Oil Seed, Oleagic Fruits, Grain, Seed, Etc
Code 12 (Harmonized System 2012 by 2 digits)
2023: US$5.95B, Total Trade Exchange
2023: US$204M, International Sales
2023: US$5.74B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Oil Seed, Oleagic Fruits, Grain, Seed, Etc was US$5.95B.
In 2023, the states with the most international sales in Oil Seed, Oleagic Fruits, Grain, Seed, Etc were Jalisco (US$43.6M), Baja California (US$33.5M), Ciudad de México (US$32.4M), Guanajuato (US$22.5M), and Puebla (US$20.1M).
The states with the most international purchases in 2023 were Nuevo León (US$1.6B), Jalisco (US$981M), Ciudad de México (US$817M), Yucatán (US$510M), and Veracruz de Ignacio de la Llave (US$464M).
In 2023, the main commercial destinations of Oil Seed, Oleagic Fruits, Grain, Seed, Etc were United States (US$118M), China (US$15.4M), Netherlands (US$15.3M), Canada (US$7.42M), and Cuba (US$7.41M).
The main commercial origins of Oil Seed, Oleagic Fruits, Grain, Seed, Etc in 2023 were United States (US$2.94B), Brazil (US$947M), Canada (US$684M), Australia (US$229M), and China (US$125M).
In the global context, the main exporting countries of Oil Seed, Oleagic Fruits, Grain, Seed, Etc in 2022 were Brazil (US$48.6B), United States (US$40.1B), and Canada (US$8B). In the same year, the main importing countries of Oil Seed, Oleagic Fruits, Grain, Seed, Etc were China (US$62.2B), Germany (US$8.16B), and Japan (US$6.63B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$5.95B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Oil Seed, Oleagic Fruits, Grain, Seed, Etc in Mexico (including international purchases and sales) was US$5.95B.
The visualizations show the net balance of Oil Seed, Oleagic Fruits, Grain, Seed, Etc 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$15.3M, International Sales
- US$424M, International Purchases
In July 2024, international sales of Oil Seed, Oleagic Fruits, Grain, Seed, Etc were US$15.3M and a total of US$424M in international purchases. For this month the net trade balance of Oil Seed, Oleagic Fruits, Grain, Seed, Etc it was of -US$409M.
Market Concentration
#permalink to section2024-Q3: US$13.4M, International Sales
The visualization shows the quarterly concentration of international sales of Oil Seed, Oleagic Fruits, Grain, Seed, Etc at state level.
In the third quarter of 2024, international sales were US$13.4M, being the states with the most sales Guanajuato (US$2.95M), Baja California (US$2.54M), and Jalisco (US$2.27M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$43.6M, State with the Most International Sales (2023)
United States: US$118M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Oil Seed, Oleagic Fruits, Grain, Seed, Etc were Jalisco (US$43.6M), Baja California (US$33.5M), Ciudad de México (US$32.4M), Guanajuato (US$22.5M), and Puebla (US$20.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$118M), China (US$15.4M), Netherlands (US$15.3M), Canada (US$7.42M), and Cuba (US$7.41M).
International Purchases
#permalink to sectionNuevo León: US$1.6B, State with the Most International Purchases (2023)
United States: US$2.94B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Oil Seed, Oleagic Fruits, Grain, Seed, Etc were Nuevo León (US$1.6B), Jalisco (US$981M), Ciudad de México (US$817M), Yucatán (US$510M), and Veracruz de Ignacio de la Llave (US$464M).
The countries with the most international sales to Mexico in 2023 were United States (US$2.94B), Brazil (US$947M), Canada (US$684M), Australia (US$229M), and China (US$125M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Oil Seed, Oleagic Fruits, Grain, Seed, Etc and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Oil Seed, Oleagic Fruits, Grain, Seed, Etc. 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- 0.16%, Mexican share in global exports - 2022
- 3.69%, Mexican share in global imports - 2022
The visualizations show the global market for Oil Seed, Oleagic Fruits, Grain, Seed, Etc. 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 Oil Seed, Oleagic Fruits, Grain, Seed, Etc were Brazil (US$48.6B), United States (US$40.1B), and Canada (US$8B). In the same year, the main importing countries for Oil Seed, Oleagic Fruits, Grain, Seed, Etc were China (US$62.2B), Germany (US$8.16B), and Japan (US$6.63B).