Soybean Oil "Soya" Raw, Incl. Degumming
Código 150710 (Harmonized System 2012 by 6 digits)
2023: US$172M, Total Trade Exchange
2023: US$16.4M, International Sales
2023: US$156M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Soybean Oil "Soya" Raw, Incl. Degumming was US$172M.
In 2013, the states with the most international sales in Soybean Oil "Soya" Raw, Incl. Degumming were Ciudad de México (US$95.5k).
The states with the most international purchases in 2023 were Ciudad de México (US$65.1M).
In 2013, the main commercial destinations of Soybean Oil "Soya" Raw, Incl. Degumming were United States (US$93.9k), Italy (US$1.56k), and Colombia (US$5).
The main commercial origins of Soybean Oil "Soya" Raw, Incl. Degumming in 2023 were Argentina (US$42.5M), United States (US$20.4M), Brazil (US$2.26M), and Spain (US$801).
In the global context, the main exporting countries of Soybean Oil "Soya" Raw, Incl. Degumming in 2022 were Argentina (US$6.29B), Brazil (US$3.59B), and United States (US$843M). In the same year, the main importing countries of Soybean Oil "Soya" Raw, Incl. Degumming were India (US$6.5B), Bangladesh (US$947M), and Morocco (US$753M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$172M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Soybean Oil "Soya" Raw, Incl. Degumming in Mexico (including international purchases and sales) was US$172M.
The visualizations show the net balance of Soybean Oil "Soya" Raw, Incl. Degumming 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$11.9M, International Purchases
In July 2024, international sales of Soybean Oil "Soya" Raw, Incl. Degumming were US$0, while international purchases reached US$11.9M. The above results in a trade balance of -US$11.9M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$95.5k, State with the Most International Sales (2013)
United States: US$93.9k, Main commercial destination (2013)
In 2013, the states with the highest international sales in Soybean Oil "Soya" Raw, Incl. Degumming were Ciudad de México (US$95.5k).
In 2013, the countries with the most international purchases from Mexico were United States (US$93.9k), Italy (US$1.56k), and Colombia (US$5).
International Purchases
#permalink to sectionCiudad de México: US$65.1M, State with the Most International Purchases (2023)
Argentina: US$42.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Soybean Oil "Soya" Raw, Incl. Degumming were Ciudad de México (US$65.1M).
The countries with the most international sales to Mexico in 2023 were Argentina (US$42.5M), United States (US$20.4M), Brazil (US$2.26M), and Spain (US$801).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Soybean Oil "Soya" Raw, Incl. Degumming and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Soybean Oil "Soya" Raw, Incl. Degumming. 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- 0.034%, Mexican share in global exports - 2022
- 0.75%, Mexican share in global imports - 2022
The visualizations show the global market for Soybean Oil "Soya" Raw, Incl. Degumming. 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" Raw, Incl. Degumming were Argentina (US$6.29B), Brazil (US$3.59B), and United States (US$843M). In the same year, the main importing countries for Soybean Oil "Soya" Raw, Incl. Degumming were India (US$6.5B), Bangladesh (US$947M), and Morocco (US$753M).