ProceduresGovernment

Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds)

Código 120799 (Harmonized System 2012 by 6 digits)

 2023: US$65.7M, Total Trade Exchange

2023: US$37.6M, International Sales

  2023: US$28.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) was US$65.7M.

In 2023, the states with the most international sales in Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) were Jalisco (US$26.7M), Estado de México (US$5.38M), Ciudad de México (US$5.18M), and Puebla (US$2.82k).

The states with the most international purchases in 2023 were Ciudad de México (US$10M), Jalisco (US$7.98M), Estado de México (US$6.11M), Querétaro (US$1.31M), and Guanajuato (US$803k).

In 2023, the main commercial destinations of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) were United States (US$17.9M), China (US$13.2M), Germany (US$4.33M), Taiwan (Republic of China) (US$411k), and Panama (US$368k).

The main commercial origins of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) in 2023 were China (US$12.3M), Bolivia (US$9.52M), Bulgaria (US$4.24M), India (US$266k), and Canada (US$96.8k).

In the global context, the main exporting countries of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) in 2022 were China (US$279M), Paraguay (US$114M), and Netherlands (US$65.6M). In the same year, the main importing countries of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) were United States (US$171M), Germany (US$125M), and Spain (US$76.2M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$65.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) in Mexico (including international purchases and sales) was US$65.7M.

The visualizations show the net balance of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) 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 section

July, 2024

  • US$3.14M, International Purchases
  • US$2.46M, International Sales

In July 2024, international sales of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) were US$2.46M, while international purchases reached US$3.14M. The above results in a trade balance of -US$680k.

Market Concentration

#permalink to section

2024-Q3: US$1.35M, International Sales

The visualization shows the quarterly concentration of international sales of Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) at state level.

In the third quarter of 2024, international sales were US$1.35M, being the states with the most sales Jalisco (US$1.35M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Jalisco: US$26.7M, State with the Most International Sales (2023)

United States: US$17.9M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) were Jalisco (US$26.7M), Estado de México (US$5.38M), Ciudad de México (US$5.18M), and Puebla (US$2.82k).

In 2023, the countries with the most international purchases from Mexico were United States (US$17.9M), China (US$13.2M), Germany (US$4.33M), Taiwan (Republic of China) (US$411k), and Panama (US$368k).

International Purchases

#permalink to section

Ciudad de México: US$10M, State with the Most International Purchases (2023)

China: US$12.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) were Ciudad de México (US$10M), Jalisco (US$7.98M), Estado de México (US$6.11M), Querétaro (US$1.31M), and Guanajuato (US$803k).

The countries with the most international sales to Mexico in 2023 were China (US$12.3M), Bolivia (US$9.52M), Bulgaria (US$4.24M), India (US$266k), and Canada (US$96.8k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds). 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

#permalink to section

  • 3.22%, Mexican share in global exports - 2022
  • 1.85%, Mexican share in global imports - 2022

The visualizations show the global market for Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds). 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 Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) were China (US$279M), Paraguay (US$114M), and Netherlands (US$65.6M). In the same year, the main importing countries for Seeds and Oleaginous Fruits, whole or Broken (Exc. Nuts Food, Olives, Soya Beans, Groundnuts, Copra, Flaxseed Rape, or Rapeseed, Sunflower Seeds, Nuts and Kernels, Cotton, Castor Sesame, Mustard, Safflower, Melon and Poppy Seeds) were United States (US$171M), Germany (US$125M), and Spain (US$76.2M).