ProceduresGovernment

Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery)

Código 130212 (Harmonized System 2012 by 6 digits)

 2023: US$365k, Total Trade Exchange

2023: US$67.8k, International Sales

  2023: US$297k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) was US$365k.

In 2021, the states with the most international sales in Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) were Ciudad de México (US$3.44k).

The states with the most international purchases in 2023 were Ciudad de México (US$28.5k).

In 2021, the main commercial destinations of Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) were New Zealand (US$2.36k), El Salvador (US$1k), Cuba (US$42), and United Kingdom (US$34).

The main commercial origins of Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) in 2023 were United States (US$27.7k), France (US$561), Germany (US$197), and Switzerland (US$4).

In the global context, the main exporting countries of Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) in 2022 were France (US$34.4M), China (US$27.4M), and Uzbekistan (US$25.6M). In the same year, the main importing countries of Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) were China (US$44.2M), United States (US$27.6M), and France (US$18.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$365k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) in Mexico (including international purchases and sales) was US$365k.

The visualizations show the net balance of Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) 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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May, 2024: US$217k, International Purchases

In May 2024, international sales of Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) were US$0, while international purchases reached US$217k. The above results in a trade balance of -US$217k.

Exchange by Territory

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International Sales

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Year

Ciudad de México: US$3.44k, State with the Most International Sales (2021)

New Zealand: US$2.36k, Main commercial destination (2021)

In 2021, the states with the highest international sales in Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) were Ciudad de México (US$3.44k).

In 2021, the countries with the most international purchases from Mexico were New Zealand (US$2.36k), El Salvador (US$1k), Cuba (US$42), and United Kingdom (US$34).

International Purchases

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Ciudad de México: US$28.5k, State with the Most International Purchases (2023)

United States: US$27.7k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) were Ciudad de México (US$28.5k).

The countries with the most international sales to Mexico in 2023 were United States (US$27.7k), France (US$561), Germany (US$197), and Switzerland (US$4).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery). 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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  • 0.055%, Mexican share in global exports - 2022
  • 0.63%, Mexican share in global imports - 2022

The visualizations show the global market for Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery). 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, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) were France (US$34.4M), China (US$27.4M), and Uzbekistan (US$25.6M). In the same year, the main importing countries for Plant Extract, Licorice (Exc. Sucrose Containing> 10% by Weight or Conditioning as Confectionery) were China (US$44.2M), United States (US$27.6M), and France (US$18.1M).