Código 1516 (Harmonized System 2012 by 4 digits)
2023: US$70.3M, Total Trade Exchange
2023: US$40M, International Sales
2023: US$30.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared was US$70.3M.
In 2023, the states with the most international sales in Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared were Yucatán (US$22M), Nuevo León (US$7.29M), Michoacán de Ocampo (US$5.29M), Ciudad de México (US$3.41M), and Estado de México (US$1.41M).
The states with the most international purchases in 2023 were Ciudad de México (US$8.93M), Estado de México (US$6.93M), Nuevo León (US$6.17M), Tamaulipas (US$1.38M), and Baja California (US$1.24M).
In 2023, the main commercial destinations of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared were Cuba (US$22.3M), United States (US$11.2M), Guatemala (US$3.04M), Costa Rica (US$1.49M), and Nicaragua (US$417k).
The main commercial origins of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared in 2023 were United States (US$8.64M), Malaysia (US$6.45M), Indonesia (US$6.28M), India (US$2.25M), and Germany (US$1.15M).
In the global context, the main exporting countries of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared in 2022 were Indonesia (US$1.61B), Malaysia (US$1.13B), and China (US$513M). In the same year, the main importing countries of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared were China (US$798M), Netherlands (US$502M), and Malaysia (US$325M).
US$70.3M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared in Mexico (including international purchases and sales) was US$70.3M.
The visualizations show the net balance of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared 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.
November, 2024
In November 2024, international sales of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared were US$2.25M, while international purchases reached US$4.2M. The above results in a trade balance of -US$1.95M.
2024-Q4: US$829k, International Sales
The visualization shows the quarterly concentration of international sales of Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared at state level.
In the fourth quarter of 2024, international sales were US$829k, being the states with the most sales Ciudad de México (US$614k), Yucatán (US$192k), and Estado de México (US$22.9k).
Yucatán: US$22M, State with the Most International Sales (2023)
Cuba: US$22.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared were Yucatán (US$22M), Nuevo León (US$7.29M), Michoacán de Ocampo (US$5.29M), Ciudad de México (US$3.41M), and Estado de México (US$1.41M).
In 2023, the countries with the most international purchases from Mexico were Cuba (US$22.3M), United States (US$11.2M), Guatemala (US$3.04M), Costa Rica (US$1.49M), and Nicaragua (US$417k).
Ciudad de México: US$8.93M, State with the Most International Purchases (2023)
United States: US$8.64M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared were Ciudad de México (US$8.93M), Estado de México (US$6.93M), Nuevo León (US$6.17M), Tamaulipas (US$1.38M), and Baja California (US$1.24M).
The countries with the most international sales to Mexico in 2023 were United States (US$8.64M), Malaysia (US$6.45M), Indonesia (US$6.28M), India (US$2.25M), and Germany (US$1.15M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared. 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.
The visualizations show the global market for Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared. 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 Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared were Indonesia (US$1.61B), Malaysia (US$1.13B), and China (US$513M). In the same year, the main importing countries for Fats and Oils, Animal or Vegetable, and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, whether or not Refined, but further Prepared were China (US$798M), Netherlands (US$502M), and Malaysia (US$325M).