Meat and Edible Offal
Code 02 (Harmonized System 2012 by 2 digits)
2023: US$9.17B, Total Trade Exchange
2023: US$2.92B, International Sales
2023: US$6.25B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Meat and Edible Offal was US$9.17B.
In 2023, the states with the most international sales in Meat and Edible Offal were Sinaloa (US$1.1B), San Luis Potosí (US$521M), Sonora (US$330M), Baja California (US$97.2M), and Chihuahua (US$74.1M).
The states with the most international purchases in 2023 were Nuevo León (US$1.64B), Ciudad de México (US$917M), Sinaloa (US$607M), Tamaulipas (US$507M), and Estado de México (US$458M).
In 2023, the main commercial destinations of Meat and Edible Offal were United States (US$1.93B), Japan (US$431M), Canada (US$94.6M), South Korea (US$56.6M), and Hong Kong (US$17.7M).
The main commercial origins of Meat and Edible Offal in 2023 were United States (US$4.73B), Canada (US$651M), Brazil (US$517M), Nicaragua (US$141M), and Chile (US$106M).
In the global context, the main exporting countries of Meat and Edible Offal in 2022 were Brazil (US$24.2B), United States (US$23.1B), and Australia (US$12B). In the same year, the main importing countries of Meat and Edible Offal were China (US$30.1B), United States (US$12.8B), and Japan (US$10.7B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$9.17B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Meat and Edible Offal in Mexico (including international purchases and sales) was US$9.17B.
The visualizations show the net balance of Meat and Edible Offal 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$276M, International Sales
- US$717M, International Purchases
In July 2024, international sales of Meat and Edible Offal were US$276M and a total of US$717M in international purchases. For this month the net trade balance of Meat and Edible Offal it was of -US$441M.
Market Concentration
#permalink to section2024-Q3: US$154M, International Sales
The visualization shows the quarterly concentration of international sales of Meat and Edible Offal at state level.
In the third quarter of 2024, international sales were US$154M, being the states with the most sales Sinaloa (US$118M), Sonora (US$25.1M), and Veracruz de Ignacio de la Llave (US$5.81M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSinaloa: US$1.1B, State with the Most International Sales (2023)
United States: US$1.93B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Meat and Edible Offal were Sinaloa (US$1.1B), San Luis Potosí (US$521M), Sonora (US$330M), Baja California (US$97.2M), and Chihuahua (US$74.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.93B), Japan (US$431M), Canada (US$94.6M), South Korea (US$56.6M), and Hong Kong (US$17.7M).
International Purchases
#permalink to sectionNuevo León: US$1.64B, State with the Most International Purchases (2023)
United States: US$4.73B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Meat and Edible Offal were Nuevo León (US$1.64B), Ciudad de México (US$917M), Sinaloa (US$607M), Tamaulipas (US$507M), and Estado de México (US$458M).
The countries with the most international sales to Mexico in 2023 were United States (US$4.73B), Canada (US$651M), Brazil (US$517M), Nicaragua (US$141M), and Chile (US$106M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Meat and Edible Offal and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Meat and Edible Offal. 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- 1.86%, Mexican share in global exports - 2022
- 3.26%, Mexican share in global imports - 2022
The visualizations show the global market for Meat and Edible Offal. 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 Meat and Edible Offal were Brazil (US$24.2B), United States (US$23.1B), and Australia (US$12B). In the same year, the main importing countries for Meat and Edible Offal were China (US$30.1B), United States (US$12.8B), and Japan (US$10.7B).