Cereals
Code 10 (Harmonized System 2012 by 2 digits)
2024: US$8.22B, Total Trade Exchange
2024: US$269M, International Sales
2024: US$7.96B, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Cereals was US$8.22B.
In 2024, the states with the most international sales in Cereals were Ciudad de México (US$211M), Jalisco (US$14.2M), Nuevo León (US$13.8M), Sinaloa (US$10.8M), and Veracruz de Ignacio de la Llave (US$5.6M).
The states with the most international purchases in 2024 were Ciudad de México (US$3.05B), Aguascalientes (US$1.54B), Jalisco (US$1.21B), Yucatán (US$299M), and Veracruz de Ignacio de la Llave (US$293M).
In 2024, the main commercial destinations of Cereals were Algeria (US$127M), Venezuela (US$39.7M), Guatemala (US$29M), United States (US$24.4M), and El Salvador (US$9.83M).
The main commercial origins of Cereals in 2024 were United States (US$6.67B), Canada (US$319M), Russia (US$258M), Thailand (US$107M), and Uruguay (US$38.8M).
In the global context, the main exporting countries of Cereals in 2022 were United States (US$32.9B), Argentina (US$16.9B), and India (US$15.5B). In the same year, the main importing countries of Cereals were China (US$18.6B), Japan (US$9.08B), and Mexico (US$7.15B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$8.22B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Cereals in Mexico (including international purchases and sales) was US$8.22B.
The visualizations show the net balance of Cereals 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 sectionMarch, 2025
- US$31.7M, International Sales
- US$669M, International Purchases
In March 2025, international sales of Cereals were US$31.7M and a total of US$669M in international purchases. For this month the net trade balance of Cereals it was of -US$638M.
Market Concentration
#permalink to section2025-Q1: US$43M, International Sales
The visualization shows the quarterly concentration of international sales of Cereals at state level.
In the first quarter of 2025, international sales were US$43M, being the states with the most sales Ciudad de México (US$33.3M), Jalisco (US$7.27M), and Nuevo León (US$2.01M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$211M, State with the Most International Sales (2024)
Algeria: US$127M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Cereals were Ciudad de México (US$211M), Jalisco (US$14.2M), Nuevo León (US$13.8M), Sinaloa (US$10.8M), and Veracruz de Ignacio de la Llave (US$5.6M).
In 2024, the countries with the most international purchases from Mexico were Algeria (US$127M), Venezuela (US$39.7M), Guatemala (US$29M), United States (US$24.4M), and El Salvador (US$9.83M).
International Purchases
#permalink to sectionCiudad de México: US$3.05B, State with the Most International Purchases (2024)
United States: US$6.67B, Main Commercial Origin (2024)
In 2024, the states with the highest international in Cereals were Ciudad de México (US$3.05B), Aguascalientes (US$1.54B), Jalisco (US$1.21B), Yucatán (US$299M), and Veracruz de Ignacio de la Llave (US$293M).
The countries with the most international sales to Mexico in 2024 were United States (US$6.67B), Canada (US$319M), Russia (US$258M), Thailand (US$107M), and Uruguay (US$38.8M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cereals and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cereals. 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- 0.094%, Mexican share in global exports - 2022
- 3.76%, Mexican share in global imports - 2022
The visualizations show the global market for Cereals. 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 Cereals were United States (US$32.9B), Argentina (US$16.9B), and India (US$15.5B). In the same year, the main importing countries for Cereals were China (US$18.6B), Japan (US$9.08B), and Mexico (US$7.15B).