share in global exports - 2022
  • 0.49%, Mexican share in global imports - 2022

The visualizations show the global market for Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils). 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 Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) were Peru (US$581M), Norway (US$259M), and Chile (US$257M). In the same year, the main importing countries for Fish Fats and Oils and their Fractions, Incl. Refined, not Chemically Modified (Excl. Fish Liver Oils) were Norway (US$549M), China (US$253M), and Denmark (US$232M).