Prepared Baking Powders
Código 210230 (Harmonized System 2012 by 6 digits)
2023: US$9.44M, Total Trade Exchange
2023: US$8.82M, International Sales
2023: US$621k, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Prepared Baking Powders was US$9.44M.
In 2023, the states with the most international sales in Prepared Baking Powders were Estado de México (US$3.09M), Nuevo León (US$2.41M), Querétaro (US$2.03M), Quintana Roo (US$410k), and Ciudad de México (US$394k).
The states with the most international purchases in 2023 were Tamaulipas (US$240k), Nuevo León (US$126k), Baja California (US$117k), Sonora (US$48.4k), and Baja California Sur (US$32.3k).
In 2023, the main commercial destinations of Prepared Baking Powders were United States (US$6.14M), Honduras (US$619k), Peru (US$460k), Cuba (US$365k), and El Salvador (US$296k).
The main commercial origins of Prepared Baking Powders in 2023 were United States (US$555k), China (US$54k), France (US$4.46k), Canada (US$2.95k), and Germany (US$2.02k).
In the global context, the main exporting countries of Prepared Baking Powders in 2022 were Egypt (US$31.1M), China (US$25M), and United States (US$23.5M). In the same year, the main importing countries of Prepared Baking Powders were United States (US$17.2M), Canada (US$16M), and Indonesia (US$15.6M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$9.44M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Prepared Baking Powders in Mexico (including international purchases and sales) was US$9.44M.
The visualizations show the net balance of Prepared Baking Powders 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$31.1k, International Purchases
- US$729k, International Sales
In July 2024, international sales of Prepared Baking Powders were US$729k, while international purchases reached US$31.1k. The above results in a trade balance of US$698k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$3.09M, State with the Most International Sales (2023)
United States: US$6.14M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Prepared Baking Powders were Estado de México (US$3.09M), Nuevo León (US$2.41M), Querétaro (US$2.03M), Quintana Roo (US$410k), and Ciudad de México (US$394k).
In 2023, the countries with the most international purchases from Mexico were United States (US$6.14M), Honduras (US$619k), Peru (US$460k), Cuba (US$365k), and El Salvador (US$296k).
International Purchases
#permalink to sectionTamaulipas: US$240k, State with the Most International Purchases (2023)
United States: US$555k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Prepared Baking Powders were Tamaulipas (US$240k), Nuevo León (US$126k), Baja California (US$117k), Sonora (US$48.4k), and Baja California Sur (US$32.3k).
The countries with the most international sales to Mexico in 2023 were United States (US$555k), China (US$54k), France (US$4.46k), Canada (US$2.95k), and Germany (US$2.02k).
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 Egypt (US$31.1M), China (US$25M), and United States (US$23.5M). 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).