ProceduresGovernment

Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages

Código 3302 (Harmonized System 2012 by 4 digits)

 2023: US$2.76B, Total Trade Exchange

2023: US$273M, International Sales

  2023: US$2.48B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages was US$2.76B.

In 2023, the states with the most international sales in Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages were Estado de México (US$98.8M), Ciudad de México (US$62.7M), Nuevo León (US$41.7M), Guanajuato (US$8.21M), and Jalisco (US$5.62M).

The states with the most international purchases in 2023 were Ciudad de México (US$2B), Morelos (US$138M), Estado de México (US$114M), Guanajuato (US$64.8M), and Baja California (US$62.7M).

In 2023, the main commercial destinations of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages were Guatemala (US$50.4M), Colombia (US$35.3M), United States (US$26M), Costa Rica (US$13.7M), and Uruguay (US$13.6M).

The main commercial origins of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages in 2023 were Ireland (US$1.65B), United States (US$517M), Uruguay (US$106M), Costa Rica (US$65.8M), and Switzerland (US$29.9M).

In the global context, the main exporting countries of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages in 2022 were Ireland (US$10.3B), United States (US$2.56B), and France (US$2.41B). In the same year, the main importing countries of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages were United States (US$4.4B), Mexico (US$1.99B), and France (US$1.95B).

Trade Balance of Mexico

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Net Trade Balance

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US$2.76B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages in Mexico (including international purchases and sales) was US$2.76B.

The visualizations show the net balance of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages 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

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March, 2024

  • US$291M, International Purchases
  • US$28.4M, International Sales

In March 2024, international sales of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages were US$28.4M, while international purchases reached US$291M. The above results in a trade balance of -US$263M.

Market Concentration

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2024-Q2: US$23.7M, International Sales

The visualization shows the quarterly concentration of international sales of Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages at state level.

In the second quarter of 2024, international sales were US$23.7M, being the states with the most sales Estado de México (US$9.25M), Ciudad de México (US$7.1M), and Nuevo León (US$6.22M).

Exchange by Territory

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International Sales

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Estado de México: US$98.8M, State with the Most International Sales (2023)

Guatemala: US$50.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages were Estado de México (US$98.8M), Ciudad de México (US$62.7M), Nuevo León (US$41.7M), Guanajuato (US$8.21M), and Jalisco (US$5.62M).

In 2023, the countries with the most international purchases from Mexico were Guatemala (US$50.4M), Colombia (US$35.3M), United States (US$26M), Costa Rica (US$13.7M), and Uruguay (US$13.6M).

International Purchases

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Ciudad de México: US$2B, State with the Most International Purchases (2023)

Ireland: US$1.65B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages were Ciudad de México (US$2B), Morelos (US$138M), Estado de México (US$114M), Guanajuato (US$64.8M), and Baja California (US$62.7M).

The countries with the most international sales to Mexico in 2023 were Ireland (US$1.65B), United States (US$517M), Uruguay (US$106M), Costa Rica (US$65.8M), and Switzerland (US$29.9M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages. 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

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  • 0.89%, Mexican share in global exports - 2022
  • 6.61%, Mexican share in global imports - 2022

The visualizations show the global market for Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages. 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 Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages were Ireland (US$10.3B), United States (US$2.56B), and France (US$2.41B). In the same year, the main importing countries for Mixtures of Odoriferous Substances and Mixtures for the Manufacture of Beverages were United States (US$4.4B), Mexico (US$1.99B), and France (US$1.95B).