Código 151590 (Harmonized System 2012 by 6 digits)
2023: US$293M, Total Trade Exchange
2023: US$258M, International Sales
2023: US$35M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") was US$293M.
In 2023, the states with the most international sales in Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were Jalisco (US$183M), Michoacán de Ocampo (US$44.9M), Estado de México (US$3.44M), Ciudad de México (US$2.6M), and Baja California (US$12.6k).
The states with the most international purchases in 2023 were Nuevo León (US$13.5M), Jalisco (US$10.7M), Estado de México (US$4.5M), Ciudad de México (US$2.37M), and Sonora (US$681k).
In 2023, the main commercial destinations of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were United States (US$214M), Spain (US$4.67M), South Korea (US$3.8M), Canada (US$3.62M), and France (US$2.95M).
The main commercial origins of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") in 2023 were Spain (US$10M), Italy (US$5.01M), Colombia (US$3.53M), Kenya (US$3.49M), and France (US$2.93M).
In the global context, the main exporting countries of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") in 2022 were United States (US$307M), Spain (US$272M), and Mexico (US$263M). In the same year, the main importing countries of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were United States (US$539M), France (US$232M), and India (US$175M).
US$293M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") in Mexico (including international purchases and sales) was US$293M.
The visualizations show the net balance of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") 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.
July, 2024
In July 2024, international sales of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were US$39.7M, while international purchases reached US$5.04M. The above results in a trade balance of US$34.6M.
2024-Q3: US$36.7M, International Sales
The visualization shows the quarterly concentration of international sales of Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") at state level.
In the third quarter of 2024, international sales were US$36.7M, being the states with the most sales Jalisco (US$31.8M), Michoacán de Ocampo (US$4.72M), and Ciudad de México (US$188k).
Jalisco: US$183M, State with the Most International Sales (2023)
United States: US$214M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were Jalisco (US$183M), Michoacán de Ocampo (US$44.9M), Estado de México (US$3.44M), Ciudad de México (US$2.6M), and Baja California (US$12.6k).
In 2023, the countries with the most international purchases from Mexico were United States (US$214M), Spain (US$4.67M), South Korea (US$3.8M), Canada (US$3.62M), and France (US$2.95M).
Nuevo León: US$13.5M, State with the Most International Purchases (2023)
Spain: US$10M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were Nuevo León (US$13.5M), Jalisco (US$10.7M), Estado de México (US$4.5M), Ciudad de México (US$2.37M), and Sonora (US$681k).
The countries with the most international sales to Mexico in 2023 were Spain (US$10M), Italy (US$5.01M), Colombia (US$3.53M), Kenya (US$3.49M), and France (US$2.93M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame"). 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.
The visualizations show the global market for Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame"). 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 Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were United States (US$307M), Spain (US$272M), and Mexico (US$263M). In the same year, the main importing countries for Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were United States (US$539M), France (US$232M), and India (US$175M).