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Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw)

Código 121190 (Harmonized System 2012 by 6 digits)

 2023: US$195M, Total Trade Exchange

2023: US$82.6M, International Sales

  2023: US$112M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) was US$195M.

In 2023, the states with the most international sales in Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) were Baja California (US$26.5M), Puebla (US$11.3M), Morelos (US$10.9M), Ciudad de México (US$7.66M), and Michoacán de Ocampo (US$4.61M).

The states with the most international purchases in 2023 were Ciudad de México (US$44.1M), Jalisco (US$32.1M), Querétaro (US$11.8M), Nuevo León (US$6.18M), and Baja California (US$6.17M).

In 2023, the main commercial destinations of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) were United States (US$59.8M), Canada (US$4.34M), Morocco (US$1.87M), Netherlands (US$1.55M), and Germany (US$1.53M).

The main commercial origins of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) in 2023 were China (US$46.2M), Nigeria (US$41.8M), India (US$11.5M), Chile (US$4.91M), and Thailand (US$1.24M).

In the global context, the main exporting countries of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) in 2022 were China (US$834M), India (US$472M), and Germany (US$201M). In the same year, the main importing countries of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) were United States (US$526M), Germany (US$439M), and Japan (US$237M).

Trade Balance of Mexico

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Net Trade Balance

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US$195M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) in Mexico (including international purchases and sales) was US$195M.

The visualizations show the net balance of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) 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$16.4M, International Purchases
  • US$7.21M, International Sales

In July 2024, international sales of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) were US$7.21M, while international purchases reached US$16.4M. The above results in a trade balance of -US$9.23M.

Market Concentration

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2024-Q3: US$5.87M, International Sales

The visualization shows the quarterly concentration of international sales of Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) at state level.

In the third quarter of 2024, international sales were US$5.87M, being the states with the most sales Baja California (US$2.45M), Puebla (US$845k), and Ciudad de México (US$675k).

Exchange by Territory

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International Sales

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Baja California: US$26.5M, State with the Most International Sales (2023)

United States: US$59.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) were Baja California (US$26.5M), Puebla (US$11.3M), Morelos (US$10.9M), Ciudad de México (US$7.66M), and Michoacán de Ocampo (US$4.61M).

In 2023, the countries with the most international purchases from Mexico were United States (US$59.8M), Canada (US$4.34M), Morocco (US$1.87M), Netherlands (US$1.55M), and Germany (US$1.53M).

International Purchases

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Ciudad de México: US$44.1M, State with the Most International Purchases (2023)

China: US$46.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) were Ciudad de México (US$44.1M), Jalisco (US$32.1M), Querétaro (US$11.8M), Nuevo León (US$6.18M), and Baja California (US$6.17M).

The countries with the most international sales to Mexico in 2023 were China (US$46.2M), Nigeria (US$41.8M), India (US$11.5M), Chile (US$4.91M), and Thailand (US$1.24M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw). 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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  • 1.88%, Mexican share in global exports - 2022
  • 0.75%, Mexican share in global imports - 2022

The visualizations show the global market for Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw). 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 Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) were China (US$834M), India (US$472M), and Germany (US$201M). In the same year, the main importing countries for Plants and Parts of Plants, Seeds and Fruits of a Kind Used Primarily in Perfumery, in Pharmacy or for Uses Insecticides, Fungicidal or Similar Purposes, Fresh or Dried, Incl. Cut, Crushed or Powdered (Excl. Liquorice Roots, Roots of "Ginseng" , Coca Leaf and Poppy Straw) were United States (US$526M), Germany (US$439M), and Japan (US$237M).