Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude)
Código 150890 (Harmonized System 2012 by 6 digits)
2019: US$283k, International Sales
2023: US$312k, International Purchases
The states with the most international purchases in 2023 were Baja California (US$284k), Ciudad de México (US$18.9k), and Estado de México (US$6.75k).
The main commercial origins of Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) in 2023 were United States (US$301k), China (US$3.72k), Hong Kong (US$2.64k), France (US$1.25k), and Taiwan (Republic of China) (US$500).
In the global context, the main exporting countries of Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) in 2022 were Brazil (US$27.7M), China (US$26.8M), and Belgium (US$25.9M). In the same year, the main importing countries of Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) were China (US$28.5M), Hong Kong (US$24.6M), and United Kingdom (US$12M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) 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$27.6k, International Purchases
In July 2024, international sales of Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) were US$0, while international purchases reached US$27.6k. The above results in a trade balance of -US$27.6k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionBaja California: US$284k, State with the Most International Purchases (2023)
United States: US$301k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) were Baja California (US$284k), Ciudad de México (US$18.9k), and Estado de México (US$6.75k).
The countries with the most international sales to Mexico in 2023 were United States (US$301k), China (US$3.72k), Hong Kong (US$2.64k), France (US$1.25k), and Taiwan (Republic of China) (US$500).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude). 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- 0.2%, Mexican share in global exports - 2022
- 0.062%, Mexican share in global imports - 2022
The visualizations show the global market for Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude). 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 Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) were Brazil (US$27.7M), China (US$26.8M), and Belgium (US$25.9M). In the same year, the main importing countries for Groundnut Oil "Nut Oil" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude) were China (US$28.5M), Hong Kong (US$24.6M), and United Kingdom (US$12M).