ProceduresGovernment

Vitamin B2 and Derivatives Primarily as Vitamins

Código 293623 (Harmonized System 2012 by 6 digits)

 2023: US$5.18M, Total Trade Exchange

2023: US$268k, International Sales

  2023: US$4.91M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Vitamin B2 and Derivatives Primarily as Vitamins was US$5.18M.

In 2023, the states with the most international sales in Vitamin B2 and Derivatives Primarily as Vitamins were Jalisco (US$250k).

The states with the most international purchases in 2023 were Jalisco (US$2.51M), Ciudad de México (US$1.29M), Estado de México (US$717k), and Querétaro (US$109k).

In 2023, the main commercial destinations of Vitamin B2 and Derivatives Primarily as Vitamins were El Salvador (US$69.8k), Jamaica (US$46.2k), Barbados (US$41.4k), Haiti (US$22.5k), and Dominican Republic (US$22k).

The main commercial origins of Vitamin B2 and Derivatives Primarily as Vitamins in 2023 were Germany (US$1.73M), China (US$1.3M), South Korea (US$1.15M), France (US$367k), and India (US$71.9k).

In the global context, the main exporting countries of Vitamin B2 and Derivatives Primarily as Vitamins in 2022 were China (US$71.5M), Germany (US$66.7M), and Netherlands (US$62.1M). In the same year, the main importing countries of Vitamin B2 and Derivatives Primarily as Vitamins were United States (US$50.4M), Germany (US$28.2M), and France (US$19.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$5.18M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Vitamin B2 and Derivatives Primarily as Vitamins in Mexico (including international purchases and sales) was US$5.18M.

The visualizations show the net balance of Vitamin B2 and Derivatives 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

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July, 2024: US$512k, International Purchases

In July 2024, international sales of Vitamin B2 and Derivatives Primarily as Vitamins were US$0, while international purchases reached US$512k. The above results in a trade balance of -US$512k.

Exchange by Territory

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International Sales

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Jalisco: US$250k, State with the Most International Sales (2023)

El Salvador: US$69.8k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Vitamin B2 and Derivatives Primarily as Vitamins were Jalisco (US$250k).

In 2023, the countries with the most international purchases from Mexico were El Salvador (US$69.8k), Jamaica (US$46.2k), Barbados (US$41.4k), Haiti (US$22.5k), and Dominican Republic (US$22k).

International Purchases

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Jalisco: US$2.51M, State with the Most International Purchases (2023)

Germany: US$1.73M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Vitamin B2 and Derivatives Primarily as Vitamins were Jalisco (US$2.51M), Ciudad de México (US$1.29M), Estado de México (US$717k), and Querétaro (US$109k).

The countries with the most international sales to Mexico in 2023 were Germany (US$1.73M), China (US$1.3M), South Korea (US$1.15M), France (US$367k), and India (US$71.9k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vitamin B2 and Derivatives 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 B2 and Derivatives 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.

Origins and Trade Destinations

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  • 0.053%, Mexican share in global exports - 2022
  • 1.75%, Mexican share in global imports - 2022

The visualizations show the global market for Vitamin B2 and Derivatives 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 B2 and Derivatives Primarily as Vitamins were China (US$71.5M), Germany (US$66.7M), and Netherlands (US$62.1M). In the same year, the main importing countries for Vitamin B2 and Derivatives Primarily as Vitamins were United States (US$50.4M), Germany (US$28.2M), and France (US$19.8M).