Groats, Semolina and "Pellets" Cereal
Código 1103 (Harmonized System 2012 by 4 digits)
2023: US$77.8M, Total Trade Exchange
2023: US$44M, International Sales
2023: US$33.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Groats, Semolina and "Pellets" Cereal was US$77.8M.
In 2023, the main commercial destinations of Groats, Semolina and "Pellets" Cereal were United States (US$16M), Panama (US$2.87M), Guatemala (US$2.41M), Philippines (US$2.23M), and Guyana (US$1.4M).
The main commercial origins of Groats, Semolina and "Pellets" Cereal in 2023 were United States (US$29.8M), Italy (US$104k), Canada (US$33.3k), Guatemala (US$17.8k), and Greece (US$421).
In the global context, the main exporting countries of Groats, Semolina and "Pellets" Cereal in 2022 were N/A. In the same year, the main importing countries of Groats, Semolina and "Pellets" Cereal were United States (US$256M), Malaysia (US$141M), and Germany (US$73.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$77.8M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Groats, Semolina and "Pellets" Cereal in Mexico (including international purchases and sales) was US$77.8M.
The visualizations show the net balance of Groats, Semolina and "Pellets" Cereal 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 sectionNovember, 2024
- US$2.76M, International Purchases
- US$2.46M, International Sales
In November 2024, international sales of Groats, Semolina and "Pellets" Cereal were US$2.46M, while international purchases reached US$2.76M. The above results in a trade balance of -US$302k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionUnited States: US$16M, Main commercial destination (2023)
In 2023, the countries with the most international purchases from Mexico were United States (US$16M), Panama (US$2.87M), Guatemala (US$2.41M), Philippines (US$2.23M), and Guyana (US$1.4M).
International Purchases
#permalink to sectionUnited States: US$29.8M, Main Commercial Origin (2023)
The countries with the most international sales to Mexico in 2023 were United States (US$29.8M), Italy (US$104k), Canada (US$33.3k), Guatemala (US$17.8k), and Greece (US$421).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Groats, Semolina and "Pellets" Cereal and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Groats, Semolina and "Pellets" Cereal. 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- 2.67%, Mexican share in global exports - 2022
- 1.82%, Mexican share in global imports - 2022
The visualizations show the global market for Groats, Semolina and "Pellets" Cereal. 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 Groats, Semolina and "Pellets" Cereal were N/A. In the same year, the main importing countries for Groats, Semolina and "Pellets" Cereal were United States (US$256M), Malaysia (US$141M), and Germany (US$73.8M).