ProceduresGovernment

Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean")

Código 120890 (Harmonized System 2012 by 6 digits)

 2023: US$790k, Total Trade Exchange

2023: US$406k, International Sales

  2023: US$384k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") was US$790k.

In 2022, the states with the most international sales in Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") were Jalisco (US$180k).

The states with the most international purchases in 2023 were Nuevo León (US$234k), Jalisco (US$75.1k), and Ciudad de México (US$53.2k).

In 2022, the main commercial destinations of Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") were United States (US$179k) and Peru (US$950).

The main commercial origins of Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") in 2023 were United States (US$322k), Canada (US$20.3k), Israel (US$18.5k), and Bulgaria (US$1.8k).

In the global context, the main exporting countries of Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") in 2022 were China (US$53.1M), Germany (US$30.8M), and Poland (US$17.8M). In the same year, the main importing countries of Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") were South Korea (US$58.7M), Sweden (US$42.7M), and United States (US$24.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$790k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") in Mexico (including international purchases and sales) was US$790k.

The visualizations show the net balance of Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") 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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June, 2024

  • US$97.9k, International Purchases
  • US$45.8k, International Sales

In June 2024, international sales of Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") were US$45.8k, while international purchases reached US$97.9k. The above results in a trade balance of -US$52.1k.

Exchange by Territory

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International Sales

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Jalisco: US$180k, State with the Most International Sales (2022)

United States: US$179k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") were Jalisco (US$180k).

In 2022, the countries with the most international purchases from Mexico were United States (US$179k) and Peru (US$950).

International Purchases

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Nuevo León: US$234k, State with the Most International Purchases (2023)

United States: US$322k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") were Nuevo León (US$234k), Jalisco (US$75.1k), and Ciudad de México (US$53.2k).

The countries with the most international sales to Mexico in 2023 were United States (US$322k), Canada (US$20.3k), Israel (US$18.5k), and Bulgaria (US$1.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean")  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean"). 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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  • 0.36%, Mexican share in global exports - 2022
  • 1.33%, Mexican share in global imports - 2022

The visualizations show the global market for Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean"). 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 Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") were China (US$53.1M), Germany (US$30.8M), and Poland (US$17.8M). In the same year, the main importing countries for Seed Flour or Fruit Oleaginous (Exc. Mustard Flour and Soybeans "Soybean") were South Korea (US$58.7M), Sweden (US$42.7M), and United States (US$24.6M).