Live Plants and Floricultural Products
Code 06 (Harmonized System 2012 by 2 digits)
2023: US$313M, Total Trade Exchange
2023: US$123M, International Sales
2023: US$189M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Live Plants and Floricultural Products was US$313M.
In 2023, the states with the most international sales in Live Plants and Floricultural Products were Estado de México (US$34M), Baja California (US$29.6M), Morelos (US$24.5M), Jalisco (US$11.7M), and Guanajuato (US$7.87M).
The states with the most international purchases in 2023 were Baja California (US$49.8M), Estado de México (US$44.1M), Jalisco (US$27.8M), Ciudad de México (US$20.5M), and Michoacán de Ocampo (US$10.7M).
In 2023, the main commercial destinations of Live Plants and Floricultural Products were United States (US$93.8M), Netherlands (US$14M), Canada (US$7.36M), Peru (US$3.75M), and China (US$762k).
The main commercial origins of Live Plants and Floricultural Products in 2023 were United States (US$114M), Netherlands (US$48.5M), Chile (US$10.7M), Germany (US$3.14M), and Spain (US$2.84M).
In the global context, the main exporting countries of Live Plants and Floricultural Products in 2022 were Netherlands (US$10.1B), Colombia (US$1.44B), and Ecuador (US$1.14B). In the same year, the main importing countries of Live Plants and Floricultural Products were Germany (US$3.33B), United States (US$3.29B), and Netherlands (US$2.32B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$313M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Live Plants and Floricultural Products in Mexico (including international purchases and sales) was US$313M.
The visualizations show the net balance of Live Plants and Floricultural Products 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$10.7M, International Sales
- US$11M, International Purchases
In July 2024, international sales of Live Plants and Floricultural Products were US$10.7M and a total of US$11M in international purchases. For this month the net trade balance of Live Plants and Floricultural Products it was of -US$301k.
Market Concentration
#permalink to section2024-Q3: US$9.76M, International Sales
The visualization shows the quarterly concentration of international sales of Live Plants and Floricultural Products at state level.
In the third quarter of 2024, international sales were US$9.76M, being the states with the most sales Morelos (US$2.86M), Guanajuato (US$2.51M), and Estado de México (US$1.73M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$34M, State with the Most International Sales (2023)
United States: US$93.8M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Live Plants and Floricultural Products were Estado de México (US$34M), Baja California (US$29.6M), Morelos (US$24.5M), Jalisco (US$11.7M), and Guanajuato (US$7.87M).
In 2023, the countries with the most international purchases from Mexico were United States (US$93.8M), Netherlands (US$14M), Canada (US$7.36M), Peru (US$3.75M), and China (US$762k).
International Purchases
#permalink to sectionBaja California: US$49.8M, State with the Most International Purchases (2023)
United States: US$114M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Live Plants and Floricultural Products were Baja California (US$49.8M), Estado de México (US$44.1M), Jalisco (US$27.8M), Ciudad de México (US$20.5M), and Michoacán de Ocampo (US$10.7M).
The countries with the most international sales to Mexico in 2023 were United States (US$114M), Netherlands (US$48.5M), Chile (US$10.7M), Germany (US$3.14M), and Spain (US$2.84M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Live Plants and Floricultural Products and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Live Plants and Floricultural Products. 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- 0.61%, Mexican share in global exports - 2022
- 0.68%, Mexican share in global imports - 2022
The visualizations show the global market for Live Plants and Floricultural Products. 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 Plants and Floricultural Products were Netherlands (US$10.1B), Colombia (US$1.44B), and Ecuador (US$1.14B). In the same year, the main importing countries for Live Plants and Floricultural Products were Germany (US$3.33B), United States (US$3.29B), and Netherlands (US$2.32B).