ProceduresGovernment

Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305

Código 2306 (Harmonized System 2012 by 4 digits)

 2024: US$21.4M, Total Trade Exchange

2024: US$803k, International Sales

  2024: US$20.6M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 was US$21.4M.

In 2024, the states with the most international sales in Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 were Guanajuato (US$706k).

The states with the most international purchases in 2024 were Jalisco (US$8.57M), Ciudad de México (US$3.5M), and Nuevo León (US$3.15M).

In 2024, the main commercial destinations of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 were United States (US$352k), Japan (US$295k), Netherlands (US$41.8k), Australia (US$9.51k), and Singapore (US$5.53k).

The main commercial origins of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 in 2024 were United States (US$10.9M), Canada (US$4.14M), India (US$122k), China (US$81.6k), and Sweden (US$11.3k).

In the global context, the main exporting countries of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 in 2022 were Indonesia (US$2.44B), Canada (US$1.96B), and Ukraine (US$819M). In the same year, the main importing countries of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 were China (US$2.43B), United States (US$1.28B), and Netherlands (US$791M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$21.4M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 in Mexico (including international purchases and sales) was US$21.4M.

The visualizations show the net balance of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 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 section

December, 2024: US$1.6M, International Purchases

In December 2024, international sales of Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 were US$0, while international purchases reached US$1.6M. The above results in a trade balance of -US$1.6M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section
Year

Guanajuato: US$706k, State with the Most International Sales (2024)

United States: US$352k, Main commercial destination (2024)

In 2024, the states with the highest international sales in Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 were Guanajuato (US$706k).

In 2024, the countries with the most international purchases from Mexico were United States (US$352k), Japan (US$295k), Netherlands (US$41.8k), Australia (US$9.51k), and Singapore (US$5.53k).

International Purchases

#permalink to section

Jalisco: US$8.57M, State with the Most International Purchases (2024)

United States: US$10.9M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 were Jalisco (US$8.57M), Ciudad de México (US$3.5M), and Nuevo León (US$3.15M).

The countries with the most international sales to Mexico in 2024 were United States (US$10.9M), Canada (US$4.14M), India (US$122k), China (US$81.6k), and Sweden (US$11.3k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305. 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

#permalink to section

  • 0.0043%, Mexican share in global exports - 2022
  • 0.076%, Mexican share in global imports - 2022

The visualizations show the global market for Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305. 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 Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 were Indonesia (US$2.44B), Canada (US$1.96B), and Ukraine (US$819M). In the same year, the main importing countries for Cakes and other Solid Residues from the Extraction of Vegetable Fats or Oils, Including Ground or in "Pellets", other than those of Heading 2304 or 2305 were China (US$2.43B), United States (US$1.28B), and Netherlands (US$791M).