Sugar Confectionery not Containing Cocoa, Incl. White Chocolate
Código 170490 (Harmonized System 2012 by 6 digits)
2023: US$1.35B, Total Trade Exchange
2023: US$1.18B, International Sales
2023: US$173M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate was US$1.35B.
In 2023, the states with the most international sales in Sugar Confectionery not Containing Cocoa, Incl. White Chocolate were Chihuahua (US$315M), Nuevo León (US$189M), Baja California (US$133M), Jalisco (US$111M), and Estado de México (US$100M).
The states with the most international purchases in 2023 were Ciudad de México (US$40.9M), Jalisco (US$35.4M), Baja California (US$32.6M), Estado de México (US$27.7M), and Nuevo León (US$13.4M).
In 2023, the main commercial destinations of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate were United States (US$930M), Canada (US$13.8M), Colombia (US$12.4M), Guatemala (US$12M), and Honduras (US$8.81M).
The main commercial origins of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate in 2023 were United States (US$88.9M), Guatemala (US$27.8M), China (US$25.1M), Ecuador (US$7.38M), and Spain (US$4.21M).
In the global context, the main exporting countries of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate in 2022 were Germany (US$1.66B), China (US$1.22B), and Mexico (US$1.14B). In the same year, the main importing countries of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate were United States (US$2.86B), Germany (US$766M), and United Kingdom (US$765M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.35B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate in Mexico (including international purchases and sales) was US$1.35B.
The visualizations show the net balance of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate 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$16.4M, International Purchases
- US$111M, International Sales
In July 2024, international sales of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate were US$111M, while international purchases reached US$16.4M. The above results in a trade balance of US$94.3M.
Market Concentration
#permalink to section2024-Q3: US$81.5M, International Sales
The visualization shows the quarterly concentration of international sales of Sugar Confectionery not Containing Cocoa, Incl. White Chocolate at state level.
In the third quarter of 2024, international sales were US$81.5M, being the states with the most sales Nuevo León (US$17.8M), San Luis Potosí (US$14.3M), and Estado de México (US$13.2M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$315M, State with the Most International Sales (2023)
United States: US$930M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Sugar Confectionery not Containing Cocoa, Incl. White Chocolate were Chihuahua (US$315M), Nuevo León (US$189M), Baja California (US$133M), Jalisco (US$111M), and Estado de México (US$100M).
In 2023, the countries with the most international purchases from Mexico were United States (US$930M), Canada (US$13.8M), Colombia (US$12.4M), Guatemala (US$12M), and Honduras (US$8.81M).
International Purchases
#permalink to sectionCiudad de México: US$40.9M, State with the Most International Purchases (2023)
United States: US$88.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Sugar Confectionery not Containing Cocoa, Incl. White Chocolate were Ciudad de México (US$40.9M), Jalisco (US$35.4M), Baja California (US$32.6M), Estado de México (US$27.7M), and Nuevo León (US$13.4M).
The countries with the most international sales to Mexico in 2023 were United States (US$88.9M), Guatemala (US$27.8M), China (US$25.1M), Ecuador (US$7.38M), and Spain (US$4.21M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Sugar Confectionery not Containing Cocoa, Incl. White Chocolate and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Sugar Confectionery not Containing Cocoa, Incl. White Chocolate. 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- 8.36%, Mexican share in global exports - 2022
- 0.89%, Mexican share in global imports - 2022
The visualizations show the global market for Sugar Confectionery not Containing Cocoa, Incl. White Chocolate. 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 Confectionery not Containing Cocoa, Incl. White Chocolate were Germany (US$1.66B), China (US$1.22B), and Mexico (US$1.14B). In the same year, the main importing countries for Sugar Confectionery not Containing Cocoa, Incl. White Chocolate were United States (US$2.86B), Germany (US$766M), and United Kingdom (US$765M).