Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough
Código 151411 (Harmonized System 2012 by 6 digits)
2009: US$2.8M, International Sales
2023: US$51.8M, International Purchases
The states with the most international purchases in 2023 were Michoacán de Ocampo (US$9.6M).
The main commercial origins of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough in 2023 were Uruguay (US$7.68M), Paraguay (US$1.91M), United States (US$3.88k), and United Kingdom (US$1).
In the global context, the main exporting countries of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough in 2022 were Canada (US$1.51B), Russia (US$1.15B), and France (US$735M). In the same year, the main importing countries of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were China (US$1.44B), United States (US$829M), and Norway (US$664M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" 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
#permalink to sectionJuly, 2024: US$10.2M, International Purchases
In July 2024, international sales of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were US$0, while international purchases reached US$10.2M. The above results in a trade balance of -US$10.2M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionMichoacán de Ocampo: US$9.6M, State with the Most International Purchases (2023)
Uruguay: US$7.68M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were Michoacán de Ocampo (US$9.6M).
The countries with the most international sales to Mexico in 2023 were Uruguay (US$7.68M), Paraguay (US$1.91M), United States (US$3.88k), and United Kingdom (US$1).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.002%, Mexican share in global exports - 2022
- 1.76%, Mexican share in global imports - 2022
The visualizations show the global market for Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" 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 Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were Canada (US$1.51B), Russia (US$1.15B), and France (US$735M). In the same year, the main importing countries for Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were China (US$1.44B), United States (US$829M), and Norway (US$664M).