Código 151190 (Harmonized System 2012 by 6 digits)
2023: US$125M, Total Trade Exchange
2023: US$23.1M, International Sales
2023: US$101M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) was US$125M.
In 2023, the states with the most international sales in Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) were Nuevo León (US$134k).
The states with the most international purchases in 2023 were Jalisco (US$19.3M), Ciudad de México (US$11.2M), Chiapas (US$3.84M), Guanajuato (US$3.66M), and Baja California (US$970k).
In 2023, the main commercial destinations of Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) were United States (US$134k) and Italy (US$38).
The main commercial origins of Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) in 2023 were Guatemala (US$8.88M), Malaysia (US$7.66M), Costa Rica (US$6.1M), Indonesia (US$5.54M), and Honduras (US$4.11M).
In the global context, the main exporting countries of Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) in 2022 were Indonesia (US$25.4B), Malaysia (US$12.9B), and Netherlands (US$1.21B). In the same year, the main importing countries of Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) were China (US$5.34B), Pakistan (US$3.7B), and India (US$3.24B).
US$125M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) in Mexico (including international purchases and sales) was US$125M.
The visualizations show the net balance of Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) 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.
July, 2024
In July 2024, international sales of Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) were US$1.81M, while international purchases reached US$11.7M. The above results in a trade balance of -US$9.88M.
Nuevo León: US$134k, State with the Most International Sales (2023)
United States: US$134k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) were Nuevo León (US$134k).
In 2023, the countries with the most international purchases from Mexico were United States (US$134k) and Italy (US$38).
Jalisco: US$19.3M, State with the Most International Purchases (2023)
Guatemala: US$8.88M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) were Jalisco (US$19.3M), Ciudad de México (US$11.2M), Chiapas (US$3.84M), Guanajuato (US$3.66M), and Baja California (US$970k).
The countries with the most international sales to Mexico in 2023 were Guatemala (US$8.88M), Malaysia (US$7.66M), Costa Rica (US$6.1M), Indonesia (US$5.54M), and Honduras (US$4.11M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil). 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.
The visualizations show the global market for Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil). 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 Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) were Indonesia (US$25.4B), Malaysia (US$12.9B), and Netherlands (US$1.21B). In the same year, the main importing countries for Palm Oil and its Fractions, Incl. Refined, not Chemically Modified (Excl. Crude Palm Oil) were China (US$5.34B), Pakistan (US$3.7B), and India (US$3.24B).