Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices
Código 0910 (Harmonized System 2012 by 4 digits)
2023: US$19.3M, Total Trade Exchange
2023: US$14.2M, International Sales
2023: US$5.13M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices was US$19.3M.
In 2023, the states with the most international sales in Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices were Baja California (US$5.51M), Nuevo León (US$2.19M), Puebla (US$1.58M), Morelos (US$1.3M), and Guanajuato (US$768k).
The states with the most international purchases in 2023 were Ciudad de México (US$2.09M), Estado de México (US$882k), Jalisco (US$697k), Nuevo León (US$455k), and Querétaro (US$425k).
In 2023, the main commercial destinations of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices were United States (US$12M), Canada (US$966k), El Salvador (US$49.6k), Colombia (US$24.6k), and Russia (US$22.9k).
The main commercial origins of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices in 2023 were India (US$1.77M), United States (US$613k), Peru (US$585k), Egypt (US$490k), and Turkey (US$453k).
In the global context, the main exporting countries of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices in 2022 were China (US$571M), India (US$552M), and Netherlands (US$184M). In the same year, the main importing countries of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices were United States (US$398M), Germany (US$207M), and Netherlands (US$175M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$19.3M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices in Mexico (including international purchases and sales) was US$19.3M.
The visualizations show the net balance of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices 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$713k, International Purchases
- US$1.24M, International Sales
In July 2024, international sales of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices were US$1.24M, while international purchases reached US$713k. The above results in a trade balance of US$528k.
Market Concentration
#permalink to section2024-Q3: US$110k, International Sales
The visualization shows the quarterly concentration of international sales of Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices at state level.
In the third quarter of 2024, international sales were US$110k, being the states with the most sales Puebla (US$58.9k), Ciudad de México (US$41.9k), and Jalisco (US$9.53k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$5.51M, State with the Most International Sales (2023)
United States: US$12M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices were Baja California (US$5.51M), Nuevo León (US$2.19M), Puebla (US$1.58M), Morelos (US$1.3M), and Guanajuato (US$768k).
In 2023, the countries with the most international purchases from Mexico were United States (US$12M), Canada (US$966k), El Salvador (US$49.6k), Colombia (US$24.6k), and Russia (US$22.9k).
International Purchases
#permalink to sectionCiudad de México: US$2.09M, State with the Most International Purchases (2023)
India: US$1.77M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices were Ciudad de México (US$2.09M), Estado de México (US$882k), Jalisco (US$697k), Nuevo León (US$455k), and Querétaro (US$425k).
The countries with the most international sales to Mexico in 2023 were India (US$1.77M), United States (US$613k), Peru (US$585k), Egypt (US$490k), and Turkey (US$453k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices. 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- 0.51%, Mexican share in global exports - 2022
- 0.2%, Mexican share in global imports - 2022
The visualizations show the global market for Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices. 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 Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices were China (US$571M), India (US$552M), and Netherlands (US$184M). In the same year, the main importing countries for Ginger, Saffron, Turmeric, Thyme, Bay Leaves, Curry and other Spices were United States (US$398M), Germany (US$207M), and Netherlands (US$175M).