Molasses Resulting from the Extraction or Refining of Sugar
Código 1703 (Harmonized System 2012 by 4 digits)
2024: US$24.4M, Total Trade Exchange
2024: US$23.6M, International Sales
2024: US$787k, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Molasses Resulting from the Extraction or Refining of Sugar was US$24.4M.
In the global context, the main exporting countries of Molasses Resulting from the Extraction or Refining of Sugar in 2022 were India (US$361M), Indonesia (US$133M), and Russia (US$82.9M). In the same year, the main importing countries of Molasses Resulting from the Extraction or Refining of Sugar were N/A.
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$24.4M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Molasses Resulting from the Extraction or Refining of Sugar in Mexico (including international purchases and sales) was US$24.4M.
The visualizations show the net balance of Molasses Resulting from the Extraction or Refining of Sugar 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 sectionSpecialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Molasses Resulting from the Extraction or Refining of Sugar and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Molasses Resulting from the Extraction or Refining of Sugar. 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- 2.22%, Mexican share in global exports - 2022
- 0.18%, Mexican share in global imports - 2022
The visualizations show the global market for Molasses Resulting from the Extraction or Refining of Sugar. 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 Molasses Resulting from the Extraction or Refining of Sugar were India (US$361M), Indonesia (US$133M), and Russia (US$82.9M). In the same year, the main importing countries for Molasses Resulting from the Extraction or Refining of Sugar were N/A.