Vanilla
Código 0905 (Harmonized System 2012 by 4 digits)
2023: US$629k, Total Trade Exchange
2023: US$510k, International Sales
2023: US$119k, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Vanilla was US$629k.
In 2023, the states with the most international sales in Vanilla were Veracruz de Ignacio de la Llave (US$337k) and Ciudad de México (US$212).
The states with the most international purchases in 2023 were Ciudad de México (US$95.4k).
In 2023, the main commercial destinations of Vanilla were United States (US$208k), France (US$73.8k), Germany (US$45.7k), Japan (US$9.86k), and United Arab Emirates (US$106).
The main commercial origins of Vanilla in 2023 were Malaysia (US$72k), Madagascar (US$20.1k), United States (US$2.03k), and Morocco (US$1.28k).
In the global context, the main exporting countries of Vanilla in 2022 were Madagascar (US$654M), France (US$67.3M), and Uganda (US$44.5M). In the same year, the main importing countries of Vanilla were United States (US$400M), France (US$215M), and Germany (US$80.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$629k, Total Trade Exchange (2023)
In 2023, the total trade exchange of Vanilla in Mexico (including international purchases and sales) was US$629k.
The visualizations show the net balance of Vanilla 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$13k, International Purchases
- US$167k, International Sales
In July 2024, international sales of Vanilla were US$167k, while international purchases reached US$13k. The above results in a trade balance of US$154k.
Market Concentration
#permalink to section2023-Q4: US$26, International Sales
The visualization shows the quarterly concentration of international sales of Vanilla at state level.
In the fourth quarter of 2023, international sales were US$26, being the states with the most sales Ciudad de México (US$26).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$337k, State with the Most International Sales (2023)
United States: US$208k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Vanilla were Veracruz de Ignacio de la Llave (US$337k) and Ciudad de México (US$212).
In 2023, the countries with the most international purchases from Mexico were United States (US$208k), France (US$73.8k), Germany (US$45.7k), Japan (US$9.86k), and United Arab Emirates (US$106).
International Purchases
#permalink to sectionCiudad de México: US$95.4k, State with the Most International Purchases (2023)
Malaysia: US$72k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Vanilla were Ciudad de México (US$95.4k).
The countries with the most international sales to Mexico in 2023 were Malaysia (US$72k), Madagascar (US$20.1k), United States (US$2.03k), and Morocco (US$1.28k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Vanilla and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Vanilla. 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- 0.1%, Mexican share in global exports - 2022
- 0.0018%, Mexican share in global imports - 2022
The visualizations show the global market for Vanilla. 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 Vanilla were Madagascar (US$654M), France (US$67.3M), and Uganda (US$44.5M). In the same year, the main importing countries for Vanilla were United States (US$400M), France (US$215M), and Germany (US$80.1M).