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Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated

Código 2918 (Harmonized System 2012 by 4 digits)

 2023: US$442M, Total Trade Exchange

2023: US$89.3M, International Sales

  2023: US$353M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated was US$442M.

In 2023, the states with the most international sales in Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated were Morelos (US$58.7M), Ciudad de México (US$14M), Nuevo León (US$8.04M), Estado de México (US$4.33M), and Querétaro (US$2.98M).

The states with the most international purchases in 2023 were Ciudad de México (US$129M), Estado de México (US$73.8M), Morelos (US$37.8M), Querétaro (US$30.5M), and Jalisco (US$23.6M).

In 2023, the main commercial destinations of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated were United States (US$28.8M), Germany (US$9.62M), India (US$8.7M), Spain (US$7.68M), and Brazil (US$5.04M).

The main commercial origins of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated in 2023 were China (US$125M), India (US$63.9M), United States (US$40.3M), Canada (US$27.9M), and Spain (US$25.1M).

In the global context, the main exporting countries of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated in 2022 were China (US$5.71B), India (US$1B), and Germany (US$714M). In the same year, the main importing countries of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated were United States (US$1.92B), Germany (US$928M), and India (US$643M).

Trade Balance of Mexico

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Net Trade Balance

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US$442M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated in Mexico (including international purchases and sales) was US$442M.

The visualizations show the net balance of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated 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$27.4M, International Purchases
  • US$5.98M, International Sales

In July 2024, international sales of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated were US$5.98M, while international purchases reached US$27.4M. The above results in a trade balance of -US$21.4M.

Market Concentration

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2024-Q3: US$843k, International Sales

The visualization shows the quarterly concentration of international sales of Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated at state level.

In the third quarter of 2024, international sales were US$843k, being the states with the most sales Ciudad de México (US$414k), Querétaro (US$245k), and Nuevo León (US$147k).

Exchange by Territory

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International Sales

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Morelos: US$58.7M, State with the Most International Sales (2023)

United States: US$28.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated were Morelos (US$58.7M), Ciudad de México (US$14M), Nuevo León (US$8.04M), Estado de México (US$4.33M), and Querétaro (US$2.98M).

In 2023, the countries with the most international purchases from Mexico were United States (US$28.8M), Germany (US$9.62M), India (US$8.7M), Spain (US$7.68M), and Brazil (US$5.04M).

International Purchases

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Ciudad de México: US$129M, State with the Most International Purchases (2023)

China: US$125M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated were Ciudad de México (US$129M), Estado de México (US$73.8M), Morelos (US$37.8M), Querétaro (US$30.5M), and Jalisco (US$23.6M).

The countries with the most international sales to Mexico in 2023 were China (US$125M), India (US$63.9M), United States (US$40.3M), Canada (US$27.9M), and Spain (US$25.1M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated. 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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  • 0.6%, Mexican share in global exports - 2022
  • 3.12%, Mexican share in global imports - 2022

The visualizations show the global market for Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated. 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 Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated were China (US$5.71B), India (US$1B), and Germany (US$714M). In the same year, the main importing countries for Carboxylic Acids Supplemental Oxygen Function and their Anhydrides, Halides, Peroxides and Peroxyacids; their Halogenated, Sulfonated, Nitrated or Nitrosated were United States (US$1.92B), Germany (US$928M), and India (US$643M).