Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury)
Código 291631 (Harmonized System 2012 by 6 digits)
2023: US$29.5M, Total Trade Exchange
2023: US$1.23M, International Sales
2023: US$28.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) was US$29.5M.
In 2023, the states with the most international sales in Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Ciudad de México (US$120k), Querétaro (US$69.7k), and Estado de México (US$43.8k).
The states with the most international purchases in 2023 were Estado de México (US$13.2M), Ciudad de México (US$10.9M), Jalisco (US$1.83M), Querétaro (US$1.13M), and Nuevo León (US$846k).
In 2023, the main commercial destinations of Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Argentina (US$154k), Guatemala (US$38k), Colombia (US$9.89k), Costa Rica (US$7.55k), and Chile (US$7.31k).
The main commercial origins of Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) in 2023 were Netherlands (US$9.22M), China (US$8.64M), United States (US$7.54M), India (US$855k), and Estonia (US$822k).
In the global context, the main exporting countries of Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) in 2022 were Netherlands (US$218M), China (US$212M), and Estonia (US$67.7M). In the same year, the main importing countries of Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were United States (US$108M), Germany (US$56.3M), and Brazil (US$47.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$29.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) in Mexico (including international purchases and sales) was US$29.5M.
The visualizations show the net balance of Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) 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$2.51M, International Purchases
- US$29.2k, International Sales
In July 2024, international sales of Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were US$29.2k, while international purchases reached US$2.51M. The above results in a trade balance of -US$2.48M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$120k, State with the Most International Sales (2023)
Argentina: US$154k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Ciudad de México (US$120k), Querétaro (US$69.7k), and Estado de México (US$43.8k).
In 2023, the countries with the most international purchases from Mexico were Argentina (US$154k), Guatemala (US$38k), Colombia (US$9.89k), Costa Rica (US$7.55k), and Chile (US$7.31k).
International Purchases
#permalink to sectionEstado de México: US$13.2M, State with the Most International Purchases (2023)
Netherlands: US$9.22M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Estado de México (US$13.2M), Ciudad de México (US$10.9M), Jalisco (US$1.83M), Querétaro (US$1.13M), and Nuevo León (US$846k).
The countries with the most international sales to Mexico in 2023 were Netherlands (US$9.22M), China (US$8.64M), United States (US$7.54M), India (US$855k), and Estonia (US$822k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury). 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- N/A%, Mexican share in global exports - 2022
- 3.9%, Mexican share in global imports - 2022
The visualizations show the global market for Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury). 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 Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Netherlands (US$218M), China (US$212M), and Estonia (US$67.7M). In the same year, the main importing countries for Benzoic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were United States (US$108M), Germany (US$56.3M), and Brazil (US$47.2M).