ProceduresGovernment

Sparkling Wine of Fresh Grapes

Código 220410 (Harmonized System 2012 by 6 digits)

 2023: US$88.9M, Total Trade Exchange

2023: US$721k, International Sales

  2023: US$88.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sparkling Wine of Fresh Grapes was US$88.9M.

In 2023, the states with the most international sales in Sparkling Wine of Fresh Grapes were Querétaro (US$481k) and Baja California (US$93.8k).

The states with the most international purchases in 2023 were Ciudad de México (US$61.5M), Estado de México (US$10.8M), Jalisco (US$3.95M), Quintana Roo (US$3.51M), and Yucatán (US$2.95M).

In 2023, the main commercial destinations of Sparkling Wine of Fresh Grapes were Japan (US$373k), United States (US$176k), United Kingdom (US$21.4k), and Panama (US$4.44k).

The main commercial origins of Sparkling Wine of Fresh Grapes in 2023 were France (US$55.2M), Italy (US$19.2M), Spain (US$8.66M), Argentina (US$2.13M), and United States (US$553k).

In the global context, the main exporting countries of Sparkling Wine of Fresh Grapes in 2022 were France (US$5.32B), Italy (US$2.41B), and Spain (US$570M). In the same year, the main importing countries of Sparkling Wine of Fresh Grapes were United States (US$1.94B), United Kingdom (US$1.21B), and Japan (US$887M).

Trade Balance of Mexico

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Net Trade Balance

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US$88.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sparkling Wine of Fresh Grapes in Mexico (including international purchases and sales) was US$88.9M.

The visualizations show the net balance of Sparkling Wine of Fresh Grapes 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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July, 2024

  • US$7.54M, International Purchases
  • US$31.6k, International Sales

In July 2024, international sales of Sparkling Wine of Fresh Grapes were US$31.6k, while international purchases reached US$7.54M. The above results in a trade balance of -US$7.51M.

Market Concentration

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2024-Q3: US$30.1k, International Sales

The visualization shows the quarterly concentration of international sales of Sparkling Wine of Fresh Grapes at state level.

In the third quarter of 2024, international sales were US$30.1k, being the states with the most sales Baja California (US$30.1k).

Exchange by Territory

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International Sales

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Querétaro: US$481k, State with the Most International Sales (2023)

Japan: US$373k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Sparkling Wine of Fresh Grapes were Querétaro (US$481k) and Baja California (US$93.8k).

In 2023, the countries with the most international purchases from Mexico were Japan (US$373k), United States (US$176k), United Kingdom (US$21.4k), and Panama (US$4.44k).

International Purchases

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Ciudad de México: US$61.5M, State with the Most International Purchases (2023)

France: US$55.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sparkling Wine of Fresh Grapes were Ciudad de México (US$61.5M), Estado de México (US$10.8M), Jalisco (US$3.95M), Quintana Roo (US$3.51M), and Yucatán (US$2.95M).

The countries with the most international sales to Mexico in 2023 were France (US$55.2M), Italy (US$19.2M), Spain (US$8.66M), Argentina (US$2.13M), and United States (US$553k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Sparkling Wine of Fresh Grapes  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Sparkling Wine of Fresh Grapes. 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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  • 0.0081%, Mexican share in global exports - 2022
  • 0.93%, Mexican share in global imports - 2022

The visualizations show the global market for Sparkling Wine of Fresh Grapes. 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 Sparkling Wine of Fresh Grapes were France (US$5.32B), Italy (US$2.41B), and Spain (US$570M). In the same year, the main importing countries for Sparkling Wine of Fresh Grapes were United States (US$1.94B), United Kingdom (US$1.21B), and Japan (US$887M).