ProceduresGovernment

Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins)

Código 390930 (Harmonized System 2012 by 6 digits)

 2023: US$100M, Total Trade Exchange

2023: US$3.63M, International Sales

  2023: US$96.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) was US$100M.

In 2023, the states with the most international sales in Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) were Nuevo León (US$1.7M), Ciudad de México (US$267k), and Estado de México (US$81.9k).

The states with the most international purchases in 2023 were Ciudad de México (US$43.6M), Chihuahua (US$20.7M), Nuevo León (US$11.4M), Querétaro (US$7.49M), and Baja California (US$4.65M).

In 2023, the main commercial destinations of Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) were United States (US$1.15M), Guatemala (US$491k), South Korea (US$286k), China (US$118k), and Colombia (US$681).

The main commercial origins of Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) in 2023 were United States (US$62.2M), China (US$19.9M), South Korea (US$8.52M), Belgium (US$1.84M), and Brazil (US$1.25M).

In the global context, the main exporting countries of Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) in 2022 were China (US$2.43B), Germany (US$1.51B), and Belgium (US$1.24B). In the same year, the main importing countries of Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) were United States (US$1.01B), Netherlands (US$742M), and Canada (US$682M).

Trade Balance of Mexico

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Net Trade Balance

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US$100M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) in Mexico (including international purchases and sales) was US$100M.

The visualizations show the net balance of Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) 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$6.48M, International Purchases
  • US$200k, International Sales

In July 2024, international sales of Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) were US$200k, while international purchases reached US$6.48M. The above results in a trade balance of -US$6.28M.

Exchange by Territory

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International Sales

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Nuevo León: US$1.7M, State with the Most International Sales (2023)

United States: US$1.15M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) were Nuevo León (US$1.7M), Ciudad de México (US$267k), and Estado de México (US$81.9k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.15M), Guatemala (US$491k), South Korea (US$286k), China (US$118k), and Colombia (US$681).

International Purchases

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Ciudad de México: US$43.6M, State with the Most International Purchases (2023)

United States: US$62.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) were Ciudad de México (US$43.6M), Chihuahua (US$20.7M), Nuevo León (US$11.4M), Querétaro (US$7.49M), and Baja California (US$4.65M).

The countries with the most international sales to Mexico in 2023 were United States (US$62.2M), China (US$19.9M), South Korea (US$8.52M), Belgium (US$1.84M), and Brazil (US$1.25M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins). 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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  • 0.033%, Mexican share in global exports - 2022
  • 2.19%, Mexican share in global imports - 2022

The visualizations show the global market for Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins). 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 Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) were China (US$2.43B), Germany (US$1.51B), and Belgium (US$1.24B). In the same year, the main importing countries for Amino Resins, in Primary Forms (Exc. Ureic Resins, Thiourea Resins and Melamine Resins) were United States (US$1.01B), Netherlands (US$742M), and Canada (US$682M).