Meat of Bovine Animals, Frozen
Código 0202 (Harmonized System 2012 by 4 digits)
2023: US$397M, Total Trade Exchange
2023: US$267M, International Sales
2023: US$130M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Meat of Bovine Animals, Frozen was US$397M.
In 2023, the states with the most international sales in Meat of Bovine Animals, Frozen were Sinaloa (US$127M), Chihuahua (US$60.7M), Nuevo León (US$14.9M), Veracruz de Ignacio de la Llave (US$10.7M), and Baja California (US$773k).
The states with the most international purchases in 2023 were Nuevo León (US$32.5M), Ciudad de México (US$29M), Sinaloa (US$22.2M), Estado de México (US$9.5M), and Tamaulipas (US$7.79M).
In 2023, the main commercial destinations of Meat of Bovine Animals, Frozen were United States (US$96.5M), Japan (US$80.3M), South Korea (US$15.7M), Hong Kong (US$14.3M), and Canada (US$3.96M).
The main commercial origins of Meat of Bovine Animals, Frozen in 2023 were United States (US$76.4M), Brazil (US$18.2M), Nicaragua (US$13.9M), Australia (US$6.01M), and Canada (US$5.82M).
In the global context, the main exporting countries of Meat of Bovine Animals, Frozen in 2022 were Brazil (US$10.9B), United States (US$5.55B), and Australia (US$4.48B). In the same year, the main importing countries of Meat of Bovine Animals, Frozen were China (US$16.6B), United States (US$2.93B), and South Korea (US$2.83B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$397M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Meat of Bovine Animals, Frozen in Mexico (including international purchases and sales) was US$397M.
The visualizations show the net balance of Meat of Bovine Animals, Frozen 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$32.2M, International Purchases
- US$19M, International Sales
In July 2024, international sales of Meat of Bovine Animals, Frozen were US$19M, while international purchases reached US$32.2M. The above results in a trade balance of -US$13.1M.
Market Concentration
#permalink to section2024-Q3: US$12.8M, International Sales
The visualization shows the quarterly concentration of international sales of Meat of Bovine Animals, Frozen at state level.
In the third quarter of 2024, international sales were US$12.8M, being the states with the most sales Sinaloa (US$10.2M), Chihuahua (US$1.82M), and Veracruz de Ignacio de la Llave (US$751k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSinaloa: US$127M, State with the Most International Sales (2023)
United States: US$96.5M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Meat of Bovine Animals, Frozen were Sinaloa (US$127M), Chihuahua (US$60.7M), Nuevo León (US$14.9M), Veracruz de Ignacio de la Llave (US$10.7M), and Baja California (US$773k).
In 2023, the countries with the most international purchases from Mexico were United States (US$96.5M), Japan (US$80.3M), South Korea (US$15.7M), Hong Kong (US$14.3M), and Canada (US$3.96M).
International Purchases
#permalink to sectionNuevo León: US$32.5M, State with the Most International Purchases (2023)
United States: US$76.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Meat of Bovine Animals, Frozen were Nuevo León (US$32.5M), Ciudad de México (US$29M), Sinaloa (US$22.2M), Estado de México (US$9.5M), and Tamaulipas (US$7.79M).
The countries with the most international sales to Mexico in 2023 were United States (US$76.4M), Brazil (US$18.2M), Nicaragua (US$13.9M), Australia (US$6.01M), and Canada (US$5.82M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Meat of Bovine Animals, Frozen and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Meat of Bovine Animals, Frozen. 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- 0.9%, Mexican share in global exports - 2022
- 0.17%, Mexican share in global imports - 2022
The visualizations show the global market for Meat of Bovine Animals, Frozen. 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 of Bovine Animals, Frozen were Brazil (US$10.9B), United States (US$5.55B), and Australia (US$4.48B). In the same year, the main importing countries for Meat of Bovine Animals, Frozen were China (US$16.6B), United States (US$2.93B), and South Korea (US$2.83B).