ProceduresGovernment

Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork

Código 4504 (Harmonized System 2012 by 4 digits)

 2023: US$11.5M, Total Trade Exchange

2023: US$447k, International Sales

  2023: US$11M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork was US$11.5M.

In 2023, the states with the most international sales in Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork were Guanajuato (US$190k), Estado de México (US$83.4k), Ciudad de México (US$28.6k), Jalisco (US$28.2k), and Coahuila de Zaragoza (US$24.4k).

The states with the most international purchases in 2023 were Estado de México (US$2.64M), Ciudad de México (US$2.3M), Jalisco (US$1.74M), Nuevo León (US$1.07M), and Baja California (US$715k).

In 2023, the main commercial destinations of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork were United States (US$300k), El Salvador (US$72.3k), Colombia (US$12k), Italy (US$7.88k), and Costa Rica (US$6.32k).

The main commercial origins of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork in 2023 were Portugal (US$5.9M), United States (US$2.12M), France (US$842k), China (US$719k), and Germany (US$330k).

In the global context, the main exporting countries of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork in 2022 were Portugal (US$554M), Spain (US$175M), and France (US$70.5M). In the same year, the main importing countries of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork were France (US$171M), Italy (US$129M), and United States (US$128M).

Trade Balance of Mexico

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Net Trade Balance

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US$11.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork in Mexico (including international purchases and sales) was US$11.5M.

The visualizations show the net balance of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork 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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July, 2024

  • US$2.22M, International Purchases
  • US$24.6k, International Sales

In July 2024, international sales of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork were US$24.6k, while international purchases reached US$2.22M. The above results in a trade balance of -US$2.2M.

Market Concentration

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2024-Q3: US$13.1k, International Sales

The visualization shows the quarterly concentration of international sales of Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork at state level.

In the third quarter of 2024, international sales were US$13.1k, being the states with the most sales Ciudad de México (US$7.99k), Baja California (US$3.23k), and Chihuahua (US$1.01k).

Exchange by Territory

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International Sales

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Guanajuato: US$190k, State with the Most International Sales (2023)

United States: US$300k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork were Guanajuato (US$190k), Estado de México (US$83.4k), Ciudad de México (US$28.6k), Jalisco (US$28.2k), and Coahuila de Zaragoza (US$24.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$300k), El Salvador (US$72.3k), Colombia (US$12k), Italy (US$7.88k), and Costa Rica (US$6.32k).

International Purchases

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Estado de México: US$2.64M, State with the Most International Purchases (2023)

Portugal: US$5.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork were Estado de México (US$2.64M), Ciudad de México (US$2.3M), Jalisco (US$1.74M), Nuevo León (US$1.07M), and Baja California (US$715k).

The countries with the most international sales to Mexico in 2023 were Portugal (US$5.9M), United States (US$2.12M), France (US$842k), China (US$719k), and Germany (US$330k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork. 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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  • 0.15%, Mexican share in global exports - 2022
  • 0.89%, Mexican share in global imports - 2022

The visualizations show the global market for Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork. 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 Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork were Portugal (US$554M), Spain (US$175M), and France (US$70.5M). In the same year, the main importing countries for Agglomerated Cork (With or without a Binding Substance) and Articles of Agglomerated Cork were France (US$171M), Italy (US$129M), and United States (US$128M).