Odoriferous Substances and Mixtures Used in the Food or Drink Industries
Código 330210 (Harmonized System 2012 by 6 digits)
2023: US$2.21B, Total Trade Exchange
2023: US$129M, International Sales
2023: US$2.08B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Odoriferous Substances and Mixtures Used in the Food or Drink Industries was US$2.21B.
In 2023, the states with the most international sales in Odoriferous Substances and Mixtures Used in the Food or Drink Industries were Estado de México (US$35M), Ciudad de México (US$26.8M), Nuevo León (US$14M), Guanajuato (US$6.97M), and Jalisco (US$5.1M).
The states with the most international purchases in 2023 were Ciudad de México (US$1.92B), Estado de México (US$63.5M), Nuevo León (US$22.5M), Jalisco (US$16.4M), and San Luis Potosí (US$9.82M).
In 2023, the main commercial destinations of Odoriferous Substances and Mixtures Used in the Food or Drink Industries were United States (US$18.5M), Uruguay (US$13.6M), Colombia (US$13.3M), Guatemala (US$10.2M), and Costa Rica (US$7.06M).
The main commercial origins of Odoriferous Substances and Mixtures Used in the Food or Drink Industries in 2023 were Ireland (US$1.65B), United States (US$166M), Uruguay (US$106M), Costa Rica (US$65.8M), and Guatemala (US$21.7M).
In the global context, the main exporting countries of Odoriferous Substances and Mixtures Used in the Food or Drink Industries in 2022 were Ireland (US$10.3B), United States (US$1.66B), and Germany (US$1.28B). In the same year, the main importing countries of Odoriferous Substances and Mixtures Used in the Food or Drink Industries were United States (US$4.24B), Mexico (US$1.62B), and France (US$1.01B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.21B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Odoriferous Substances and Mixtures Used in the Food or Drink Industries in Mexico (including international purchases and sales) was US$2.21B.
The visualizations show the net balance of Odoriferous Substances and Mixtures Used in the Food or Drink Industries 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$183M, International Purchases
- US$11.8M, International Sales
In November 2024, international sales of Odoriferous Substances and Mixtures Used in the Food or Drink Industries were US$11.8M, while international purchases reached US$183M. The above results in a trade balance of -US$171M.
Market Concentration
#permalink to section2024-Q4: US$16.4M, International Sales
The visualization shows the quarterly concentration of international sales of Odoriferous Substances and Mixtures Used in the Food or Drink Industries at state level.
In the fourth quarter of 2024, international sales were US$16.4M, being the states with the most sales Estado de México (US$7.27M), Ciudad de México (US$4.17M), and Nuevo León (US$3.45M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$35M, State with the Most International Sales (2023)
United States: US$18.5M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Odoriferous Substances and Mixtures Used in the Food or Drink Industries were Estado de México (US$35M), Ciudad de México (US$26.8M), Nuevo León (US$14M), Guanajuato (US$6.97M), and Jalisco (US$5.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$18.5M), Uruguay (US$13.6M), Colombia (US$13.3M), Guatemala (US$10.2M), and Costa Rica (US$7.06M).
International Purchases
#permalink to sectionCiudad de México: US$1.92B, State with the Most International Purchases (2023)
Ireland: US$1.65B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Odoriferous Substances and Mixtures Used in the Food or Drink Industries were Ciudad de México (US$1.92B), Estado de México (US$63.5M), Nuevo León (US$22.5M), Jalisco (US$16.4M), and San Luis Potosí (US$9.82M).
The countries with the most international sales to Mexico in 2023 were Ireland (US$1.65B), United States (US$166M), Uruguay (US$106M), Costa Rica (US$65.8M), and Guatemala (US$21.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Odoriferous Substances and Mixtures Used in the Food or Drink Industries and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Odoriferous Substances and Mixtures Used in the Food or Drink Industries. 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- 0.64%, Mexican share in global exports - 2022
- 7.76%, Mexican share in global imports - 2022
The visualizations show the global market for Odoriferous Substances and Mixtures Used in the Food or Drink Industries. 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 Odoriferous Substances and Mixtures Used in the Food or Drink Industries were Ireland (US$10.3B), United States (US$1.66B), and Germany (US$1.28B). In the same year, the main importing countries for Odoriferous Substances and Mixtures Used in the Food or Drink Industries were United States (US$4.24B), Mexico (US$1.62B), and France (US$1.01B).