Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride)
Código 152190 (Harmonized System 2012 by 6 digits)
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride). 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- 0.036%, Mexican share in global exports - 2022
- 0.91%, Mexican share in global imports - 2022
The visualizations show the global market for Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride). 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 Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) were China (US$49.1M), Germany (US$18.7M), and Vietnam (US$12.5M). In the same year, the main importing countries for Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) were Germany (US$35.6M), United States (US$30.4M), and France (US$17M).