Soybean Oil (Soya) and its Derivatives, Including Refined, but not Chemically Modified
Código 1507 (Harmonized System 2012 by 4 digits)
2023: US$268M, Total Trade Exchange
2023: US$84.2M, International Sales
2023: US$184M, International Purchases
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Soybean Oil (Soya) and its Derivatives, Including Refined, but not Chemically Modified and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Soybean Oil (Soya) and its Derivatives, Including Refined, but not Chemically Modified. 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- N/A%, Mexican share in global exports - 2022
- N/A%, Mexican share in global imports - 2022
The visualizations show the global market for Soybean Oil (Soya) and its Derivatives, Including Refined, but not Chemically Modified. 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 Soybean Oil (Soya) and its Derivatives, Including Refined, but not Chemically Modified were Argentina (US$6.78B), Brazil (US$3.95B), and Netherlands (US$1.14B). In the same year, the main importing countries for Soybean Oil (Soya) and its Derivatives, Including Refined, but not Chemically Modified were India (US$6.66B), Bangladesh (US$948M), and Morocco (US$769M).