ProceduresGovernment

Turmeric

Código 091030 (Harmonized System 2012 by 6 digits)

 2023: US$1.71M, Total Trade Exchange

2023: US$140k, International Sales

  2023: US$1.57M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Turmeric was US$1.71M.

In 2023, the states with the most international sales in Turmeric were Puebla (US$39.7k) and Ciudad de México (US$3.06k).

The states with the most international purchases in 2023 were Ciudad de México (US$488k), Estado de México (US$461k), Nuevo León (US$174k), Querétaro (US$173k), and Jalisco (US$160k).

In 2023, the main commercial destinations of Turmeric were United States (US$39.4k), Canada (US$3.32k), and Cuba (US$6).

The main commercial origins of Turmeric in 2023 were India (US$1.16M), Peru (US$273k), Spain (US$45.2k), China (US$25.9k), and United States (US$22.5k).

In the global context, the main exporting countries of Turmeric in 2022 were India (US$231M), Burma (US$20M), and Fiji (US$12.3M). In the same year, the main importing countries of Turmeric were United States (US$46.5M), Bangladesh (US$28.7M), and India (US$26.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$1.71M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Turmeric in Mexico (including international purchases and sales) was US$1.71M.

The visualizations show the net balance of Turmeric 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$187k, International Purchases
  • US$4.93k, International Sales

In July 2024, international sales of Turmeric were US$4.93k, while international purchases reached US$187k. The above results in a trade balance of -US$182k.

Exchange by Territory

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International Sales

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Year

Puebla: US$39.7k, State with the Most International Sales (2023)

United States: US$39.4k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Turmeric were Puebla (US$39.7k) and Ciudad de México (US$3.06k).

In 2023, the countries with the most international purchases from Mexico were United States (US$39.4k), Canada (US$3.32k), and Cuba (US$6).

International Purchases

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Ciudad de México: US$488k, State with the Most International Purchases (2023)

India: US$1.16M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Turmeric were Ciudad de México (US$488k), Estado de México (US$461k), Nuevo León (US$174k), Querétaro (US$173k), and Jalisco (US$160k).

The countries with the most international sales to Mexico in 2023 were India (US$1.16M), Peru (US$273k), Spain (US$45.2k), China (US$25.9k), and United States (US$22.5k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Turmeric  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Turmeric. 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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  • 0.025%, Mexican share in global exports - 2022
  • 0.31%, Mexican share in global imports - 2022

The visualizations show the global market for Turmeric. 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 Turmeric were India (US$231M), Burma (US$20M), and Fiji (US$12.3M). In the same year, the main importing countries for Turmeric were United States (US$46.5M), Bangladesh (US$28.7M), and India (US$26.8M).