Articles of Vulcanised Rubber, N.E.C
Código 401699 (Harmonized System 2012 by 6 digits)
2023: US$1.13B, Total Trade Exchange
2023: US$279M, International Sales
2023: US$854M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Articles of Vulcanised Rubber, N.E.C was US$1.13B.
In 2023, the states with the most international sales in Articles of Vulcanised Rubber, N.E.C were Guanajuato (US$105M), Coahuila de Zaragoza (US$28.8M), Nuevo León (US$26M), Baja California (US$23.3M), and Querétaro (US$13.9M).
The states with the most international purchases in 2023 were Ciudad de México (US$126M), Nuevo León (US$110M), Tamaulipas (US$99M), Chihuahua (US$74M), and Baja California (US$68M).
In 2023, the main commercial destinations of Articles of Vulcanised Rubber, N.E.C were United States (US$244M), Nicaragua (US$9.01M), China (US$3.99M), Brazil (US$3.09M), and Canada (US$2.13M).
The main commercial origins of Articles of Vulcanised Rubber, N.E.C in 2023 were United States (US$353M), China (US$147M), Germany (US$61.4M), Japan (US$43.4M), and South Korea (US$37.6M).
In the global context, the main exporting countries of Articles of Vulcanised Rubber, N.E.C in 2022 were China (US$2.67B), Germany (US$2.13B), and United States (US$1.34B). In the same year, the main importing countries of Articles of Vulcanised Rubber, N.E.C were United States (US$2.19B), Germany (US$1.78B), and China (US$834M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.13B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Articles of Vulcanised Rubber, N.E.C in Mexico (including international purchases and sales) was US$1.13B.
The visualizations show the net balance of Articles of Vulcanised Rubber, N.E.C 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$75.1M, International Purchases
- US$20.9M, International Sales
In July 2024, international sales of Articles of Vulcanised Rubber, N.E.C were US$20.9M, while international purchases reached US$75.1M. The above results in a trade balance of -US$54.2M.
Market Concentration
#permalink to section2024-Q3: US$20.8M, International Sales
The visualization shows the quarterly concentration of international sales of Articles of Vulcanised Rubber, N.E.C at state level.
In the third quarter of 2024, international sales were US$20.8M, being the states with the most sales Guanajuato (US$7.67M), Coahuila de Zaragoza (US$2.78M), and Nuevo León (US$1.97M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$105M, State with the Most International Sales (2023)
United States: US$244M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Articles of Vulcanised Rubber, N.E.C were Guanajuato (US$105M), Coahuila de Zaragoza (US$28.8M), Nuevo León (US$26M), Baja California (US$23.3M), and Querétaro (US$13.9M).
In 2023, the countries with the most international purchases from Mexico were United States (US$244M), Nicaragua (US$9.01M), China (US$3.99M), Brazil (US$3.09M), and Canada (US$2.13M).
International Purchases
#permalink to sectionCiudad de México: US$126M, State with the Most International Purchases (2023)
United States: US$353M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Articles of Vulcanised Rubber, N.E.C were Ciudad de México (US$126M), Nuevo León (US$110M), Tamaulipas (US$99M), Chihuahua (US$74M), and Baja California (US$68M).
The countries with the most international sales to Mexico in 2023 were United States (US$353M), China (US$147M), Germany (US$61.4M), Japan (US$43.4M), and South Korea (US$37.6M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Articles of Vulcanised Rubber, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Articles of Vulcanised Rubber, N.E.C. 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- 2.14%, Mexican share in global exports - 2022
- 5.15%, Mexican share in global imports - 2022
The visualizations show the global market for Articles of Vulcanised Rubber, N.E.C. 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 Articles of Vulcanised Rubber, N.E.C were China (US$2.67B), Germany (US$2.13B), and United States (US$1.34B). In the same year, the main importing countries for Articles of Vulcanised Rubber, N.E.C were United States (US$2.19B), Germany (US$1.78B), and China (US$834M).