Vegetable Products
Code 2 (Harmonized System 2012 by Sector)
2023: US$40.6B, Total Trade Exchange
2023: US$21.9B, International Sales
2023: US$18.7B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Vegetable Products was US$40.6B.
In 2023, the states with the most international sales in Vegetable Products were Michoacán de Ocampo (US$4.02B), Jalisco (US$3.58B), Sinaloa (US$2.61B), Sonora (US$2.29B), and Baja California (US$1.92B).
The states with the most international purchases in 2023 were Ciudad de México (US$5.16B), Jalisco (US$2.59B), Nuevo León (US$2.05B), Aguascalientes (US$1.92B), and Yucatán (US$830M).
In 2023, the main commercial destinations of Vegetable Products were United States (US$19.6B), Canada (US$445M), Japan (US$241M), Algeria (US$162M), and Spain (US$142M).
The main commercial origins of Vegetable Products in 2023 were United States (US$11.8B), Brazil (US$1.66B), Canada (US$1.28B), Peru (US$350M), and Australia (US$328M).
In the global context, the main exporting countries of Vegetable Products in 2022 were United States (US$95.4B), Brazil (US$74.3B), and Canada (US$29.1B). In the same year, the main importing countries of Vegetable Products were China (US$106B), United States (US$62.5B), and Germany (US$41.5B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$40.6B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Vegetable Products in Mexico (including international purchases and sales) was US$40.6B.
The visualizations show the net balance of Vegetable Products 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 sectionNovember, 2024
- US$2.19B, International Sales
- US$1.34B, International Purchases
In November 2024, international sales of Vegetable Products were US$2.19B and a total of US$1.34B in international purchases. For this month the net trade balance of Vegetable Products it was of US$853M.
Market Concentration
#permalink to section2024-Q4: US$3.35B, International Sales
The visualization shows the quarterly concentration of international sales of Vegetable Products at state level.
In the fourth quarter of 2024, international sales were US$3.35B, being the states with the most sales Michoacán de Ocampo (US$811M), Jalisco (US$530M), and Sonora (US$291M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionMichoacán de Ocampo: US$4.02B, State with the Most International Sales (2023)
United States: US$19.6B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Vegetable Products were Michoacán de Ocampo (US$4.02B), Jalisco (US$3.58B), Sinaloa (US$2.61B), Sonora (US$2.29B), and Baja California (US$1.92B).
In 2023, the countries with the most international purchases from Mexico were United States (US$19.6B), Canada (US$445M), Japan (US$241M), Algeria (US$162M), and Spain (US$142M).
International Purchases
#permalink to sectionCiudad de México: US$5.16B, State with the Most International Purchases (2023)
United States: US$11.8B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Vegetable Products were Ciudad de México (US$5.16B), Jalisco (US$2.59B), Nuevo León (US$2.05B), Aguascalientes (US$1.92B), and Yucatán (US$830M).
The countries with the most international sales to Mexico in 2023 were United States (US$11.8B), Brazil (US$1.66B), Canada (US$1.28B), Peru (US$350M), and Australia (US$328M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Vegetable Products and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Vegetable Products. 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- 3.1%, Mexican share in global exports - 2022
- 2.32%, Mexican share in global imports - 2022
The visualizations show the global market for Vegetable Products. 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 Products were United States (US$95.4B), Brazil (US$74.3B), and Canada (US$29.1B). In the same year, the main importing countries for Vegetable Products were China (US$106B), United States (US$62.5B), and Germany (US$41.5B).
Product Prices
#permalink to sectionPrice Variations
#permalink to sectionThe graph shows the average quarterly variations of wholesale prices of some some agricultural market products.
You can review the variations for other agri-food markets and different periods by changing the options selected in the upper buttons.
*Reference prices.
Price Evolution
#permalink to sectionThe graph shows the average quarterly evolution of the wholesale, average wholesale or retail price of the product selected in the upper buttons, in addition to the quarterly percentage variation of the price.
*Reference prices.
Product Prices by States
#permalink to sectionThe map shows the monthly average price (wholesale, half wholesale or retail) by federal entity for the product and month selected in the upper buttons.
*Reference prices.