ProceduresGovernment

Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw)

Código 151519 (Harmonized System 2012 by 6 digits)

 2023: US$3.73M, Total Trade Exchange

2023: US$12.2k, International Sales

  2023: US$3.72M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) was US$3.73M.

In 2019, the states with the most international sales in Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) were Jalisco (US$6.09k).

The states with the most international purchases in 2023 were Ciudad de México (US$1.09M), Nuevo León (US$592k), Jalisco (US$442k), Baja California (US$30.3k), and Estado de México (US$5.57k).

In 2019, the main commercial destinations of Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) were Colombia (US$3.64k), Guatemala (US$2.06k), and Chile (US$382).

The main commercial origins of Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) in 2023 were Belgium (US$1.45M), United States (US$650k), China (US$34.4k), Spain (US$20.5k), and Brazil (US$4.8k).

In the global context, the main exporting countries of Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) in 2022 were Belgium (US$78.7M), United Kingdom (US$27.8M), and Turkey (US$16M). In the same year, the main importing countries of Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) were Germany (US$31.1M), United States (US$27.5M), and Ireland (US$27.3M).

Trade Balance of Mexico

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Net Trade Balance

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US$3.73M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) in Mexico (including international purchases and sales) was US$3.73M.

The visualizations show the net balance of Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) 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

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July, 2024: US$317k, International Purchases

In July 2024, international sales of Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) were US$0, while international purchases reached US$317k. The above results in a trade balance of -US$317k.

Exchange by Territory

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International Sales

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Jalisco: US$6.09k, State with the Most International Sales (2019)

Colombia: US$3.64k, Main commercial destination (2019)

In 2019, the states with the highest international sales in Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) were Jalisco (US$6.09k).

In 2019, the countries with the most international purchases from Mexico were Colombia (US$3.64k), Guatemala (US$2.06k), and Chile (US$382).

International Purchases

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Ciudad de México: US$1.09M, State with the Most International Purchases (2023)

Belgium: US$1.45M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) were Ciudad de México (US$1.09M), Nuevo León (US$592k), Jalisco (US$442k), Baja California (US$30.3k), and Estado de México (US$5.57k).

The countries with the most international sales to Mexico in 2023 were Belgium (US$1.45M), United States (US$650k), China (US$34.4k), Spain (US$20.5k), and Brazil (US$4.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw). 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.

Origins and Trade Destinations

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  • 0.0084%, Mexican share in global exports - 2022
  • 2.06%, Mexican share in global imports - 2022

The visualizations show the global market for Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw). 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 Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) were Belgium (US$78.7M), United Kingdom (US$27.8M), and Turkey (US$16M). In the same year, the main importing countries for Linseed Oil "Flaxseed" and its Fractions, Incl. Refined, not Chemically Modified (Excl. Flax Oil "Flaxseed" Raw) were Germany (US$31.1M), United States (US$27.5M), and Ireland (US$27.3M).