Natural Honey
Código 040900 (Harmonized System 2012 by 6 digits)
2023: US$65M, Total Trade Exchange
2023: US$65M, International Sales
2023: US$47.1k, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Natural Honey was US$65M.
In 2023, the states with the most international sales in Natural Honey were Yucatán (US$21.3M), Ciudad de México (US$10.4M), Estado de México (US$5.41M), Jalisco (US$3.12M), and Nuevo León (US$1.9M).
The states with the most international purchases in 2018 were Ciudad de México (US$21.8k).
In 2023, the main commercial destinations of Natural Honey were Germany (US$13.4M), United States (US$11.3M), United Kingdom (US$4.9M), Switzerland (US$3.33M), and Netherlands (US$2.92M).
The main commercial origins of Natural Honey in 2018 were France (US$14.5k), Hungary (US$7.34k), and Spain (US$6).
In the global context, the main exporting countries of Natural Honey in 2022 were New Zealand (US$282M), China (US$260M), and Argentina (US$254M). In the same year, the main importing countries of Natural Honey were United States (US$761M), Germany (US$314M), and Japan (US$164M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$65M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Natural Honey in Mexico (including international purchases and sales) was US$65M.
The visualizations show the net balance of Natural Honey 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$10.3M, International Sales
In July 2024, international sales of Natural Honey were US$10.3M, while international purchases reached US$0. The above results in a trade balance of US$10.3M.
Market Concentration
#permalink to section2024-Q3: US$9.29M, International Sales
The visualization shows the quarterly concentration of international sales of Natural Honey at state level.
In the third quarter of 2024, international sales were US$9.29M, being the states with the most sales Yucatán (US$3.46M), Ciudad de México (US$2.31M), and Estado de México (US$1.8M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionYucatán: US$21.3M, State with the Most International Sales (2023)
Germany: US$13.4M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Natural Honey were Yucatán (US$21.3M), Ciudad de México (US$10.4M), Estado de México (US$5.41M), Jalisco (US$3.12M), and Nuevo León (US$1.9M).
In 2023, the countries with the most international purchases from Mexico were Germany (US$13.4M), United States (US$11.3M), United Kingdom (US$4.9M), Switzerland (US$3.33M), and Netherlands (US$2.92M).
International Purchases
#permalink to sectionCiudad de México: US$21.8k, State with the Most International Purchases (2018)
France: US$14.5k, Main Commercial Origin (2018)
In 2018, the states with the highest international in Natural Honey were Ciudad de México (US$21.8k).
The countries with the most international sales to Mexico in 2018 were France (US$14.5k), Hungary (US$7.34k), and Spain (US$6).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Natural Honey and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Natural Honey. 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- 4.86%, Mexican share in global exports - 2022
- 0.0016%, Mexican share in global imports - 2022
The visualizations show the global market for Natural Honey. 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 Natural Honey were New Zealand (US$282M), China (US$260M), and Argentina (US$254M). In the same year, the main importing countries for Natural Honey were United States (US$761M), Germany (US$314M), and Japan (US$164M).