Código 151590 (Harmonized System 2012 by 6 digits)
2024: US$451M, Total Trade Exchange
2024: US$398M, International Sales
2024: US$53M, International Purchases
United States: US$335M, Main commercial destination (2024)
In 2024, the countries with the most international purchases from Mexico were United States (US$335M), Italy (US$9.39M), South Korea (US$7.95M), France (US$1.99M), and Portugal (US$1.81M).
Spain: US$17.7M, Main Commercial Origin (2024)
The countries with the most international sales to Mexico in 2024 were Spain (US$17.7M), Italy (US$6.55M), Kenya (US$5.66M), Netherlands (US$4.43M), and United States (US$4.35M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame"). 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 Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame"). 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 Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were United States (US$307M), Spain (US$272M), and Mexico (US$263M). In the same year, the main importing countries for Vegetable Oils and Fats Fixed and their Fractions, Incl. Refined, not Chemically Modified (Excl. Soya "Soya" Peanut "Nut Oil" Olive, Palm, Sunflower, Safflower, Cottonseed, Coconut "Copra", Almond Palma, Babassu, Nabo "Nabina" Rape, Mustard, Lino "Flaxseed", Corn, Castor Oil, Tung and Sesame "Sesame") were United States (US$539M), France (US$232M), and India (US$175M).