Chemical Products and Binder Preparations
Código 3824 (Harmonized System 2012 by 4 digits)
2023: US$3.28B, Total Trade Exchange
2023: US$418M, International Sales
2023: US$2.86B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Chemical Products and Binder Preparations was US$3.28B.
In 2023, the states with the most international sales in Chemical Products and Binder Preparations were Jalisco (US$116M), Nuevo León (US$85.6M), Tabasco (US$57.2M), Estado de México (US$39.4M), and Baja California (US$27.7M).
The states with the most international purchases in 2023 were Ciudad de México (US$1.73B), Estado de México (US$269M), Nuevo León (US$178M), Jalisco (US$114M), and Querétaro (US$101M).
In 2023, the main commercial destinations of Chemical Products and Binder Preparations were United States (US$243M), Chile (US$18M), Guatemala (US$15.1M), Peru (US$15.1M), and Slovakia (US$14M).
The main commercial origins of Chemical Products and Binder Preparations in 2023 were United States (US$2.26B), Germany (US$102M), China (US$90.7M), Spain (US$60.8M), and Japan (US$35.2M).
In the global context, the main exporting countries of Chemical Products and Binder Preparations in 2022 were China (US$10.5B), United States (US$7.2B), and Germany (US$6.75B). In the same year, the main importing countries of Chemical Products and Binder Preparations were United States (US$6.44B), China (US$5.86B), and Germany (US$3.52B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.28B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Chemical Products and Binder Preparations in Mexico (including international purchases and sales) was US$3.28B.
The visualizations show the net balance of Chemical Products and Binder Preparations 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$133M, International Purchases
- US$31.2M, International Sales
In July 2024, international sales of Chemical Products and Binder Preparations were US$31.2M, while international purchases reached US$133M. The above results in a trade balance of -US$101M.
Market Concentration
#permalink to section2024-Q3: US$29.3M, International Sales
The visualization shows the quarterly concentration of international sales of Chemical Products and Binder Preparations at state level.
In the third quarter of 2024, international sales were US$29.3M, being the states with the most sales Jalisco (US$9.79M), Nuevo León (US$7.17M), and Baja California (US$3.17M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$116M, State with the Most International Sales (2023)
United States: US$243M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Chemical Products and Binder Preparations were Jalisco (US$116M), Nuevo León (US$85.6M), Tabasco (US$57.2M), Estado de México (US$39.4M), and Baja California (US$27.7M).
In 2023, the countries with the most international purchases from Mexico were United States (US$243M), Chile (US$18M), Guatemala (US$15.1M), Peru (US$15.1M), and Slovakia (US$14M).
International Purchases
#permalink to sectionCiudad de México: US$1.73B, State with the Most International Purchases (2023)
United States: US$2.26B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Chemical Products and Binder Preparations were Ciudad de México (US$1.73B), Estado de México (US$269M), Nuevo León (US$178M), Jalisco (US$114M), and Querétaro (US$101M).
The countries with the most international sales to Mexico in 2023 were United States (US$2.26B), Germany (US$102M), China (US$90.7M), Spain (US$60.8M), and Japan (US$35.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Chemical Products and Binder Preparations and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Chemical Products and Binder Preparations. 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- 0.61%, Mexican share in global exports - 2022
- 3.85%, Mexican share in global imports - 2022
The visualizations show the global market for Chemical Products and Binder Preparations. 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 Chemical Products and Binder Preparations were China (US$10.5B), United States (US$7.2B), and Germany (US$6.75B). In the same year, the main importing countries for Chemical Products and Binder Preparations were United States (US$6.44B), China (US$5.86B), and Germany (US$3.52B).