Tobacco and Tobacco Products
Code 24 (Harmonized System 2012 by 2 digits)
2023: US$330M, Total Trade Exchange
2023: US$265M, International Sales
2023: US$64.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Tobacco and Tobacco Products was US$330M.
In 2023, the states with the most international sales in Tobacco and Tobacco Products were Ciudad de México (US$92.9M), Veracruz de Ignacio de la Llave (US$25.7M), and Baja California (US$10.6M).
The states with the most international purchases in 2023 were Ciudad de México (US$52.3M), Nuevo León (US$6.74M), Baja California (US$5.01M), and Jalisco (US$513k).
In 2023, the main commercial destinations of Tobacco and Tobacco Products were Colombia (US$46.4M), Canada (US$20.9M), Nicaragua (US$10.4M), United States (US$9.87M), and Dominican Republic (US$9.48M).
The main commercial origins of Tobacco and Tobacco Products in 2023 were United States (US$33.6M), Poland (US$11.2M), Canada (US$5.56M), Cuba (US$3.87M), and Turkey (US$2.98M).
In the global context, the main exporting countries of Tobacco and Tobacco Products in 2022 were Poland (US$5.11B), United Arab Emirates (US$5.01B), and Germany (US$2.87B). In the same year, the main importing countries of Tobacco and Tobacco Products were Germany (US$2.99B), Japan (US$2.92B), and United States (US$2.43B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$330M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Tobacco and Tobacco Products in Mexico (including international purchases and sales) was US$330M.
The visualizations show the net balance of Tobacco and Tobacco Products 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$25.5M, International Sales
- US$4.67M, International Purchases
In July 2024, international sales of Tobacco and Tobacco Products were US$25.5M and a total of US$4.67M in international purchases. For this month the net trade balance of Tobacco and Tobacco Products it was of US$20.8M.
Market Concentration
#permalink to section2024-Q3: US$4.94M, International Sales
The visualization shows the quarterly concentration of international sales of Tobacco and Tobacco Products at state level.
In the third quarter of 2024, international sales were US$4.94M, being the states with the most sales Veracruz de Ignacio de la Llave (US$3.66M) and Baja California (US$1.28M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$92.9M, State with the Most International Sales (2023)
Colombia: US$46.4M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Tobacco and Tobacco Products were Ciudad de México (US$92.9M), Veracruz de Ignacio de la Llave (US$25.7M), and Baja California (US$10.6M).
In 2023, the countries with the most international purchases from Mexico were Colombia (US$46.4M), Canada (US$20.9M), Nicaragua (US$10.4M), United States (US$9.87M), and Dominican Republic (US$9.48M).
International Purchases
#permalink to sectionCiudad de México: US$52.3M, State with the Most International Purchases (2023)
United States: US$33.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Tobacco and Tobacco Products were Ciudad de México (US$52.3M), Nuevo León (US$6.74M), Baja California (US$5.01M), and Jalisco (US$513k).
The countries with the most international sales to Mexico in 2023 were United States (US$33.6M), Poland (US$11.2M), Canada (US$5.56M), Cuba (US$3.87M), and Turkey (US$2.98M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Tobacco and Tobacco Products and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Tobacco and Tobacco Products. 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- 0.71%, Mexican share in global exports - 2022
- 0.22%, Mexican share in global imports - 2022
The visualizations show the global market for Tobacco and Tobacco Products. 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 Tobacco and Tobacco Products were Poland (US$5.11B), United Arab Emirates (US$5.01B), and Germany (US$2.87B). In the same year, the main importing countries for Tobacco and Tobacco Products were Germany (US$2.99B), Japan (US$2.92B), and United States (US$2.43B).