ProceduresGovernment

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)

 2023: US$1.85M, Total Trade Exchange

2023: US$34.8k, International Sales

  2023: US$1.82M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) was US$1.85M.

In 2021, the states with the most international sales in Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) were Ciudad de México (US$2.43k).

The states with the most international purchases in 2023 were Ciudad de México (US$904k), Baja California (US$206k), and Estado de México (US$836).

In 2021, the main commercial destinations of Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) were Italy (US$2.29k), Honduras (US$129), and Germany (US$4).

The main commercial origins of Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) in 2023 were Germany (US$472k), United States (US$399k), China (US$118k), United Kingdom (US$98.1k), and France (US$20.1k).

In the global context, the main exporting countries of Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) in 2022 were China (US$49.1M), Germany (US$18.7M), and Vietnam (US$12.5M). In the same year, the main importing countries of 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).

Trade Balance of Mexico

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Net Trade Balance

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US$1.85M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) in Mexico (including international purchases and sales) was US$1.85M.

The visualizations show the net balance of Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) 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$141k, International Purchases

In July 2024, international sales of Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) were US$0, while international purchases reached US$141k. The above results in a trade balance of -US$141k.

Exchange by Territory

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International Sales

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Ciudad de México: US$2.43k, State with the Most International Sales (2021)

Italy: US$2.29k, Main commercial destination (2021)

In 2021, the states with the highest international sales in Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) were Ciudad de México (US$2.43k).

In 2021, the countries with the most international purchases from Mexico were Italy (US$2.29k), Honduras (US$129), and Germany (US$4).

International Purchases

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Ciudad de México: US$904k, State with the Most International Purchases (2023)

Germany: US$472k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Beeswax and other Insect and Spermaceti and other Cetacea "Spermaceti" Incl. Refined or Colored (Exc. Waxes Triglyceride) were Ciudad de México (US$904k), Baja California (US$206k), and Estado de México (US$836).

The countries with the most international sales to Mexico in 2023 were Germany (US$472k), United States (US$399k), China (US$118k), United Kingdom (US$98.1k), and France (US$20.1k).

Specialization

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Specialization by State

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The 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.

Origins and Trade Destinations

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  • 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).