Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard
Código 2103 (Harmonized System 2012 by 4 digits)
In 2023, the states with the most international sales in Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard were Ciudad de México (US$172M), Jalisco (US$165M), Estado de México (US$76.7M), Guanajuato (US$65.5M), and Michoacán de Ocampo (US$41.9M).
The states with the most international purchases in 2023 were Baja California (US$117M), Ciudad de México (US$107M), Estado de México (US$105M), Guanajuato (US$44.9M), and Nuevo León (US$42.4M).
In 2023, the main commercial destinations of Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard were United States (US$478M), Guatemala (US$45.2M), Colombia (US$15M), Honduras (US$8.48M), and United Kingdom (US$6.9M).
The main commercial origins of Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard in 2023 were United States (US$438M), Spain (US$8.45M), China (US$7.33M), Guatemala (US$5.05M), and Canada (US$4.89M).
In the global context, the main exporting countries of Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard in 2022 were United States (US$19.2B), China (US$11B), and Italy (US$10.7B). In the same year, the main importing countries of Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard were N/A.
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard 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$43.4M, International Purchases
- US$69.4M, International Sales
In July 2024, international sales of Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard were US$69.4M, while international purchases reached US$43.4M. The above results in a trade balance of US$26.1M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$172M, State with the Most International Sales (2023)
United States: US$478M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard were Ciudad de México (US$172M), Jalisco (US$165M), Estado de México (US$76.7M), Guanajuato (US$65.5M), and Michoacán de Ocampo (US$41.9M).
In 2023, the countries with the most international purchases from Mexico were United States (US$478M), Guatemala (US$45.2M), Colombia (US$15M), Honduras (US$8.48M), and United Kingdom (US$6.9M).
International Purchases
#permalink to sectionBaja California: US$117M, State with the Most International Purchases (2023)
United States: US$438M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard were Baja California (US$117M), Ciudad de México (US$107M), Estado de México (US$105M), Guanajuato (US$44.9M), and Nuevo León (US$42.4M).
The countries with the most international sales to Mexico in 2023 were United States (US$438M), Spain (US$8.45M), China (US$7.33M), Guatemala (US$5.05M), and Canada (US$4.89M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard. 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- 2.41%, Mexican share in global exports - 2022
- N/A%, Mexican share in global imports - 2022
The visualizations show the global market for Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard. 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 Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard were United States (US$19.2B), China (US$11B), and Italy (US$10.7B). In the same year, the main importing countries for Preparations for Sauces and Prepared Sauces; Seasonings and Seasonings; Mustard Flour and Prepared Mustard were N/A.