Export of Shortening from Mexico
Shortening is categorized under HS code 151800 - Animal or vegetable fats and oils and their fractions; oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils, and the data is presented accordingly.
Export overview
As of 2023, Mexico ranked #29 in global exports of Shortening. Mexico accounts for approximately 0.36% of the total global export value of Shortening, with an export value of 30,093,389 USD.
The top countries importing Shortening from Mexico include World, United States, Spain, Guatemala, Colombia.
Export trend
Mexico's export value of Shortening has increased by 4161.16% over the past 5 years, rising from 706,225 USD in 2019 to 30,093,389 USD in 2023.
The export data for Mexico Shortening is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 151800 - Animal or vegetable fats and oils and their fractions; oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils, which covers a specific classification for Shortening and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Shortening in certain markets, as HS codes often encompass a broader range of similar products.
Export transactions from 2024
Transactions in this market
570
Exporters
22
Importers
48
Major exporters of Mexico Shortening in 2024
ACEITES GRASAS Y DERIVADOS
Mexico
GRUPO LA FLORIDA MXICO SA DE
Mexico
COMPABIA MANUFACTURERA ASTURIAS
Mexico
TEAM FOODS MEXICO
Mexico
INDUSTRIALIZADORA OLEOFINOS
Mexico
Major importers of Mexico Shortening in 2024
BAKEMARK
United States
VALORES ALIMENTICIOS OF AMERICA
Mexico
CARIBBEAN PRODUCTS
Jamaica
COLGATE PALMOLIVE CENTROAMERICA
Guatemala
EL MOLINO BAKERY SUPPLIES
United States
Historical export price trends
The export price of Shortening from Mexico has shown an upward trend over the past two years. In 2023, the price ranged from 0.25 USD per kg to 5.17 USD per kg, while in 2024, it increased to a range of 0.50 USD per kg to 5.24 USD per kg.
The export transaction data for Mexico Shortening is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
Related markets for Mexico Shortening
Markets for products in the Oils & Fats category
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Markets for products used to produce or made with Shortening
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