Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat)
Código 100199 (Harmonized System 2012 by 6 digits)
2023: US$1.86B, Total Trade Exchange
2023: US$63.5M, International Sales
2023: US$1.8B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) was US$1.86B.
The states with the most international purchases in 2023 were Ciudad de México (US$1.21B) and Baja California (US$21.7M).
The main commercial origins of Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) in 2023 were United States (US$612M), Russia (US$303M), Canada (US$261M), Lithuania (US$28M), and France (US$23.5M).
In the global context, the main exporting countries of Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) in 2022 were Australia (US$9.62B), United States (US$7.46B), and France (US$6.67B). In the same year, the main importing countries of Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) were Indonesia (US$3.58B), China (US$3.36B), and Turkey (US$2.75B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.86B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) in Mexico (including international purchases and sales) was US$1.86B.
The visualizations show the net balance of Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) 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$146M, International Purchases
In July 2024, international sales of Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) were US$0, while international purchases reached US$146M. The above results in a trade balance of -US$146M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$1.21B, State with the Most International Purchases (2023)
United States: US$612M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) were Ciudad de México (US$1.21B) and Baja California (US$21.7M).
The countries with the most international sales to Mexico in 2023 were United States (US$612M), Russia (US$303M), Canada (US$261M), Lithuania (US$28M), and France (US$23.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat). 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- 0.000016%, Mexican share in global exports - 2022
- 2.15%, Mexican share in global imports - 2022
The visualizations show the global market for Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat). 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 Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) were Australia (US$9.62B), United States (US$7.46B), and France (US$6.67B). In the same year, the main importing countries for Wheat and Meslin (Excl. Seed Potatoes for Planting, and Durum Wheat) were Indonesia (US$3.58B), China (US$3.36B), and Turkey (US$2.75B).