Hop Cones, Ground, Powdered or in "Pellets"; Lupulin
Código 121020 (Harmonized System 2012 by 6 digits)
2023: US$14.9M, International Purchases
The states with the most international purchases in 2023 were Ciudad de México (US$3.19M), Nuevo León (US$754k), and Baja California (US$547k).
The main commercial origins of Hop Cones, Ground, Powdered or in "Pellets"; Lupulin in 2023 were Germany (US$3.02M), United States (US$1.11M), Slovenia (US$247k), Czech Republic (US$56.2k), and New Zealand (US$48k).
In the global context, the main exporting countries of Hop Cones, Ground, Powdered or in "Pellets"; Lupulin in 2022 were Germany (US$279M), United States (US$279M), and Czech Republic (US$53.3M). In the same year, the main importing countries of Hop Cones, Ground, Powdered or in "Pellets"; Lupulin were United States (US$62.5M), Belgium (US$55.1M), and Germany (US$54.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Hop Cones, Ground, Powdered or in "Pellets"; Lupulin 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$1.15M, International Purchases
In July 2024, international sales of Hop Cones, Ground, Powdered or in "Pellets"; Lupulin were US$0, while international purchases reached US$1.15M. The above results in a trade balance of -US$1.15M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$3.19M, State with the Most International Purchases (2023)
Germany: US$3.02M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Hop Cones, Ground, Powdered or in "Pellets"; Lupulin were Ciudad de México (US$3.19M), Nuevo León (US$754k), and Baja California (US$547k).
The countries with the most international sales to Mexico in 2023 were Germany (US$3.02M), United States (US$1.11M), Slovenia (US$247k), Czech Republic (US$56.2k), and New Zealand (US$48k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Hop Cones, Ground, Powdered or in "Pellets"; Lupulin and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Hop Cones, Ground, Powdered or in "Pellets"; Lupulin. 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- 0.000004%, Mexican share in global exports - 2022
- 1.62%, Mexican share in global imports - 2022
The visualizations show the global market for Hop Cones, Ground, Powdered or in "Pellets"; Lupulin. 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 Hop Cones, Ground, Powdered or in "Pellets"; Lupulin were Germany (US$279M), United States (US$279M), and Czech Republic (US$53.3M). In the same year, the main importing countries for Hop Cones, Ground, Powdered or in "Pellets"; Lupulin were United States (US$62.5M), Belgium (US$55.1M), and Germany (US$54.2M).