Preparations of Cereals, Flour, Starch or Milk; Pastry Products
Code 19 (Harmonized System 2012 by 2 digits)
2023: US$4.73B, Total Trade Exchange
2023: US$3.63B, International Sales
2023: US$1.1B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Preparations of Cereals, Flour, Starch or Milk; Pastry Products was US$4.73B.
In 2023, the states with the most international sales in Preparations of Cereals, Flour, Starch or Milk; Pastry Products were Puebla (US$1.23B), Ciudad de México (US$1.08B), Nuevo León (US$398M), Estado de México (US$322M), and Baja California (US$169M).
The states with the most international purchases in 2023 were Estado de México (US$309M), Ciudad de México (US$274M), Jalisco (US$198M), Nuevo León (US$87.1M), and Baja California (US$82.5M).
In 2023, the main commercial destinations of Preparations of Cereals, Flour, Starch or Milk; Pastry Products were United States (US$2.85B), Canada (US$112M), Guatemala (US$99.8M), Dominican Republic (US$63M), and Honduras (US$59.9M).
The main commercial origins of Preparations of Cereals, Flour, Starch or Milk; Pastry Products in 2023 were United States (US$601M), Canada (US$153M), Netherlands (US$50.3M), Spain (US$43.7M), and Poland (US$38M).
In the global context, the main exporting countries of Preparations of Cereals, Flour, Starch or Milk; Pastry Products in 2022 were Germany (US$8.45B), Italy (US$8.09B), and Netherlands (US$6.5B). In the same year, the main importing countries of Preparations of Cereals, Flour, Starch or Milk; Pastry Products were United States (US$13.8B), China (US$6.35B), and United Kingdom (US$5.7B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$4.73B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Preparations of Cereals, Flour, Starch or Milk; Pastry Products in Mexico (including international purchases and sales) was US$4.73B.
The visualizations show the net balance of Preparations of Cereals, Flour, Starch or Milk; Pastry Products 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$329M, International Sales
- US$108M, International Purchases
In July 2024, international sales of Preparations of Cereals, Flour, Starch or Milk; Pastry Products were US$329M and a total of US$108M in international purchases. For this month the net trade balance of Preparations of Cereals, Flour, Starch or Milk; Pastry Products it was of US$221M.
Market Concentration
#permalink to section2024-Q3: US$329M, International Sales
The visualization shows the quarterly concentration of international sales of Preparations of Cereals, Flour, Starch or Milk; Pastry Products at state level.
In the third quarter of 2024, international sales were US$329M, being the states with the most sales Puebla (US$106M), Ciudad de México (US$98.5M), and Nuevo León (US$46.5M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionPuebla: US$1.23B, State with the Most International Sales (2023)
United States: US$2.85B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Preparations of Cereals, Flour, Starch or Milk; Pastry Products were Puebla (US$1.23B), Ciudad de México (US$1.08B), Nuevo León (US$398M), Estado de México (US$322M), and Baja California (US$169M).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.85B), Canada (US$112M), Guatemala (US$99.8M), Dominican Republic (US$63M), and Honduras (US$59.9M).
International Purchases
#permalink to sectionEstado de México: US$309M, State with the Most International Purchases (2023)
United States: US$601M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Preparations of Cereals, Flour, Starch or Milk; Pastry Products were Estado de México (US$309M), Ciudad de México (US$274M), Jalisco (US$198M), Nuevo León (US$87.1M), and Baja California (US$82.5M).
The countries with the most international sales to Mexico in 2023 were United States (US$601M), Canada (US$153M), Netherlands (US$50.3M), Spain (US$43.7M), and Poland (US$38M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Preparations of Cereals, Flour, Starch or Milk; Pastry Products and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Preparations of Cereals, Flour, Starch or Milk; Pastry Products. 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- 3.25%, Mexican share in global exports - 2022
- 0.77%, Mexican share in global imports - 2022
The visualizations show the global market for Preparations of Cereals, Flour, Starch or Milk; Pastry Products. 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 of Cereals, Flour, Starch or Milk; Pastry Products were Germany (US$8.45B), Italy (US$8.09B), and Netherlands (US$6.5B). In the same year, the main importing countries for Preparations of Cereals, Flour, Starch or Milk; Pastry Products were United States (US$13.8B), China (US$6.35B), and United Kingdom (US$5.7B).