ProceduresGovernment

Sunflower Oil or Safflower Rough

Código 151211 (Harmonized System 2012 by 6 digits)

 2023: US$149M, Total Trade Exchange

2023: US$38.7M, International Sales

  2023: US$110M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sunflower Oil or Safflower Rough was US$149M.

In 2020, the states with the most international sales in Sunflower Oil or Safflower Rough were Ciudad de México (US$1.52M).

The states with the most international purchases in 2023 were Estado de México (US$92.1M) and Ciudad de México (US$20k).

In 2020, the main commercial destinations of Sunflower Oil or Safflower Rough were Spain (US$616k), Japan (US$389k), United States (US$349k), China (US$165k), and Venezuela (US$241).

The main commercial origins of Sunflower Oil or Safflower Rough in 2023 were Argentina (US$91.3M), Spain (US$759k), France (US$2.18k), United States (US$27), and Germany (US$10).

In the global context, the main exporting countries of Sunflower Oil or Safflower Rough in 2022 were Ukraine (US$4.9B), Russia (US$2.64B), and Argentina (US$1.27B). In the same year, the main importing countries of Sunflower Oil or Safflower Rough were India (US$2.83B), Turkey (US$1.85B), and Italy (US$943M).

Trade Balance of Mexico

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Net Trade Balance

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US$149M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sunflower Oil or Safflower Rough in Mexico (including international purchases and sales) was US$149M.

The visualizations show the net balance of Sunflower Oil or Safflower Rough 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$119k, International Purchases
  • US$1.75M, International Sales

In July 2024, international sales of Sunflower Oil or Safflower Rough were US$1.75M, while international purchases reached US$119k. The above results in a trade balance of US$1.63M.

Exchange by Territory

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International Sales

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Year

Ciudad de México: US$1.52M, State with the Most International Sales (2020)

Spain: US$616k, Main commercial destination (2020)

In 2020, the states with the highest international sales in Sunflower Oil or Safflower Rough were Ciudad de México (US$1.52M).

In 2020, the countries with the most international purchases from Mexico were Spain (US$616k), Japan (US$389k), United States (US$349k), China (US$165k), and Venezuela (US$241).

International Purchases

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Estado de México: US$92.1M, State with the Most International Purchases (2023)

Argentina: US$91.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sunflower Oil or Safflower Rough were Estado de México (US$92.1M) and Ciudad de México (US$20k).

The countries with the most international sales to Mexico in 2023 were Argentina (US$91.3M), Spain (US$759k), France (US$2.18k), United States (US$27), and Germany (US$10).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Sunflower Oil or Safflower Rough  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Sunflower Oil or Safflower Rough. 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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  • 0.23%, Mexican share in global exports - 2022
  • 1.36%, Mexican share in global imports - 2022

The visualizations show the global market for Sunflower Oil or Safflower Rough. 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 Sunflower Oil or Safflower Rough were Ukraine (US$4.9B), Russia (US$2.64B), and Argentina (US$1.27B). In the same year, the main importing countries for Sunflower Oil or Safflower Rough were India (US$2.83B), Turkey (US$1.85B), and Italy (US$943M).