Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener
Código 0402 (Harmonized System 2012 by 4 digits)
2023: US$1.25B, Total Trade Exchange
2023: US$114M, International Sales
2023: US$1.13B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener was US$1.25B.
In 2023, the states with the most international sales in Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener were Ciudad de México (US$77M), Jalisco (US$17.5M), Baja California (US$10.4M), Yucatán (US$3.44M), and Nuevo León (US$1.49M).
The states with the most international purchases in 2023 were Ciudad de México (US$241M), Estado de México (US$166M), Puebla (US$116M), Jalisco (US$65.5M), and Nuevo León (US$59.4M).
In 2023, the main commercial destinations of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener were United States (US$85.9M), Belize (US$4.63M), Costa Rica (US$3.79M), New Zealand (US$3.07M), and Australia (US$3.04M).
The main commercial origins of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener in 2023 were United States (US$723M), New Zealand (US$11.6M), Uruguay (US$5.89M), Chile (US$4.63M), and Argentina (US$2.85M).
In the global context, the main exporting countries of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener in 2022 were New Zealand (US$7.23B), United States (US$3.19B), and Netherlands (US$2.4B). In the same year, the main importing countries of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener were China (US$4.15B), Algeria (US$1.62B), and Mexico (US$1.3B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.25B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener in Mexico (including international purchases and sales) was US$1.25B.
The visualizations show the net balance of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener 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$81M, International Purchases
- US$12.5M, International Sales
In July 2024, international sales of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener were US$12.5M, while international purchases reached US$81M. The above results in a trade balance of -US$68.5M.
Market Concentration
#permalink to section2024-Q3: US$9.66M, International Sales
The visualization shows the quarterly concentration of international sales of Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener at state level.
In the third quarter of 2024, international sales were US$9.66M, being the states with the most sales Ciudad de México (US$9.52M) and Nuevo León (US$136k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$77M, State with the Most International Sales (2023)
United States: US$85.9M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener were Ciudad de México (US$77M), Jalisco (US$17.5M), Baja California (US$10.4M), Yucatán (US$3.44M), and Nuevo León (US$1.49M).
In 2023, the countries with the most international purchases from Mexico were United States (US$85.9M), Belize (US$4.63M), Costa Rica (US$3.79M), New Zealand (US$3.07M), and Australia (US$3.04M).
International Purchases
#permalink to sectionCiudad de México: US$241M, State with the Most International Purchases (2023)
United States: US$723M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener were Ciudad de México (US$241M), Estado de México (US$166M), Puebla (US$116M), Jalisco (US$65.5M), and Nuevo León (US$59.4M).
The countries with the most international sales to Mexico in 2023 were United States (US$723M), New Zealand (US$11.6M), Uruguay (US$5.89M), Chile (US$4.63M), and Argentina (US$2.85M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener. 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- 0.22%, Mexican share in global exports - 2022
- 4.64%, Mexican share in global imports - 2022
The visualizations show the global market for Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener. 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 Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener were New Zealand (US$7.23B), United States (US$3.19B), and Netherlands (US$2.4B). In the same year, the main importing countries for Milk and Cream (Cream), Concentrated or Containing Added Sugar or other Sweetener were China (US$4.15B), Algeria (US$1.62B), and Mexico (US$1.3B).