Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil)
Código 150110 (Harmonized System 2012 by 6 digits)
2023: US$31.7M, Total Trade Exchange
2023: US$4.66M, International Sales
2023: US$27M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) was US$31.7M.
In 2021, the states with the most international sales in Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) were Sonora (US$4.26M).
The states with the most international purchases in 2023 were Baja California (US$13.5M), Chihuahua (US$5.43M), Ciudad de México (US$3.63M), and Sonora (US$1.8M).
In 2021, the main commercial destinations of Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) were China (US$3.78M), United States (US$449k), Japan (US$22.1k), and Singapore (US$4.84k).
The main commercial origins of Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) in 2023 were United States (US$23.2M) and Canada (US$1.13M).
In the global context, the main exporting countries of Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) in 2022 were Germany (US$47.4M), Italy (US$45.8M), and France (US$35.8M). In the same year, the main importing countries of Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) were Netherlands (US$68.3M), Spain (US$36.2M), and Germany (US$21M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$31.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) in Mexico (including international purchases and sales) was US$31.7M.
The visualizations show the net balance of Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) 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$902k, International Purchases
In July 2024, international sales of Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) were US$0, while international purchases reached US$902k. The above results in a trade balance of -US$902k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSonora: US$4.26M, State with the Most International Sales (2021)
China: US$3.78M, Main commercial destination (2021)
In 2021, the states with the highest international sales in Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) were Sonora (US$4.26M).
In 2021, the countries with the most international purchases from Mexico were China (US$3.78M), United States (US$449k), Japan (US$22.1k), and Singapore (US$4.84k).
International Purchases
#permalink to sectionBaja California: US$13.5M, State with the Most International Purchases (2023)
United States: US$23.2M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) were Baja California (US$13.5M), Chihuahua (US$5.43M), Ciudad de México (US$3.63M), and Sonora (US$1.8M).
The countries with the most international sales to Mexico in 2023 were United States (US$23.2M) and Canada (US$1.13M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil). 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- 1.23%, Mexican share in global exports - 2022
- 3.37%, Mexican share in global imports - 2022
The visualizations show the global market for Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil). 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 Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) were Germany (US$47.4M), Italy (US$45.8M), and France (US$35.8M). In the same year, the main importing countries for Lard, not Rendered or otherwise Extracted (Exc. Solar Stearin and Lard Oil) were Netherlands (US$68.3M), Spain (US$36.2M), and Germany (US$21M).