Plant Extract, Hops
Código 130213 (Harmonized System 2012 by 6 digits)
2023: US$30.5M, International Purchases
The states with the most international purchases in 2023 were Jalisco (US$749k), Ciudad de México (US$120k), Baja California (US$35.8k), and Estado de México (US$2.87k).
The main commercial origins of Plant Extract, Hops in 2023 were United States (US$503k), Italy (US$392k), China (US$5.23k), United Kingdom (US$4.32k), and Spain (US$2.05k).
In the global context, the main exporting countries of Plant Extract, Hops in 2022 were United States (US$179M), Germany (US$153M), and United Kingdom (US$44.2M). In the same year, the main importing countries of Plant Extract, Hops were Brazil (US$36.9M), Mexico (US$34.8M), and United Kingdom (US$26.5M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Plant Extract, Hops 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 sectionNovember, 2024: US$1.2M, International Purchases
In November 2024, international sales of Plant Extract, Hops were US$0, while international purchases reached US$1.2M. The above results in a trade balance of -US$1.2M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionJalisco: US$749k, State with the Most International Purchases (2023)
United States: US$503k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Plant Extract, Hops were Jalisco (US$749k), Ciudad de México (US$120k), Baja California (US$35.8k), and Estado de México (US$2.87k).
The countries with the most international sales to Mexico in 2023 were United States (US$503k), Italy (US$392k), China (US$5.23k), United Kingdom (US$4.32k), and Spain (US$2.05k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Plant Extract, Hops and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Plant Extract, Hops. 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%, Mexican share in global exports - 2022
- 8.33%, Mexican share in global imports - 2022
The visualizations show the global market for Plant Extract, Hops. 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 Plant Extract, Hops were United States (US$179M), Germany (US$153M), and United Kingdom (US$44.2M). In the same year, the main importing countries for Plant Extract, Hops were Brazil (US$36.9M), Mexico (US$34.8M), and United Kingdom (US$26.5M).