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Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough

Código 151411 (Harmonized System 2012 by 6 digits)

2009: US$2.8M, International Sales

  2024: US$88.5M, International Purchases

The states with the most international purchases in 2024 were Ciudad de México (US$57.3M).

The main commercial origins of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough in 2024 were France (US$46.3M), Netherlands (US$9.17M), and United States (US$1.88M).

In the global context, the main exporting countries of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough in 2022 were Canada (US$1.51B), Russia (US$1.15B), and France (US$735M). In the same year, the main importing countries of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were China (US$1.44B), United States (US$829M), and Norway (US$664M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough 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, 2025: US$8.26M, International Purchases

In March 2025, international sales of Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were US$0, while international purchases reached US$8.26M. The above results in a trade balance of -US$8.26M.

Exchange by Territory

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International Purchases

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Ciudad de México: US$57.3M, State with the Most International Purchases (2024)

France: US$46.3M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were Ciudad de México (US$57.3M).

The countries with the most international sales to Mexico in 2024 were France (US$46.3M), Netherlands (US$9.17M), and United States (US$1.88M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough. 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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  • 0.002%, Mexican share in global exports - 2022
  • 1.76%, Mexican share in global imports - 2022

The visualizations show the global market for Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough. 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 Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were Canada (US$1.51B), Russia (US$1.15B), and France (US$735M). In the same year, the main importing countries for Turnip Oils "Nabina" O Rapeseed with Low Erucic Acid "Fixed Oil Containing Erucic Acid <2% by Weight" Rough were China (US$1.44B), United States (US$829M), and Norway (US$664M).