Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form
Código 1701 (Harmonized System 2012 by 4 digits)
2023: US$1.24B, Total Trade Exchange
2023: US$797M, International Sales
2023: US$448M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form was US$1.24B.
In 2023, the states with the most international sales in Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form were Veracruz de Ignacio de la Llave (US$274M), Ciudad de México (US$161M), San Luis Potosí (US$66.3M), and Jalisco (US$44.4M).
The states with the most international purchases in 2023 were Ciudad de México (US$339M), Veracruz de Ignacio de la Llave (US$17.5M), Jalisco (US$11.4M), Estado de México (US$6.28M), and Baja California (US$5.89M).
In 2023, the main commercial destinations of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form were United States (US$537M), Hong Kong (US$5.31M), Puerto Rico (US$2.55M), Canada (US$214k), and Germany (US$91).
The main commercial origins of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form in 2023 were Brazil (US$132M), United States (US$104M), Guatemala (US$47.8M), India (US$33.8M), and Honduras (US$24.3M).
In the global context, the main exporting countries of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form in 2022 were Brazil (US$12.1B), India (US$6.22B), and Thailand (US$3.52B). In the same year, the main importing countries of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form were Indonesia (US$2.81B), United States (US$2.31B), and China (US$2.26B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.24B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form in Mexico (including international purchases and sales) was US$1.24B.
The visualizations show the net balance of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form 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$48.4M, International Purchases
- US$11M, International Sales
In July 2024, international sales of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form were US$11M, while international purchases reached US$48.4M. The above results in a trade balance of -US$37.4M.
Market Concentration
#permalink to section2024-Q3: US$5.73M, International Sales
The visualization shows the quarterly concentration of international sales of Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form at state level.
In the third quarter of 2024, international sales were US$5.73M, being the states with the most sales Veracruz de Ignacio de la Llave (US$5.73M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$274M, State with the Most International Sales (2023)
United States: US$537M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form were Veracruz de Ignacio de la Llave (US$274M), Ciudad de México (US$161M), San Luis Potosí (US$66.3M), and Jalisco (US$44.4M).
In 2023, the countries with the most international purchases from Mexico were United States (US$537M), Hong Kong (US$5.31M), Puerto Rico (US$2.55M), Canada (US$214k), and Germany (US$91).
International Purchases
#permalink to sectionCiudad de México: US$339M, State with the Most International Purchases (2023)
Brazil: US$132M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form were Ciudad de México (US$339M), Veracruz de Ignacio de la Llave (US$17.5M), Jalisco (US$11.4M), Estado de México (US$6.28M), and Baja California (US$5.89M).
The countries with the most international sales to Mexico in 2023 were Brazil (US$132M), United States (US$104M), Guatemala (US$47.8M), India (US$33.8M), and Honduras (US$24.3M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form. 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- 2.88%, Mexican share in global exports - 2022
- 0.048%, Mexican share in global imports - 2022
The visualizations show the global market for Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form. 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 Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form were Brazil (US$12.1B), India (US$6.22B), and Thailand (US$3.52B). In the same year, the main importing countries for Sugar Cane or Beet Sugar and Chemically Pure Sucrose, in Solid Form were Indonesia (US$2.81B), United States (US$2.31B), and China (US$2.26B).