ProceduresGovernment

Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared

Código 1601 (Harmonized System 2012 by 4 digits)

 2023: US$309M, Total Trade Exchange

2023: US$47.2M, International Sales

  2023: US$262M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared was US$309M.

In 2023, the states with the most international sales in Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared were Chihuahua (US$7.69M) and Nuevo León (US$6.03M).

The states with the most international purchases in 2023 were Estado de México (US$125M), Baja California (US$46.7M), Ciudad de México (US$17.6M), Nuevo León (US$16.5M), and Chihuahua (US$14M).

In 2023, the main commercial destinations of Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared were Cuba (US$8.24M), United States (US$5.49M), and Canada (US$844).

The main commercial origins of Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared in 2023 were United States (US$224M), Spain (US$5.43M), Denmark (US$2.12M), and Canada (US$611k).

In the global context, the main exporting countries of Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared in 2022 were Germany (US$858M), United States (US$781M), and Italy (US$737M). In the same year, the main importing countries of Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared were Germany (US$782M), United Kingdom (US$775M), and France (US$434M).

Trade Balance of Mexico

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Net Trade Balance

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US$309M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared in Mexico (including international purchases and sales) was US$309M.

The visualizations show the net balance of Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared 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

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July, 2024

  • US$23.2M, International Purchases
  • US$1.33M, International Sales

In July 2024, international sales of Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared were US$1.33M, while international purchases reached US$23.2M. The above results in a trade balance of -US$21.9M.

Exchange by Territory

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International Sales

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Chihuahua: US$7.69M, State with the Most International Sales (2023)

Cuba: US$8.24M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared were Chihuahua (US$7.69M) and Nuevo León (US$6.03M).

In 2023, the countries with the most international purchases from Mexico were Cuba (US$8.24M), United States (US$5.49M), and Canada (US$844).

International Purchases

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Estado de México: US$125M, State with the Most International Purchases (2023)

United States: US$224M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared were Estado de México (US$125M), Baja California (US$46.7M), Ciudad de México (US$17.6M), Nuevo León (US$16.5M), and Chihuahua (US$14M).

The countries with the most international sales to Mexico in 2023 were United States (US$224M), Spain (US$5.43M), Denmark (US$2.12M), and Canada (US$611k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared. 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.

Origins and Trade Destinations

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  • 0.44%, Mexican share in global exports - 2022
  • 3.58%, Mexican share in global imports - 2022

The visualizations show the global market for Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared. 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 Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared were Germany (US$858M), United States (US$781M), and Italy (US$737M). In the same year, the main importing countries for Sausages and Similar Meat, Meat Offal or Blood Products; Food Preparations Based on these Products Prepared were Germany (US$782M), United Kingdom (US$775M), and France (US$434M).