Alginic Acid, its Salts and Esters, in Primary Forms
Código 391310 (Harmonized System 2012 by 6 digits)
2023: US$10.2M, Total Trade Exchange
2023: US$207k, International Sales
2023: US$9.95M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Alginic Acid, its Salts and Esters, in Primary Forms was US$10.2M.
In 2023, the states with the most international sales in Alginic Acid, its Salts and Esters, in Primary Forms were Ciudad de México (US$12.2k).
The states with the most international purchases in 2023 were Estado de México (US$2.69M), Ciudad de México (US$2.53M), Nuevo León (US$1.37M), Jalisco (US$610k), and Querétaro (US$246k).
In 2023, the main commercial destinations of Alginic Acid, its Salts and Esters, in Primary Forms were Guatemala (US$8.13k), Brazil (US$2.53k), Costa Rica (US$1.24k), and United States (US$292).
The main commercial origins of Alginic Acid, its Salts and Esters, in Primary Forms in 2023 were United States (US$1.63M), China (US$1.52M), Norway (US$1.5M), France (US$1.02M), and Japan (US$864k).
In the global context, the main exporting countries of Alginic Acid, its Salts and Esters, in Primary Forms in 2022 were China (US$202M), Norway (US$68.1M), and Japan (US$41.8M). In the same year, the main importing countries of Alginic Acid, its Salts and Esters, in Primary Forms were United States (US$83.3M), Italy (US$28.5M), and Netherlands (US$25.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$10.2M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Alginic Acid, its Salts and Esters, in Primary Forms in Mexico (including international purchases and sales) was US$10.2M.
The visualizations show the net balance of Alginic Acid, its Salts and Esters, in Primary Forms 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$1.23M, International Purchases
- US$132k, International Sales
In July 2024, international sales of Alginic Acid, its Salts and Esters, in Primary Forms were US$132k, while international purchases reached US$1.23M. The above results in a trade balance of -US$1.1M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$12.2k, State with the Most International Sales (2023)
Guatemala: US$8.13k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Alginic Acid, its Salts and Esters, in Primary Forms were Ciudad de México (US$12.2k).
In 2023, the countries with the most international purchases from Mexico were Guatemala (US$8.13k), Brazil (US$2.53k), Costa Rica (US$1.24k), and United States (US$292).
International Purchases
#permalink to sectionEstado de México: US$2.69M, State with the Most International Purchases (2023)
United States: US$1.63M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Alginic Acid, its Salts and Esters, in Primary Forms were Estado de México (US$2.69M), Ciudad de México (US$2.53M), Nuevo León (US$1.37M), Jalisco (US$610k), and Querétaro (US$246k).
The countries with the most international sales to Mexico in 2023 were United States (US$1.63M), China (US$1.52M), Norway (US$1.5M), France (US$1.02M), and Japan (US$864k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Alginic Acid, its Salts and Esters, in Primary Forms and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Alginic Acid, its Salts and Esters, in Primary Forms. 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- 0.088%, Mexican share in global exports - 2022
- 1.57%, Mexican share in global imports - 2022
The visualizations show the global market for Alginic Acid, its Salts and Esters, in Primary Forms. 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 Alginic Acid, its Salts and Esters, in Primary Forms were China (US$202M), Norway (US$68.1M), and Japan (US$41.8M). In the same year, the main importing countries for Alginic Acid, its Salts and Esters, in Primary Forms were United States (US$83.3M), Italy (US$28.5M), and Netherlands (US$25.9M).