ProceduresGovernment

Octopus, Prepared or Preserved (Unsmoked)

Código 160555 (Harmonized System 2012 by 6 digits)

 2023: US$2.36M, Total Trade Exchange

2023: US$1.83M, International Sales

  2023: US$532k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Octopus, Prepared or Preserved (Unsmoked) was US$2.36M.

The states with the most international purchases in 2023 were Ciudad de México (US$173k).

The main commercial origins of Octopus, Prepared or Preserved (Unsmoked) in 2023 were Spain (US$152k), Japan (US$8.76k), China (US$8.2k), France (US$3.56k), and Morocco (US$386).

In the global context, the main exporting countries of Octopus, Prepared or Preserved (Unsmoked) in 2022 were China (US$136M), Spain (US$62.7M), and Vietnam (US$57.5M). In the same year, the main importing countries of Octopus, Prepared or Preserved (Unsmoked) were Japan (US$94.6M), United States (US$48.3M), and South Korea (US$40.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$2.36M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Octopus, Prepared or Preserved (Unsmoked) in Mexico (including international purchases and sales) was US$2.36M.

The visualizations show the net balance of Octopus, Prepared or Preserved (Unsmoked) 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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November, 2024: US$431k, International Purchases

In November 2024, international sales of Octopus, Prepared or Preserved (Unsmoked) were US$0, while international purchases reached US$431k. The above results in a trade balance of -US$431k.

Exchange by Territory

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International Purchases

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Ciudad de México: US$173k, State with the Most International Purchases (2023)

Spain: US$152k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Octopus, Prepared or Preserved (Unsmoked) were Ciudad de México (US$173k).

The countries with the most international sales to Mexico in 2023 were Spain (US$152k), Japan (US$8.76k), China (US$8.2k), France (US$3.56k), and Morocco (US$386).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Octopus, Prepared or Preserved (Unsmoked)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Octopus, Prepared or Preserved (Unsmoked). 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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  • 0.44%, Mexican share in global exports - 2022
  • 0.08%, Mexican share in global imports - 2022

The visualizations show the global market for Octopus, Prepared or Preserved (Unsmoked). 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, Prepared or Preserved (Unsmoked) were China (US$136M), Spain (US$62.7M), and Vietnam (US$57.5M). In the same year, the main importing countries for Octopus, Prepared or Preserved (Unsmoked) were Japan (US$94.6M), United States (US$48.3M), and South Korea (US$40.6M).