Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets"
Código 2304 (Harmonized System 2012 by 4 digits)
2023: US$29.5k, International Sales
2024: US$933M, International Purchases
In 2018, the states with the most international sales in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Nuevo León (US$7.02k).
The states with the most international purchases in 2024 were Durango (US$192M), Jalisco (US$183M), Aguascalientes (US$65M), Chihuahua (US$46.9M), and Nuevo León (US$45M).
In 2018, the main commercial destinations of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were United States (US$7.02k).
The main commercial origins of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" in 2024 were United States (US$532M), China (US$174k), Netherlands (US$46.1k), Serbia (US$25.2k), and Japan (US$1.31k).
In the global context, the main exporting countries of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" in 2022 were Argentina (US$12.1B), Brazil (US$10.4B), and United States (US$5.41B). In the same year, the main importing countries of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Indonesia (US$2.96B), Vietnam (US$2.5B), and Germany (US$1.51B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" 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 sectionDecember, 2024: US$110M, International Purchases
In December 2024, international sales of Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were US$0, while international purchases reached US$110M. The above results in a trade balance of -US$110M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$7.02k, State with the Most International Sales (2018)
United States: US$7.02k, Main commercial destination (2018)
In 2018, the states with the highest international sales in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Nuevo León (US$7.02k).
In 2018, the countries with the most international purchases from Mexico were United States (US$7.02k).
International Purchases
#permalink to sectionDurango: US$192M, State with the Most International Purchases (2024)
United States: US$532M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Durango (US$192M), Jalisco (US$183M), Aguascalientes (US$65M), Chihuahua (US$46.9M), and Nuevo León (US$45M).
The countries with the most international sales to Mexico in 2024 were United States (US$532M), China (US$174k), Netherlands (US$46.1k), Serbia (US$25.2k), and Japan (US$1.31k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets". 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- 0.0037%, Mexican share in global exports - 2022
- 2.4%, Mexican share in global imports - 2022
The visualizations show the global market for Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets". 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 Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Argentina (US$12.1B), Brazil (US$10.4B), and United States (US$5.41B). In the same year, the main importing countries for Cake and other Solid Residues from the Extraction of Soybean Oil (Soya), Including Ground or in "Pellets" were Indonesia (US$2.96B), Vietnam (US$2.5B), and Germany (US$1.51B).