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Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others

Código 1510 (Harmonized System 2012 by 4 digits)

2019: US$7.5k, International Sales

  2023: US$24.5M, International Purchases

The states with the most international purchases in 2023 were Jalisco (US$21.3M) and Ciudad de México (US$2.22M).

The main commercial origins of Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others in 2023 were Spain (US$23.1M), Netherlands (US$334k), and Italy (US$8.36k).

In the global context, the main exporting countries of Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others in 2022 were N/A. In the same year, the main importing countries of Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others were Spain (US$112M), Italy (US$78.9M), and Portugal (US$58.2M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others 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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December, 2022: US$717k, International Purchases

In December 2022, international sales of Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others were US$0, while international purchases reached US$717k. The above results in a trade balance of -US$717k.

Exchange by Territory

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International Purchases

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Jalisco: US$21.3M, State with the Most International Purchases (2023)

Spain: US$23.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others were Jalisco (US$21.3M) and Ciudad de México (US$2.22M).

The countries with the most international sales to Mexico in 2023 were Spain (US$23.1M), Netherlands (US$334k), and Italy (US$8.36k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others. 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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  • 0.00012%, Mexican share in global exports - 2022
  • 3.27%, Mexican share in global imports - 2022

The visualizations show the global market for Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others. 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 Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others were N/A. In the same year, the main importing countries for Oils and their Fractions Obtained Solely from Olives, whether or not Refined, but not Chemically Modified, Including Blends of these Oils or Fractions with Oils or Fractions of Heading 15.09 Others were Spain (US$112M), Italy (US$78.9M), and Portugal (US$58.2M).