Código 1517 (Harmonized System 2012 by 4 digits)
2023: US$214M, Total Trade Exchange
2023: US$126M, International Sales
2023: US$87.6M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 was US$214M.
In 2023, the states with the most international sales in Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 were Estado de México (US$67.3M), Ciudad de México (US$7.58M), Jalisco (US$6.54M), Nuevo León (US$876k), and Guanajuato (US$567k).
The states with the most international purchases in 2023 were Ciudad de México (US$20.3M), Baja California (US$14.3M), Estado de México (US$12.7M), Chihuahua (US$12.1M), and Nuevo León (US$9.44M).
In the global context, the main exporting countries of Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 in 2022 were Indonesia (US$2.01B), Belgium (US$769M), and Netherlands (US$757M). In the same year, the main importing countries of Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 were China (US$1.37B), France (US$516M), and Netherlands (US$480M).
US$214M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 in Mexico (including international purchases and sales) was US$214M.
The visualizations show the net balance of Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 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.
July, 2024
In July 2024, international sales of Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 were US$11.8M, while international purchases reached US$6.06M. The above results in a trade balance of US$5.77M.
2024-Q3: US$1.41M, International Sales
The visualization shows the quarterly concentration of international sales of Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 at state level.
In the third quarter of 2024, international sales were US$1.41M, being the states with the most sales Nuevo León (US$959k) and Ciudad de México (US$453k).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16. 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.
The visualizations show the global market for Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16. 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 Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 were Indonesia (US$2.01B), Belgium (US$769M), and Netherlands (US$757M). In the same year, the main importing countries for Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 were China (US$1.37B), France (US$516M), and Netherlands (US$480M).