ProceduresGovernment

Wheat and Meslin (Tranquillon)

Código 1001 (Harmonized System 2012 by 4 digits)

 2021: US$1.95B, Total Trade Exchange

2021: US$252M, International Sales

  2021: US$1.7B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Wheat and Meslin (Tranquillon) was US$1.95B.

In 2021, the states with the most international sales in Wheat and Meslin (Tranquillon) were Ciudad de México (US$230M), Baja California (US$14.4M), and Sonora (US$7.21M).

The states with the most international purchases in 2021 were Ciudad de México (US$940M) and Guanajuato (US$50.8M).

In 2021, the main commercial destinations of Wheat and Meslin (Tranquillon) were Algeria (US$186M), Venezuela (US$20.9M), Guatemala (US$13.8M), Eswatini (US$11M), and Nigeria (US$11M).

The main commercial origins of Wheat and Meslin (Tranquillon) in 2021 were United States (US$667M), Canada (US$228M), Ukraine (US$49.9M), France (US$25.7M), and Russia (US$10.9M).

In the global context, the main exporting countries of Wheat and Meslin (Tranquillon) in 2020 were Russia (US$10B), Canada (US$7.63B), and United States (US$7.04B). In the same year, the main importing countries of Wheat and Meslin (Tranquillon) were Egypt (US$5.23B), China (US$3.57B), and Turkey (US$2.35B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$1.95B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Wheat and Meslin (Tranquillon) in Mexico (including international purchases and sales) was US$1.95B.

The visualizations show the net balance of Wheat and Meslin (Tranquillon) 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

#permalink to section

August, 2022

  • US$221M, International Purchases
  • US$41.3M, International Sales

In August 2022, international sales of Wheat and Meslin (Tranquillon) were US$41.3M, while international purchases reached US$221M. The above results in a trade balance of -US$179M.

Market Concentration

#permalink to section

2022-Q3: US$93M, International Sales

The visualization shows the quarterly concentration of international sales of Wheat and Meslin (Tranquillon) at state level.

In the third quarter of 2022, international sales were US$93M, being the states with the most sales Ciudad de México (US$93M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$230M, State with the Most International Sales (2021)

Algeria: US$186M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Wheat and Meslin (Tranquillon) were Ciudad de México (US$230M), Baja California (US$14.4M), and Sonora (US$7.21M).

In 2021, the countries with the most international purchases from Mexico were Algeria (US$186M), Venezuela (US$20.9M), Guatemala (US$13.8M), Eswatini (US$11M), and Nigeria (US$11M).

International Purchases

#permalink to section

Ciudad de México: US$940M, State with the Most International Purchases (2021)

United States: US$667M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Wheat and Meslin (Tranquillon) were Ciudad de México (US$940M) and Guanajuato (US$50.8M).

The countries with the most international sales to Mexico in 2021 were United States (US$667M), Canada (US$228M), Ukraine (US$49.9M), France (US$25.7M), and Russia (US$10.9M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wheat and Meslin (Tranquillon)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wheat and Meslin (Tranquillon). 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

#permalink to section

  • 0.38%, Mexican share in global exports - 2020
  • 1.89%, Mexican share in global imports - 2020

The visualizations show the global market for Wheat and Meslin (Tranquillon). 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 Wheat and Meslin (Tranquillon) were Russia (US$10B), Canada (US$7.63B), and United States (US$7.04B). In the same year, the main importing countries for Wheat and Meslin (Tranquillon) were Egypt (US$5.23B), China (US$3.57B), and Turkey (US$2.35B).