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Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified

Código 1901 (Harmonized System 2012 by 4 digits)

 2023: US$915M, Total Trade Exchange

2023: US$536M, International Sales

  2023: US$378M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified was US$915M.

In 2023, the states with the most international sales in Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified were Ciudad de México (US$476M), Estado de México (US$15.9M), Chihuahua (US$12.1M), Jalisco (US$7.97M), and Guanajuato (US$5.37M).

The states with the most international purchases in 2023 were Ciudad de México (US$136M), Estado de México (US$96.5M), Jalisco (US$46.2M), Nuevo León (US$21.2M), and Baja California (US$19.7M).

In 2023, the main commercial destinations of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified were United States (US$117M), Dominican Republic (US$53.4M), Guatemala (US$39.3M), Honduras (US$34.6M), and Nicaragua (US$31.6M).

The main commercial origins of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified in 2023 were United States (US$194M), Netherlands (US$49.4M), Spain (US$22.8M), Canada (US$22.4M), and Germany (US$16.1M).

In the global context, the main exporting countries of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified in 2022 were Netherlands (US$3.78B), France (US$2.27B), and Germany (US$2.21B). In the same year, the main importing countries of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified were China (US$4.8B), United States (US$1.46B), and United Kingdom (US$854M).

Trade Balance of Mexico

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Net Trade Balance

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US$915M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified in Mexico (including international purchases and sales) was US$915M.

The visualizations show the net balance of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified 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$35M, International Purchases
  • US$44.6M, International Sales

In July 2024, international sales of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified were US$44.6M, while international purchases reached US$35M. The above results in a trade balance of US$9.61M.

Market Concentration

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2024-Q3: US$43.4M, International Sales

The visualization shows the quarterly concentration of international sales of Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified at state level.

In the third quarter of 2024, international sales were US$43.4M, being the states with the most sales Ciudad de México (US$39.1M), Jalisco (US$2.32M), and Estado de México (US$961k).

Exchange by Territory

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International Sales

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Ciudad de México: US$476M, State with the Most International Sales (2023)

United States: US$117M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified were Ciudad de México (US$476M), Estado de México (US$15.9M), Chihuahua (US$12.1M), Jalisco (US$7.97M), and Guanajuato (US$5.37M).

In 2023, the countries with the most international purchases from Mexico were United States (US$117M), Dominican Republic (US$53.4M), Guatemala (US$39.3M), Honduras (US$34.6M), and Nicaragua (US$31.6M).

International Purchases

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Ciudad de México: US$136M, State with the Most International Purchases (2023)

United States: US$194M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified were Ciudad de México (US$136M), Estado de México (US$96.5M), Jalisco (US$46.2M), Nuevo León (US$21.2M), and Baja California (US$19.7M).

The countries with the most international sales to Mexico in 2023 were United States (US$194M), Netherlands (US$49.4M), Spain (US$22.8M), Canada (US$22.4M), and Germany (US$16.1M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified. 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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  • 1.68%, Mexican share in global exports - 2022
  • 0.95%, Mexican share in global imports - 2022

The visualizations show the global market for Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified. 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 Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified were Netherlands (US$3.78B), France (US$2.27B), and Germany (US$2.21B). In the same year, the main importing countries for Malt Extract; Food Preparations of Flour, Groats, Meal, Starch or Malt Extract, Cocoa Content less than 40% by Weight, not elsewhere Specified were China (US$4.8B), United States (US$1.46B), and United Kingdom (US$854M).