Código 151620 (Harmonized System 2012 by 6 digits)
2023: US$69.7M, Total Trade Exchange
2023: US$39.9M, International Sales
2023: US$29.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) was US$69.7M.
In 2023, the states with the most international sales in Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) were Yucatán (US$22M), Nuevo León (US$7.29M), Michoacán de Ocampo (US$5.29M), Ciudad de México (US$3.37M), and Estado de México (US$1.41M).
The states with the most international purchases in 2023 were Ciudad de México (US$8.88M), Estado de México (US$6.93M), Nuevo León (US$6.14M), Tamaulipas (US$1.38M), and Baja California (US$1.06M).
In 2023, the main commercial destinations of Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) 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 Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) in 2023 were United States (US$8.4M), 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 Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) in 2022 were Indonesia (US$1.61B), Malaysia (US$1.13B), and China (US$475M). In the same year, the main importing countries of Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) were China (US$792M), Netherlands (US$467M), and Malaysia (US$322M).
US$69.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) in Mexico (including international purchases and sales) was US$69.7M.
The visualizations show the net balance of Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) 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 Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) were US$2.25M, while international purchases reached US$4.01M. The above results in a trade balance of -US$1.77M.
2024-Q4: US$829k, International Sales
The visualization shows the quarterly concentration of international sales of Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) 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 Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) were Yucatán (US$22M), Nuevo León (US$7.29M), Michoacán de Ocampo (US$5.29M), Ciudad de México (US$3.37M), 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$8.88M, State with the Most International Purchases (2023)
United States: US$8.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) were Ciudad de México (US$8.88M), Estado de México (US$6.93M), Nuevo León (US$6.14M), Tamaulipas (US$1.38M), and Baja California (US$1.06M).
The countries with the most international sales to Mexico in 2023 were United States (US$8.4M), 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 Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise). 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 Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise). 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 Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) were Indonesia (US$1.61B), Malaysia (US$1.13B), and China (US$475M). In the same year, the main importing countries for Fats and Vegetable Oils and their Fractions, Partly or Wholly Hydrogenated, Esterified or Elaidinised, Incl. Refinados (Excl. Fats and Oils and their Preparations Fractions Otherwise) were China (US$792M), Netherlands (US$467M), and Malaysia (US$322M).