Soya Beans, whether or not Broken (Excl. for Sowing Seed)
Código 120190 (Harmonized System 2012 by 6 digits)
2023: US$3.66B, Total Trade Exchange
2023: US$2.3M, International Sales
2023: US$3.66B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Soya Beans, whether or not Broken (Excl. for Sowing Seed) was US$3.66B.
In 2022, the states with the most international sales in Soya Beans, whether or not Broken (Excl. for Sowing Seed) were Puebla (US$1.28k).
The states with the most international purchases in 2023 were Ciudad de México (US$513M), Yucatán (US$509M), and Jalisco (US$264M).
In 2022, the main commercial destinations of Soya Beans, whether or not Broken (Excl. for Sowing Seed) were United States (US$1.28k).
The main commercial origins of Soya Beans, whether or not Broken (Excl. for Sowing Seed) in 2023 were United States (US$808M), Brazil (US$477M), and Canada (US$822k).
In the global context, the main exporting countries of Soya Beans, whether or not Broken (Excl. for Sowing Seed) in 2022 were Brazil (US$47.4B), United States (US$34.8B), and Argentina (US$3.21B). In the same year, the main importing countries of Soya Beans, whether or not Broken (Excl. for Sowing Seed) were China (US$54.9B), Mexico (US$4.08B), and Japan (US$2.49B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.66B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Soya Beans, whether or not Broken (Excl. for Sowing Seed) in Mexico (including international purchases and sales) was US$3.66B.
The visualizations show the net balance of Soya Beans, whether or not Broken (Excl. for Sowing Seed) 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$229M, International Purchases
In July 2024, international sales of Soya Beans, whether or not Broken (Excl. for Sowing Seed) were US$0, while international purchases reached US$229M. The above results in a trade balance of -US$229M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionPuebla: US$1.28k, State with the Most International Sales (2022)
United States: US$1.28k, Main commercial destination (2022)
In 2022, the states with the highest international sales in Soya Beans, whether or not Broken (Excl. for Sowing Seed) were Puebla (US$1.28k).
In 2022, the countries with the most international purchases from Mexico were United States (US$1.28k).
International Purchases
#permalink to sectionCiudad de México: US$513M, State with the Most International Purchases (2023)
United States: US$808M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Soya Beans, whether or not Broken (Excl. for Sowing Seed) were Ciudad de México (US$513M), Yucatán (US$509M), and Jalisco (US$264M).
The countries with the most international sales to Mexico in 2023 were United States (US$808M), Brazil (US$477M), and Canada (US$822k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Soya Beans, whether or not Broken (Excl. for Sowing Seed) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Soya Beans, whether or not Broken (Excl. for Sowing Seed). 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- 0.0013%, Mexican share in global exports - 2022
- 4.32%, Mexican share in global imports - 2022
The visualizations show the global market for Soya Beans, whether or not Broken (Excl. for Sowing Seed). 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 Soya Beans, whether or not Broken (Excl. for Sowing Seed) were Brazil (US$47.4B), United States (US$34.8B), and Argentina (US$3.21B). In the same year, the main importing countries for Soya Beans, whether or not Broken (Excl. for Sowing Seed) were China (US$54.9B), Mexico (US$4.08B), and Japan (US$2.49B).