Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified
Código 1511 (Harmonized System 2012 by 4 digits)
2024: US$730M, Total Trade Exchange
2024: US$24M, International Sales
2024: US$706M, International Purchases
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuatemala: US$8.56M, Main commercial destination (2024)
In 2024, the countries with the most international purchases from Mexico were Guatemala (US$8.56M), United States (US$2.96M), Belgium (US$33.5k), Germany (US$24.8k), and Netherlands (US$21.6k).
International Purchases
#permalink to sectionColombia: US$135M, Main Commercial Origin (2024)
The countries with the most international sales to Mexico in 2024 were Colombia (US$135M), Honduras (US$88.8M), Peru (US$44.8M), Costa Rica (US$41.6M), and Guatemala (US$40.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified. 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- 0.017%, Mexican share in global exports - 2022
- 0.96%, Mexican share in global imports - 2022
The visualizations show the global market for Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified. 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 Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified were Indonesia (US$215B), Malaysia (US$133B), and Netherlands (US$14.6B). In the same year, the main importing countries for Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified were India (US$73.3B), China (US$45.5B), and Pakistan (US$23.9B).