ProceduresGovernment

Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat"

Código 030353 (Harmonized System 2012 by 6 digits)

 2023: US$25.2M, Total Trade Exchange

2023: US$24.6M, International Sales

  2023: US$590k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" was US$25.2M.

In 2023, the states with the most international sales in Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" were Baja California (US$14.4M) and Baja California Sur (US$9.5M).

The states with the most international purchases in 2022 were Ciudad de México (US$47.5k) and Quintana Roo (US$9.3k).

In 2023, the main commercial destinations of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" were Malaysia (US$5.7M), Thailand (US$4.41M), United States (US$4.03M), South Korea (US$3.86M), and Japan (US$1.79M).

The main commercial origins of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" in 2022 were Spain (US$47.5k), United States (US$7.5k), Portugal (US$1.79k), and Estonia (US$11).

In the global context, the main exporting countries of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" in 2022 were Morocco (US$236M), Japan (US$92.6M), and Russia (US$76M). In the same year, the main importing countries of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" were South Africa (US$115M), Thailand (US$95.4M), and Brazil (US$78.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$25.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" in Mexico (including international purchases and sales) was US$25.2M.

The visualizations show the net balance of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" 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$1.65M, International Sales

In July 2024, international sales of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" were US$1.65M, while international purchases reached US$0. The above results in a trade balance of US$1.65M.

Market Concentration

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2024-Q3: US$1.65M, International Sales

The visualization shows the quarterly concentration of international sales of Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" at state level.

In the third quarter of 2024, international sales were US$1.65M, being the states with the most sales Baja California (US$955k) and Baja California Sur (US$691k).

Exchange by Territory

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International Sales

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Baja California: US$14.4M, State with the Most International Sales (2023)

Malaysia: US$5.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" were Baja California (US$14.4M) and Baja California Sur (US$9.5M).

In 2023, the countries with the most international purchases from Mexico were Malaysia (US$5.7M), Thailand (US$4.41M), United States (US$4.03M), South Korea (US$3.86M), and Japan (US$1.79M).

International Purchases

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Ciudad de México: US$47.5k, State with the Most International Purchases (2022)

Spain: US$47.5k, Main Commercial Origin (2022)

In 2022, the states with the highest international in Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" were Ciudad de México (US$47.5k) and Quintana Roo (US$9.3k).

The countries with the most international sales to Mexico in 2022 were Spain (US$47.5k), United States (US$7.5k), Portugal (US$1.79k), and Estonia (US$11).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat"  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat". 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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  • 4.76%, Mexican share in global exports - 2022
  • 0.0064%, Mexican share in global imports - 2022

The visualizations show the global market for Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat". 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 Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" were Morocco (US$236M), Japan (US$92.6M), and Russia (US$76M). In the same year, the main importing countries for Frozen Sardines "Sardina Pilchardus, Sardinops Spp." Alacha "Sardinella Spp." Sprats "European Sprat" were South Africa (US$115M), Thailand (US$95.4M), and Brazil (US$78.1M).