Vegetable Products not elsewhere Specified or Included Elsewhere
Código 1404 (Harmonized System 2012 by 4 digits)
2023: US$89.2M, Total Trade Exchange
2023: US$54.8M, International Sales
2023: US$34.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Vegetable Products not elsewhere Specified or Included Elsewhere was US$89.2M.
In 2023, the states with the most international sales in Vegetable Products not elsewhere Specified or Included Elsewhere were Nuevo León (US$17.2M), Jalisco (US$9.34M), Veracruz de Ignacio de la Llave (US$6.54M), Aguascalientes (US$6.2M), and San Luis Potosí (US$5.99M).
The states with the most international purchases in 2023 were Jalisco (US$12M), Querétaro (US$7.95M), Guanajuato (US$5.41M), Ciudad de México (US$1.93M), and Nuevo León (US$1.8M).
In 2023, the main commercial destinations of Vegetable Products not elsewhere Specified or Included Elsewhere were United States (US$44.2M), China (US$2.49M), Sri Lanka (US$656k), Belgium (US$513k), and Germany (US$421k).
The main commercial origins of Vegetable Products not elsewhere Specified or Included Elsewhere in 2023 were Sri Lanka (US$21.6M), Peru (US$2.65M), India (US$2.61M), China (US$1.29M), and United States (US$1.1M).
In the global context, the main exporting countries of Vegetable Products not elsewhere Specified or Included Elsewhere in 2022 were Indonesia (US$408M), India (US$198M), and Sri Lanka (US$133M). In the same year, the main importing countries of Vegetable Products not elsewhere Specified or Included Elsewhere were Japan (US$417M), United States (US$148M), and South Korea (US$127M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$89.2M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Vegetable Products not elsewhere Specified or Included Elsewhere in Mexico (including international purchases and sales) was US$89.2M.
The visualizations show the net balance of Vegetable Products not elsewhere 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
#permalink to sectionJuly, 2024
- US$2.94M, International Purchases
- US$6.66M, International Sales
In July 2024, international sales of Vegetable Products not elsewhere Specified or Included Elsewhere were US$6.66M, while international purchases reached US$2.94M. The above results in a trade balance of US$3.72M.
Market Concentration
#permalink to section2024-Q3: US$6.16M, International Sales
The visualization shows the quarterly concentration of international sales of Vegetable Products not elsewhere Specified or Included Elsewhere at state level.
In the third quarter of 2024, international sales were US$6.16M, being the states with the most sales Nuevo León (US$1.6M), Aguascalientes (US$1.38M), and Jalisco (US$905k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$17.2M, State with the Most International Sales (2023)
United States: US$44.2M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Vegetable Products not elsewhere Specified or Included Elsewhere were Nuevo León (US$17.2M), Jalisco (US$9.34M), Veracruz de Ignacio de la Llave (US$6.54M), Aguascalientes (US$6.2M), and San Luis Potosí (US$5.99M).
In 2023, the countries with the most international purchases from Mexico were United States (US$44.2M), China (US$2.49M), Sri Lanka (US$656k), Belgium (US$513k), and Germany (US$421k).
International Purchases
#permalink to sectionJalisco: US$12M, State with the Most International Purchases (2023)
Sri Lanka: US$21.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Vegetable Products not elsewhere Specified or Included Elsewhere were Jalisco (US$12M), Querétaro (US$7.95M), Guanajuato (US$5.41M), Ciudad de México (US$1.93M), and Nuevo León (US$1.8M).
The countries with the most international sales to Mexico in 2023 were Sri Lanka (US$21.6M), Peru (US$2.65M), India (US$2.61M), China (US$1.29M), and United States (US$1.1M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Vegetable Products not elsewhere 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 Products not elsewhere 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 3.76%, Mexican share in global exports - 2022
- 1.23%, Mexican share in global imports - 2022
The visualizations show the global market for Vegetable Products not elsewhere 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 Products not elsewhere Specified or Included Elsewhere were Indonesia (US$408M), India (US$198M), and Sri Lanka (US$133M). In the same year, the main importing countries for Vegetable Products not elsewhere Specified or Included Elsewhere were Japan (US$417M), United States (US$148M), and South Korea (US$127M).