Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins
Código 293626 (Harmonized System 2012 by 6 digits)
2023: US$21.6M, Total Trade Exchange
2023: US$3.97M, International Sales
2023: US$17.6M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins was US$21.6M.
In 2023, the states with the most international sales in Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins were Ciudad de México (US$31).
The states with the most international purchases in 2023 were Ciudad de México (US$13.2M), Estado de México (US$2.41M), Jalisco (US$1.7M), and Querétaro (US$315k).
In 2023, the main commercial destinations of Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins were Cuba (US$23), Costa Rica (US$5), and Italy (US$3).
The main commercial origins of Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins in 2023 were France (US$12.9M), China (US$4.23M), Switzerland (US$225k), Germany (US$161k), and United States (US$23.2k).
In the global context, the main exporting countries of Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins in 2022 were China (US$174M), France (US$49.7M), and Netherlands (US$20.6M). In the same year, the main importing countries of Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins were United States (US$76.3M), India (US$35.8M), and Japan (US$17.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$21.6M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins in Mexico (including international purchases and sales) was US$21.6M.
The visualizations show the net balance of Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins 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$173k, International Purchases
In July 2024, international sales of Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins were US$0, while international purchases reached US$173k. The above results in a trade balance of -US$173k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$31, State with the Most International Sales (2023)
Cuba: US$23, Main commercial destination (2023)
In 2023, the states with the highest international sales in Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins were Ciudad de México (US$31).
In 2023, the countries with the most international purchases from Mexico were Cuba (US$23), Costa Rica (US$5), and Italy (US$3).
International Purchases
#permalink to sectionCiudad de México: US$13.2M, State with the Most International Purchases (2023)
France: US$12.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins were Ciudad de México (US$13.2M), Estado de México (US$2.41M), Jalisco (US$1.7M), and Querétaro (US$315k).
The countries with the most international sales to Mexico in 2023 were France (US$12.9M), China (US$4.23M), Switzerland (US$225k), Germany (US$161k), and United States (US$23.2k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins. 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- 1.55%, Mexican share in global exports - 2022
- 3.09%, Mexican share in global imports - 2022
The visualizations show the global market for Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins. 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 Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins were China (US$174M), France (US$49.7M), and Netherlands (US$20.6M). In the same year, the main importing countries for Vitamin B12 and Derivatives Thereof Used Primarily as Vitamins were United States (US$76.3M), India (US$35.8M), and Japan (US$17.1M).