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Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude)

Código 151419 (Harmonized System 2012 by 6 digits)

 2023: US$280M, Total Trade Exchange

2023: US$13M, International Sales

  2023: US$267M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) was US$280M.

In 2020, the states with the most international sales in Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) were Nuevo León (US$94.9k).

The states with the most international purchases in 2023 were Ciudad de México (US$125M), Nuevo León (US$16.6M), Estado de México (US$3.29M), Guanajuato (US$2.99M), and Baja California Sur (US$146k).

In 2020, the main commercial destinations of Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) were United States (US$94.9k).

The main commercial origins of Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) in 2023 were Canada (US$118M), United States (US$28.2M), Spain (US$1.57M), Sweden (US$49.7k), and Germany (US$29.8k).

In the global context, the main exporting countries of Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) in 2022 were Canada (US$3.25B), Germany (US$875M), and Belgium (US$324M). In the same year, the main importing countries of Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) were United States (US$3.05B), Netherlands (US$566M), and Mexico (US$255M).

Trade Balance of Mexico

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Net Trade Balance

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US$280M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) in Mexico (including international purchases and sales) was US$280M.

The visualizations show the net balance of Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) 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

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July, 2024

  • US$22.4M, International Purchases
  • US$1.02M, International Sales

In July 2024, international sales of Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) were US$1.02M, while international purchases reached US$22.4M. The above results in a trade balance of -US$21.4M.

Exchange by Territory

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International Sales

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Year

Nuevo León: US$94.9k, State with the Most International Sales (2020)

United States: US$94.9k, Main commercial destination (2020)

In 2020, the states with the highest international sales in Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) were Nuevo León (US$94.9k).

In 2020, the countries with the most international purchases from Mexico were United States (US$94.9k).

International Purchases

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Ciudad de México: US$125M, State with the Most International Purchases (2023)

Canada: US$118M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) were Ciudad de México (US$125M), Nuevo León (US$16.6M), Estado de México (US$3.29M), Guanajuato (US$2.99M), and Baja California Sur (US$146k).

The countries with the most international sales to Mexico in 2023 were Canada (US$118M), United States (US$28.2M), Spain (US$1.57M), Sweden (US$49.7k), and Germany (US$29.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude). 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.

Origins and Trade Destinations

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  • 0.13%, Mexican share in global exports - 2022
  • 4.15%, Mexican share in global imports - 2022

The visualizations show the global market for Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude). 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 Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) were Canada (US$3.25B), Germany (US$875M), and Belgium (US$324M). In the same year, the main importing countries for Nabo Oils "Nabina" O Rapeseed Low Erucic Acid Refinados "Fixed Oil Containing Erucic Acid <2% by Weight" and its Fractions, Incl., but not Chemically Modified (Excl. Crude) were United States (US$3.05B), Netherlands (US$566M), and Mexico (US$255M).