ProceduresGovernment

Peat (Including Peat Litter), whether or not Agglomerated

Código 2703 (Harmonized System 2012 by 4 digits)

2021: US$91.3k, International Sales

  2023: US$35.1M, International Purchases

The states with the most international purchases in 2023 were Jalisco (US$7.02M), Guanajuato (US$6.86M), Sinaloa (US$3.98M), Ciudad de México (US$3.63M), and Aguascalientes (US$2.06M).

The main commercial origins of Peat (Including Peat Litter), whether or not Agglomerated in 2023 were Canada (US$14M), Latvia (US$7.72M), Netherlands (US$2.4M), Lithuania (US$2.38M), and Finland (US$1.38M).

In the global context, the main exporting countries of Peat (Including Peat Litter), whether or not Agglomerated in 2022 were Canada (US$532M), Latvia (US$343M), and Germany (US$201M). In the same year, the main importing countries of Peat (Including Peat Litter), whether or not Agglomerated were United States (US$542M), Netherlands (US$178M), and China (US$118M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Peat (Including Peat Litter), whether or not Agglomerated 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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July, 2024: US$2.66M, International Purchases

In July 2024, international sales of Peat (Including Peat Litter), whether or not Agglomerated were US$0, while international purchases reached US$2.66M. The above results in a trade balance of -US$2.66M.

Exchange by Territory

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International Purchases

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Jalisco: US$7.02M, State with the Most International Purchases (2023)

Canada: US$14M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Peat (Including Peat Litter), whether or not Agglomerated were Jalisco (US$7.02M), Guanajuato (US$6.86M), Sinaloa (US$3.98M), Ciudad de México (US$3.63M), and Aguascalientes (US$2.06M).

The countries with the most international sales to Mexico in 2023 were Canada (US$14M), Latvia (US$7.72M), Netherlands (US$2.4M), Lithuania (US$2.38M), and Finland (US$1.38M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Peat (Including Peat Litter), whether or not Agglomerated  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Peat (Including Peat Litter), whether or not Agglomerated. 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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  • 0.006%, Mexican share in global exports - 2022
  • 1.69%, Mexican share in global imports - 2022

The visualizations show the global market for Peat (Including Peat Litter), whether or not Agglomerated. 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 Peat (Including Peat Litter), whether or not Agglomerated were Canada (US$532M), Latvia (US$343M), and Germany (US$201M). In the same year, the main importing countries for Peat (Including Peat Litter), whether or not Agglomerated were United States (US$542M), Netherlands (US$178M), and China (US$118M).