Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio)
Código 130219 (Harmonized System 2012 by 6 digits)
2023: US$95.6M, Total Trade Exchange
2023: US$56.5M, International Sales
2023: US$39M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) was US$95.6M.
In 2023, the states with the most international sales in Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) were Tamaulipas (US$31.4M), Baja California (US$12.9M), Nuevo León (US$1.58M), Chihuahua (US$1.08M), and Ciudad de México (US$818k).
The states with the most international purchases in 2023 were Ciudad de México (US$17.2M), Jalisco (US$7.42M), Estado de México (US$5.92M), Morelos (US$2.88M), and Baja California (US$2.26M).
In 2023, the main commercial destinations of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) were United States (US$31.2M), Germany (US$4.75M), Italy (US$3.75M), South Korea (US$1.62M), and France (US$1.4M).
The main commercial origins of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) in 2023 were Spain (US$8.52M), China (US$5.69M), United States (US$5.45M), Germany (US$4.99M), and France (US$2.87M).
In the global context, the main exporting countries of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) in 2022 were China (US$1.16B), India (US$547M), and France (US$355M). In the same year, the main importing countries of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) were United States (US$991M), Germany (US$274M), and South Korea (US$258M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$95.6M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) in Mexico (including international purchases and sales) was US$95.6M.
The visualizations show the net balance of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) 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$2.46M, International Purchases
- US$4.23M, International Sales
In November 2024, international sales of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) were US$4.23M, while international purchases reached US$2.46M. The above results in a trade balance of US$1.77M.
Market Concentration
#permalink to section2024-Q4: US$8.61M, International Sales
The visualization shows the quarterly concentration of international sales of Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) at state level.
In the fourth quarter of 2024, international sales were US$8.61M, being the states with the most sales Tamaulipas (US$5.26M), Baja California (US$2.34M), and Nuevo León (US$398k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$31.4M, State with the Most International Sales (2023)
United States: US$31.2M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) were Tamaulipas (US$31.4M), Baja California (US$12.9M), Nuevo León (US$1.58M), Chihuahua (US$1.08M), and Ciudad de México (US$818k).
In 2023, the countries with the most international purchases from Mexico were United States (US$31.2M), Germany (US$4.75M), Italy (US$3.75M), South Korea (US$1.62M), and France (US$1.4M).
International Purchases
#permalink to sectionCiudad de México: US$17.2M, State with the Most International Purchases (2023)
Spain: US$8.52M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) were Ciudad de México (US$17.2M), Jalisco (US$7.42M), Estado de México (US$5.92M), Morelos (US$2.88M), and Baja California (US$2.26M).
The countries with the most international sales to Mexico in 2023 were Spain (US$8.52M), China (US$5.69M), United States (US$5.45M), Germany (US$4.99M), and France (US$2.87M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio). 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- 1.64%, Mexican share in global exports - 2022
- 2.81%, Mexican share in global imports - 2022
The visualizations show the global market for Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio). 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 Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) were China (US$1.16B), India (US$547M), and France (US$355M). In the same year, the main importing countries for Vegetable Saps and Extracts (Excl. Liquorice, Hops, as well as Opio) were United States (US$991M), Germany (US$274M), and South Korea (US$258M).