ProceduresGovernment

Wheat and Meslin (Tranquillon)

Código 1001 (Harmonized System 2012 by 4 digits)

 2023: US$2.12B, Total Trade Exchange

2023: US$319M, International Sales

  2023: US$1.8B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wheat and Meslin (Tranquillon) was US$2.12B.

In 2023, the states with the most international sales in Wheat and Meslin (Tranquillon) were Ciudad de México (US$182M), Sonora (US$117M), and Baja California (US$19.7M).

The states with the most international purchases in 2023 were Ciudad de México (US$1.21B) and Baja California (US$21.7M).

In 2023, the main commercial destinations of Wheat and Meslin (Tranquillon) were Algeria (US$241M), Venezuela (US$26.2M), Guatemala (US$15.5M), France (US$14.6M), and Canada (US$9.37M).

The main commercial origins of Wheat and Meslin (Tranquillon) 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 (Tranquillon) in 2022 were Australia (US$10.3B), United States (US$9.01B), and Canada (US$8.87B). In the same year, the main importing countries of Wheat and Meslin (Tranquillon) were Egypt (US$4.57B), China (US$4.26B), and Indonesia (US$3.59B).

Trade Balance of Mexico

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Net Trade Balance

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US$2.12B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wheat and Meslin (Tranquillon) in Mexico (including international purchases and sales) was US$2.12B.

The visualizations show the net balance of Wheat and Meslin (Tranquillon) 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$146M, International Purchases

In July 2024, international sales of Wheat and Meslin (Tranquillon) were US$0, while international purchases reached US$146M. The above results in a trade balance of -US$146M.

Exchange by Territory

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International Sales

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Ciudad de México: US$182M, State with the Most International Sales (2023)

Algeria: US$241M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wheat and Meslin (Tranquillon) were Ciudad de México (US$182M), Sonora (US$117M), and Baja California (US$19.7M).

In 2023, the countries with the most international purchases from Mexico were Algeria (US$241M), Venezuela (US$26.2M), Guatemala (US$15.5M), France (US$14.6M), and Canada (US$9.37M).

International Purchases

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Ciudad 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 (Tranquillon) 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

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wheat and Meslin (Tranquillon)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wheat and Meslin (Tranquillon). 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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  • 0.096%, Mexican share in global exports - 2022
  • 1.71%, Mexican share in global imports - 2022

The visualizations show the global market for Wheat and Meslin (Tranquillon). 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 (Tranquillon) were Australia (US$10.3B), United States (US$9.01B), and Canada (US$8.87B). In the same year, the main importing countries for Wheat and Meslin (Tranquillon) were Egypt (US$4.57B), China (US$4.26B), and Indonesia (US$3.59B).