Acetic Acid
Código 291521 (Harmonized System 2012 by 6 digits)
2023: US$167M, Total Trade Exchange
2023: US$1.82M, International Sales
2023: US$165M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Acetic Acid was US$167M.
In 2023, the states with the most international sales in Acetic Acid were Ciudad de México (US$911k) and Estado de México (US$856k).
The states with the most international purchases in 2023 were Ciudad de México (US$127M), Estado de México (US$19.5M), Nuevo León (US$15.8M), Querétaro (US$906k), and Guanajuato (US$372k).
In 2023, the main commercial destinations of Acetic Acid were Guatemala (US$901k), United States (US$508k), El Salvador (US$285k), Brazil (US$20.2k), and Cuba (US$15.9k).
The main commercial origins of Acetic Acid in 2023 were United States (US$161M), China (US$2.58M), Israel (US$122k), Germany (US$85.5k), and Japan (US$43.9k).
In the global context, the main exporting countries of Acetic Acid in 2022 were China (US$828M), United States (US$698M), and Malaysia (US$289M). In the same year, the main importing countries of Acetic Acid were India (US$757M), Belgium (US$344M), and Germany (US$313M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$167M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Acetic Acid in Mexico (including international purchases and sales) was US$167M.
The visualizations show the net balance of Acetic Acid 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 sectionJuly, 2024
- US$11M, International Purchases
- US$232k, International Sales
In July 2024, international sales of Acetic Acid were US$232k, while international purchases reached US$11M. The above results in a trade balance of -US$10.8M.
Market Concentration
#permalink to section2024-Q3: US$220k, International Sales
The visualization shows the quarterly concentration of international sales of Acetic Acid at state level.
In the third quarter of 2024, international sales were US$220k, being the states with the most sales Estado de México (US$141k) and Ciudad de México (US$79.5k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$911k, State with the Most International Sales (2023)
Guatemala: US$901k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Acetic Acid were Ciudad de México (US$911k) and Estado de México (US$856k).
In 2023, the countries with the most international purchases from Mexico were Guatemala (US$901k), United States (US$508k), El Salvador (US$285k), Brazil (US$20.2k), and Cuba (US$15.9k).
International Purchases
#permalink to sectionCiudad de México: US$127M, State with the Most International Purchases (2023)
United States: US$161M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Acetic Acid were Ciudad de México (US$127M), Estado de México (US$19.5M), Nuevo León (US$15.8M), Querétaro (US$906k), and Guanajuato (US$372k).
The countries with the most international sales to Mexico in 2023 were United States (US$161M), China (US$2.58M), Israel (US$122k), Germany (US$85.5k), and Japan (US$43.9k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Acetic Acid and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Acetic Acid. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.065%, Mexican share in global exports - 2022
- 7.77%, Mexican share in global imports - 2022
The visualizations show the global market for Acetic Acid. 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 Acetic Acid were China (US$828M), United States (US$698M), and Malaysia (US$289M). In the same year, the main importing countries for Acetic Acid were India (US$757M), Belgium (US$344M), and Germany (US$313M).