Beverages, Spirits and Vinegar
Code 22 (Harmonized System 2012 by 2 digits)
2024: US$13.8B, Total Trade Exchange
2024: US$12.6B, International Sales
2024: US$1.21B, International Purchases
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionUnited States: US$11B, Main commercial destination (2024)
In 2024, the countries with the most international purchases from Mexico were United States (US$11B), Colombia (US$109M), Guatemala (US$107M), Japan (US$107M), and Spain (US$89.6M).
International Purchases
#permalink to sectionUnited States: US$508M, Main Commercial Origin (2024)
The countries with the most international sales to Mexico in 2024 were United States (US$508M), Spain (US$151M), United Kingdom (US$143M), France (US$105M), and Italy (US$102M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Beverages, Spirits and Vinegar and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Beverages, Spirits and Vinegar. 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- 8.72%, Mexican share in global exports - 2022
- 0.76%, Mexican share in global imports - 2022
The visualizations show the global market for Beverages, Spirits and Vinegar. 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 Beverages, Spirits and Vinegar were France (US$23.5B), Mexico (US$13.1B), and Italy (US$13B). In the same year, the main importing countries for Beverages, Spirits and Vinegar were United States (US$32B), United Kingdom (US$9.89B), and Germany (US$9.12B).