Live Horses (Except Pure-Bred Breeding)
Código 010129 (Harmonized System 2012 by 6 digits)
2023: US$72.7M, Total Trade Exchange
2023: US$3.98M, International Sales
2023: US$68.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Live Horses (Except Pure-Bred Breeding) was US$72.7M.
In 2023, the states with the most international sales in Live Horses (Except Pure-Bred Breeding) were Chihuahua (US$2.28M) and Sonora (US$81k).
The states with the most international purchases in 2023 were Ciudad de México (US$38.3M), Chihuahua (US$11.3M), Estado de México (US$3.52M), Coahuila de Zaragoza (US$2.5M), and Tamaulipas (US$1.47M).
In 2023, the main commercial destinations of Live Horses (Except Pure-Bred Breeding) were United States (US$2.36M).
The main commercial origins of Live Horses (Except Pure-Bred Breeding) in 2023 were United States (US$22.5M), Germany (US$17.4M), Belgium (US$9.02M), France (US$3.98M), and Netherlands (US$3.09M).
In the global context, the main exporting countries of Live Horses (Except Pure-Bred Breeding) in 2022 were China (US$607M), Hong Kong (US$576M), and Germany (US$331M). In the same year, the main importing countries of Live Horses (Except Pure-Bred Breeding) were Hong Kong (US$692M), China (US$595M), and United States (US$590M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$72.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Live Horses (Except Pure-Bred Breeding) in Mexico (including international purchases and sales) was US$72.7M.
The visualizations show the net balance of Live Horses (Except Pure-Bred Breeding) 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$4.67M, International Purchases
- US$466k, International Sales
In July 2024, international sales of Live Horses (Except Pure-Bred Breeding) were US$466k, while international purchases reached US$4.67M. The above results in a trade balance of -US$4.21M.
Market Concentration
#permalink to section2024-Q3: US$265k, International Sales
The visualization shows the quarterly concentration of international sales of Live Horses (Except Pure-Bred Breeding) at state level.
In the third quarter of 2024, international sales were US$265k, being the states with the most sales Chihuahua (US$255k) and Sonora (US$9.6k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$2.28M, State with the Most International Sales (2023)
United States: US$2.36M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Live Horses (Except Pure-Bred Breeding) were Chihuahua (US$2.28M) and Sonora (US$81k).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.36M).
International Purchases
#permalink to sectionCiudad de México: US$38.3M, State with the Most International Purchases (2023)
United States: US$22.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Live Horses (Except Pure-Bred Breeding) were Ciudad de México (US$38.3M), Chihuahua (US$11.3M), Estado de México (US$3.52M), Coahuila de Zaragoza (US$2.5M), and Tamaulipas (US$1.47M).
The countries with the most international sales to Mexico in 2023 were United States (US$22.5M), Germany (US$17.4M), Belgium (US$9.02M), France (US$3.98M), and Netherlands (US$3.09M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Live Horses (Except Pure-Bred Breeding) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Live Horses (Except Pure-Bred Breeding). 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- 0.29%, Mexican share in global exports - 2022
- 2.24%, Mexican share in global imports - 2022
The visualizations show the global market for Live Horses (Except Pure-Bred Breeding). 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 Live Horses (Except Pure-Bred Breeding) were China (US$607M), Hong Kong (US$576M), and Germany (US$331M). In the same year, the main importing countries for Live Horses (Except Pure-Bred Breeding) were Hong Kong (US$692M), China (US$595M), and United States (US$590M).