ProceduresGovernment

Offal Edible Bovine, Fresh or Chilled

Código 020610 (Harmonized System 2012 by 6 digits)

 2023: US$61.6M, Total Trade Exchange

2023: US$46M, International Sales

  2023: US$15.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Offal Edible Bovine, Fresh or Chilled was US$61.6M.

In 2023, the states with the most international sales in Offal Edible Bovine, Fresh or Chilled were San Luis Potosí (US$21.9M), Sinaloa (US$17.4M), Veracruz de Ignacio de la Llave (US$2.01M), Nuevo León (US$800k), and Baja California (US$771k).

The states with the most international purchases in 2023 were Nuevo León (US$4.81M), Ciudad de México (US$3.39M), and Chihuahua (US$1.27M).

In 2023, the main commercial destinations of Offal Edible Bovine, Fresh or Chilled were United States (US$42.7M), Japan (US$412k), Cuba (US$64.4k), and Canada (US$22.1k).

The main commercial origins of Offal Edible Bovine, Fresh or Chilled in 2023 were United States (US$7.78M) and Canada (US$1.69M).

In the global context, the main exporting countries of Offal Edible Bovine, Fresh or Chilled in 2022 were United States (US$299M), Australia (US$153M), and Canada (US$118M). In the same year, the main importing countries of Offal Edible Bovine, Fresh or Chilled were Japan (US$452M), France (US$137M), and United States (US$119M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$61.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Offal Edible Bovine, Fresh or Chilled in Mexico (including international purchases and sales) was US$61.6M.

The visualizations show the net balance of Offal Edible Bovine, Fresh or Chilled 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 section

July, 2024

  • US$1.69M, International Purchases
  • US$4.46M, International Sales

In July 2024, international sales of Offal Edible Bovine, Fresh or Chilled were US$4.46M, while international purchases reached US$1.69M. The above results in a trade balance of US$2.77M.

Market Concentration

#permalink to section

2024-Q3: US$2.27M, International Sales

The visualization shows the quarterly concentration of international sales of Offal Edible Bovine, Fresh or Chilled at state level.

In the third quarter of 2024, international sales were US$2.27M, being the states with the most sales Sinaloa (US$2.08M) and Veracruz de Ignacio de la Llave (US$192k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

San Luis Potosí: US$21.9M, State with the Most International Sales (2023)

United States: US$42.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Offal Edible Bovine, Fresh or Chilled were San Luis Potosí (US$21.9M), Sinaloa (US$17.4M), Veracruz de Ignacio de la Llave (US$2.01M), Nuevo León (US$800k), and Baja California (US$771k).

In 2023, the countries with the most international purchases from Mexico were United States (US$42.7M), Japan (US$412k), Cuba (US$64.4k), and Canada (US$22.1k).

International Purchases

#permalink to section

Nuevo León: US$4.81M, State with the Most International Purchases (2023)

United States: US$7.78M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Offal Edible Bovine, Fresh or Chilled were Nuevo León (US$4.81M), Ciudad de México (US$3.39M), and Chihuahua (US$1.27M).

The countries with the most international sales to Mexico in 2023 were United States (US$7.78M) and Canada (US$1.69M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Offal Edible Bovine, Fresh or Chilled  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Offal Edible Bovine, Fresh or Chilled. 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

#permalink to section

  • 5.36%, Mexican share in global exports - 2022
  • 1.22%, Mexican share in global imports - 2022

The visualizations show the global market for Offal Edible Bovine, Fresh or Chilled. 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 Offal Edible Bovine, Fresh or Chilled were United States (US$299M), Australia (US$153M), and Canada (US$118M). In the same year, the main importing countries for Offal Edible Bovine, Fresh or Chilled were Japan (US$452M), France (US$137M), and United States (US$119M).