Prepared Baking Powders
Código 210230 (Harmonized System 2012 by 6 digits)
2024: US$9.36M, Total Trade Exchange
2024: US$8.75M, International Sales
2024: US$606k, International Purchases
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$3.04M, State with the Most International Sales (2024)
United States: US$6.39M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Prepared Baking Powders were Estado de México (US$3.04M), Nuevo León (US$2.84M), Querétaro (US$2.04M), Ciudad de México (US$347k), and Quintana Roo (US$203k).
In 2024, the countries with the most international purchases from Mexico were United States (US$6.39M), Honduras (US$550k), Peru (US$517k), El Salvador (US$406k), and Costa Rica (US$195k).
International Purchases
#permalink to sectionBaja California: US$170k, State with the Most International Purchases (2024)
United States: US$408k, Main Commercial Origin (2024)
In 2024, the states with the highest international in Prepared Baking Powders were Baja California (US$170k), Nuevo León (US$146k), Tamaulipas (US$116k), Ciudad de México (US$97.3k), and Baja California Sur (US$42k).
The countries with the most international sales to Mexico in 2024 were United States (US$408k), China (US$188k), France (US$3.28k), Canada (US$2.07k), and Israel (US$35).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Prepared Baking Powders and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Prepared Baking Powders. 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- 3.22%, Mexican share in global exports - 2022
- 0.3%, Mexican share in global imports - 2022
The visualizations show the global market for Prepared Baking Powders. 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 Prepared Baking Powders were N/A. In the same year, the main importing countries for Prepared Baking Powders were United States (US$17.2M), Canada (US$16M), and Indonesia (US$15.6M).