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Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere

Código 2308 (Harmonized System 2012 by 4 digits)

 2023: US$4.54M, Total Trade Exchange

2023: US$1.5M, International Sales

  2023: US$3.04M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere was US$4.54M.

In 2023, the states with the most international sales in Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere were Nuevo León (US$264k), Ciudad de México (US$142k), Baja California (US$92.4k), Chihuahua (US$48.8k), and Estado de México (US$2.16k).

The states with the most international purchases in 2023 were Baja California (US$83.2k), Querétaro (US$47.6k), Coahuila de Zaragoza (US$30k), and Ciudad de México (US$19.2k).

In 2023, the main commercial destinations of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere were United States (US$544k), Canada (US$3.6k), Germany (US$1.8k), South Africa (US$300), and Ukraine (US$55).

The main commercial origins of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere in 2023 were United States (US$130k), South Korea (US$45k), Spain (US$2.6k), Belgium (US$1.84k), and China (US$101).

In the global context, the main exporting countries of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere in 2022 were Argentina (US$331M), Brazil (US$97.3M), and United States (US$68.5M). In the same year, the main importing countries of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere were United Kingdom (US$161M), Ireland (US$142M), and Germany (US$88.4M).

Trade Balance of Mexico

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Net Trade Balance

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US$4.54M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere in Mexico (including international purchases and sales) was US$4.54M.

The visualizations show the net balance of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere 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$173k, International Purchases
  • US$48.1k, International Sales

In July 2024, international sales of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere were US$48.1k, while international purchases reached US$173k. The above results in a trade balance of -US$125k.

Market Concentration

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2024-Q2: US$40.7k, International Sales

The visualization shows the quarterly concentration of international sales of Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere at state level.

In the second quarter of 2024, international sales were US$40.7k, being the states with the most sales Ciudad de México (US$37.1k) and Estado de México (US$3.66k).

Exchange by Territory

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International Sales

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Nuevo León: US$264k, State with the Most International Sales (2023)

United States: US$544k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere were Nuevo León (US$264k), Ciudad de México (US$142k), Baja California (US$92.4k), Chihuahua (US$48.8k), and Estado de México (US$2.16k).

In 2023, the countries with the most international purchases from Mexico were United States (US$544k), Canada (US$3.6k), Germany (US$1.8k), South Africa (US$300), and Ukraine (US$55).

International Purchases

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Baja California: US$83.2k, State with the Most International Purchases (2023)

United States: US$130k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere were Baja California (US$83.2k), Querétaro (US$47.6k), Coahuila de Zaragoza (US$30k), and Ciudad de México (US$19.2k).

The countries with the most international sales to Mexico in 2023 were United States (US$130k), South Korea (US$45k), Spain (US$2.6k), Belgium (US$1.84k), and China (US$101).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere. 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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  • 1.08%, Mexican share in global exports - 2022
  • 0.86%, Mexican share in global imports - 2022

The visualizations show the global market for Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere. 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 Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere were Argentina (US$331M), Brazil (US$97.3M), and United States (US$68.5M). In the same year, the main importing countries for Vegetable Materials and Vegetable Waste, Residues and by Vegetables even in "Pellets", of a Kind Used for Feeding the Animals, not Specified or Included Elsewhere were United Kingdom (US$161M), Ireland (US$142M), and Germany (US$88.4M).