Porcine Meat, Frozen
Código 020329 (Harmonized System 2012 by 6 digits)
2023: US$892M, Total Trade Exchange
2023: US$554M, International Sales
2023: US$337M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Porcine Meat, Frozen was US$892M.
In 2023, the states with the most international sales in Porcine Meat, Frozen were Sonora (US$187M), Jalisco (US$35.6M), Ciudad de México (US$24.1M), and Sinaloa (US$289k).
The states with the most international purchases in 2023 were Nuevo León (US$77.2M), Ciudad de México (US$68.3M), Jalisco (US$57.2M), Sinaloa (US$40.5M), and Estado de México (US$16.9M).
In 2023, the main commercial destinations of Porcine Meat, Frozen were Japan (US$182M), United States (US$49.1M), South Korea (US$10.6M), Vietnam (US$1.62M), and Hong Kong (US$1.17M).
The main commercial origins of Porcine Meat, Frozen in 2023 were United States (US$220M), Brazil (US$66.8M), Canada (US$35M), Spain (US$8.49M), and Chile (US$5.43M).
In the global context, the main exporting countries of Porcine Meat, Frozen in 2022 were Spain (US$3.27B), Brazil (US$2.38B), and United States (US$2.15B). In the same year, the main importing countries of Porcine Meat, Frozen were China (US$3.39B), Japan (US$2.29B), and South Korea (US$1.8B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$892M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Porcine Meat, Frozen in Mexico (including international purchases and sales) was US$892M.
The visualizations show the net balance of Porcine Meat, Frozen 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 sectionJuly, 2024
- US$44.5M, International Purchases
- US$47.9M, International Sales
In July 2024, international sales of Porcine Meat, Frozen were US$47.9M, while international purchases reached US$44.5M. The above results in a trade balance of US$3.37M.
Market Concentration
#permalink to section2024-Q3: US$12.8M, International Sales
The visualization shows the quarterly concentration of international sales of Porcine Meat, Frozen at state level.
In the third quarter of 2024, international sales were US$12.8M, being the states with the most sales Sonora (US$12.8M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSonora: US$187M, State with the Most International Sales (2023)
Japan: US$182M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Porcine Meat, Frozen were Sonora (US$187M), Jalisco (US$35.6M), Ciudad de México (US$24.1M), and Sinaloa (US$289k).
In 2023, the countries with the most international purchases from Mexico were Japan (US$182M), United States (US$49.1M), South Korea (US$10.6M), Vietnam (US$1.62M), and Hong Kong (US$1.17M).
International Purchases
#permalink to sectionNuevo León: US$77.2M, State with the Most International Purchases (2023)
United States: US$220M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Porcine Meat, Frozen were Nuevo León (US$77.2M), Ciudad de México (US$68.3M), Jalisco (US$57.2M), Sinaloa (US$40.5M), and Estado de México (US$16.9M).
The countries with the most international sales to Mexico in 2023 were United States (US$220M), Brazil (US$66.8M), Canada (US$35M), Spain (US$8.49M), and Chile (US$5.43M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Porcine Meat, Frozen and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Porcine Meat, Frozen. 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- 3.5%, Mexican share in global exports - 2022
- 1.69%, Mexican share in global imports - 2022
The visualizations show the global market for Porcine Meat, Frozen. 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 Porcine Meat, Frozen were Spain (US$3.27B), Brazil (US$2.38B), and United States (US$2.15B). In the same year, the main importing countries for Porcine Meat, Frozen were China (US$3.39B), Japan (US$2.29B), and South Korea (US$1.8B).