Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine
Código 030759 (Harmonized System 2012 by 6 digits)
2023: US$27.7M, Total Trade Exchange
2023: US$25.5M, International Sales
2023: US$2.15M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine was US$27.7M.
In 2023, the states with the most international sales in Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine were Yucatán (US$19.7M), Sinaloa (US$1.66M), and Sonora (US$1.17M).
The states with the most international purchases in 2023 were Tamaulipas (US$714k).
In 2023, the main commercial destinations of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine were United States (US$11.1M), Italy (US$4.41M), Vietnam (US$2.25M), Japan (US$2.16M), and Colombia (US$1.01M).
The main commercial origins of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine in 2023 were Indonesia (US$376k), Vietnam (US$208k), and Peru (US$130k).
In the global context, the main exporting countries of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine in 2022 were Morocco (US$531M), Spain (US$469M), and Mauritania (US$440M). In the same year, the main importing countries of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine were Spain (US$638M), Italy (US$427M), and South Korea (US$410M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$27.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine in Mexico (including international purchases and sales) was US$27.7M.
The visualizations show the net balance of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine 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 sectionNovember, 2024
- US$915k, International Purchases
- US$1.91M, International Sales
In November 2024, international sales of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine were US$1.91M, while international purchases reached US$915k. The above results in a trade balance of US$1M.
Market Concentration
#permalink to section2024-Q4: US$6.41M, International Sales
The visualization shows the quarterly concentration of international sales of Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine at state level.
In the fourth quarter of 2024, international sales were US$6.41M, being the states with the most sales Yucatán (US$6.26M) and Sinaloa (US$151k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionYucatán: US$19.7M, State with the Most International Sales (2023)
United States: US$11.1M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine were Yucatán (US$19.7M), Sinaloa (US$1.66M), and Sonora (US$1.17M).
In 2023, the countries with the most international purchases from Mexico were United States (US$11.1M), Italy (US$4.41M), Vietnam (US$2.25M), Japan (US$2.16M), and Colombia (US$1.01M).
International Purchases
#permalink to sectionTamaulipas: US$714k, State with the Most International Purchases (2023)
Indonesia: US$376k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine were Tamaulipas (US$714k).
The countries with the most international sales to Mexico in 2023 were Indonesia (US$376k), Vietnam (US$208k), and Peru (US$130k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine. 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- 1.63%, Mexican share in global exports - 2022
- 0.067%, Mexican share in global imports - 2022
The visualizations show the global market for Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine. 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 Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine were Morocco (US$531M), Spain (US$469M), and Mauritania (US$440M). In the same year, the main importing countries for Octopus "Octopus Spp.", Smoked, Frozen, Dried, Salted or in Brine were Spain (US$638M), Italy (US$427M), and South Korea (US$410M).