ProceduresGovernment

Meat of Bovine Animals, Frozen

Código 0202 (Harmonized System 2012 by 4 digits)

 2021: US$350M, Total Trade Exchange

2021: US$271M, International Sales

  2021: US$79.7M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Meat of Bovine Animals, Frozen was US$350M.

In 2021, the states with the most international sales in Meat of Bovine Animals, Frozen were Sinaloa (US$146M), Nuevo León (US$23.7M), and Veracruz de Ignacio de la Llave (US$11.2M).

The states with the most international purchases in 2021 were Estado de México (US$22.5M), Nuevo León (US$19.6M), Ciudad de México (US$19M), Tamaulipas (US$3.45M), and Coahuila de Zaragoza (US$2.86M).

In 2021, the main commercial destinations of Meat of Bovine Animals, Frozen were Japan (US$74.5M), United States (US$35.6M), Hong Kong (US$34.1M), South Korea (US$29.8M), and Canada (US$4.95M).

The main commercial origins of Meat of Bovine Animals, Frozen in 2021 were United States (US$59.8M), Canada (US$5.92M), Australia (US$3.17M), and Costa Rica (US$201).

In the global context, the main exporting countries of Meat of Bovine Animals, Frozen in 2020 were Brazil (US$6.69B), Australia (US$4.1B), and United States (US$3.05B). In the same year, the main importing countries of Meat of Bovine Animals, Frozen were China (US$9.11B), United States (US$2.66B), and Hong Kong (US$1.92B).

Trade Balance of Mexico

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Net Trade Balance

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US$350M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Meat of Bovine Animals, Frozen in Mexico (including international purchases and sales) was US$350M.

The visualizations show the net balance of Meat of Bovine Animals, Frozen 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$6.7M, International Purchases
  • US$27.3M, International Sales

In August 2022, international sales of Meat of Bovine Animals, Frozen were US$27.3M, while international purchases reached US$6.7M. The above results in a trade balance of US$20.6M.

Market Concentration

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2022-Q3: US$44.4M, International Sales

The visualization shows the quarterly concentration of international sales of Meat of Bovine Animals, Frozen at state level.

In the third quarter of 2022, international sales were US$44.4M, being the states with the most sales Sinaloa (US$26.4M), Chihuahua (US$10M), and Nuevo León (US$5.33M).

Exchange by Territory

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International Sales

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Sinaloa: US$146M, State with the Most International Sales (2021)

Japan: US$74.5M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Meat of Bovine Animals, Frozen were Sinaloa (US$146M), Nuevo León (US$23.7M), and Veracruz de Ignacio de la Llave (US$11.2M).

In 2021, the countries with the most international purchases from Mexico were Japan (US$74.5M), United States (US$35.6M), Hong Kong (US$34.1M), South Korea (US$29.8M), and Canada (US$4.95M).

International Purchases

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Estado de México: US$22.5M, State with the Most International Purchases (2021)

United States: US$59.8M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Meat of Bovine Animals, Frozen were Estado de México (US$22.5M), Nuevo León (US$19.6M), Ciudad de México (US$19M), Tamaulipas (US$3.45M), and Coahuila de Zaragoza (US$2.86M).

The countries with the most international sales to Mexico in 2021 were United States (US$59.8M), Canada (US$5.92M), Australia (US$3.17M), and Costa Rica (US$201).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Meat of Bovine Animals, Frozen  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Meat of Bovine Animals, Frozen. 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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  • 0.91%, Mexican share in global exports - 2020
  • 0.18%, Mexican share in global imports - 2020

The visualizations show the global market for Meat of Bovine Animals, Frozen. 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 Meat of Bovine Animals, Frozen were Brazil (US$6.69B), Australia (US$4.1B), and United States (US$3.05B). In the same year, the main importing countries for Meat of Bovine Animals, Frozen were China (US$9.11B), United States (US$2.66B), and Hong Kong (US$1.92B).