ProceduresGovernment

Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared

Código 0603 (Harmonized System 2012 by 4 digits)

 2021: US$59.5M, Total Trade Exchange

2021: US$58.4M, International Sales

  2021: US$1.04M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared was US$59.5M.

In 2021, the states with the most international sales in Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared were Baja California (US$25.9M), Estado de México (US$25.6M), Jalisco (US$2.69M), Nayarit (US$521k), and Nuevo León (US$239k).

The states with the most international purchases in 2021 were Ciudad de México (US$832k) and Estado de México (US$52.6k).

In 2021, the main commercial destinations of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared were United States (US$55.1M), Canada (US$14.6k), Costa Rica (US$2.28k), Chile (US$607), and Japan (US$207).

The main commercial origins of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared in 2021 were Netherlands (US$562k), Ecuador (US$167k), Guatemala (US$64.2k), Colombia (US$56k), and India (US$29k).

In the global context, the main exporting countries of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared in 2020 were Netherlands (US$3.78B), Colombia (US$1.46B), and Ecuador (US$853M). In the same year, the main importing countries of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared were United States (US$1.71B), Germany (US$1.21B), and Netherlands (US$886M).

Trade Balance of Mexico

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Net Trade Balance

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US$59.5M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared in Mexico (including international purchases and sales) was US$59.5M.

The visualizations show the net balance of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared 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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August, 2022

  • US$87.6k, International Purchases
  • US$5.11M, International Sales

In August 2022, international sales of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared were US$5.11M, while international purchases reached US$87.6k. The above results in a trade balance of US$5.02M.

Market Concentration

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2022-Q3: US$9.84M, International Sales

The visualization shows the quarterly concentration of international sales of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared at state level.

In the third quarter of 2022, international sales were US$9.84M, being the states with the most sales Baja California (US$6.72M) and Estado de México (US$3.12M).

Exchange by Territory

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International Sales

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Baja California: US$25.9M, State with the Most International Sales (2021)

United States: US$55.1M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared were Baja California (US$25.9M), Estado de México (US$25.6M), Jalisco (US$2.69M), Nayarit (US$521k), and Nuevo León (US$239k).

In 2021, the countries with the most international purchases from Mexico were United States (US$55.1M), Canada (US$14.6k), Costa Rica (US$2.28k), Chile (US$607), and Japan (US$207).

International Purchases

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Ciudad de México: US$832k, State with the Most International Purchases (2021)

Netherlands: US$562k, Main Commercial Origin (2021)

In 2021, the states with the highest international in Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared were Ciudad de México (US$832k) and Estado de México (US$52.6k).

The countries with the most international sales to Mexico in 2021 were Netherlands (US$562k), Ecuador (US$167k), Guatemala (US$64.2k), Colombia (US$56k), and India (US$29k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared. 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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  • 0.41%, Mexican share in global exports - 2020
  • 0.02%, Mexican share in global imports - 2020

The visualizations show the global market for Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2020, the main exporting countries of Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared were Netherlands (US$3.78B), Colombia (US$1.46B), and Ecuador (US$853M). In the same year, the main importing countries for Flowers and Buds, Cut for Bouquets or Ornamental Purposes, Fresh, Dried, Bleached, Dyed, Impregnated or otherwise Prepared were United States (US$1.71B), Germany (US$1.21B), and Netherlands (US$886M).