Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16. 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 Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16. 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 Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 were N/A. In the same year, the main importing countries for Margarine; Mixtures or Preparations Edible Fats or Oils, Animal or Vegetable or of Fractions of Different Fats or Oils of this Chapter, other than Edible Fats or Oils or their Fractions of Heading 15.16 were China (US$1.37B), France (US$516M), and Netherlands (US$480M).