Cork Thereof
Code 45 (Harmonized System 2012 by 2 digits)
2023: US$62.6M, Total Trade Exchange
2023: US$3.49M, International Sales
2023: US$59.2M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cork Thereof was US$62.6M.
In 2023, the states with the most international sales in Cork Thereof were Ciudad de México (US$2.21M), Jalisco (US$809k), Guanajuato (US$224k), Estado de México (US$83.4k), and Baja California (US$25.6k).
The states with the most international purchases in 2023 were Jalisco (US$29.2M), Ciudad de México (US$12.7M), Baja California (US$4.09M), Estado de México (US$3.72M), and Guanajuato (US$2.5M).
In 2023, the main commercial destinations of Cork Thereof were United States (US$3.1M), Portugal (US$138k), El Salvador (US$79.5k), Guatemala (US$28.1k), and Nicaragua (US$19.9k).
The main commercial origins of Cork Thereof in 2023 were Portugal (US$39.4M), Spain (US$8.26M), United States (US$6.96M), France (US$1.63M), and China (US$1.32M).
In the global context, the main exporting countries of Cork Thereof in 2022 were Portugal (US$1.18B), Spain (US$417M), and France (US$107M). In the same year, the main importing countries of Cork Thereof were France (US$332M), United States (US$310M), and Portugal (US$285M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$62.6M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cork Thereof in Mexico (including international purchases and sales) was US$62.6M.
The visualizations show the net balance of Cork Thereof 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$368k, International Sales
- US$7.42M, International Purchases
In July 2024, international sales of Cork Thereof were US$368k and a total of US$7.42M in international purchases. For this month the net trade balance of Cork Thereof it was of -US$7.05M.
Market Concentration
#permalink to section2024-Q3: US$360k, International Sales
The visualization shows the quarterly concentration of international sales of Cork Thereof at state level.
In the third quarter of 2024, international sales were US$360k, being the states with the most sales Jalisco (US$198k), Ciudad de México (US$146k), and Guanajuato (US$10.8k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$2.21M, State with the Most International Sales (2023)
United States: US$3.1M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Cork Thereof were Ciudad de México (US$2.21M), Jalisco (US$809k), Guanajuato (US$224k), Estado de México (US$83.4k), and Baja California (US$25.6k).
In 2023, the countries with the most international purchases from Mexico were United States (US$3.1M), Portugal (US$138k), El Salvador (US$79.5k), Guatemala (US$28.1k), and Nicaragua (US$19.9k).
International Purchases
#permalink to sectionJalisco: US$29.2M, State with the Most International Purchases (2023)
Portugal: US$39.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cork Thereof were Jalisco (US$29.2M), Ciudad de México (US$12.7M), Baja California (US$4.09M), Estado de México (US$3.72M), and Guanajuato (US$2.5M).
The countries with the most international sales to Mexico in 2023 were Portugal (US$39.4M), Spain (US$8.26M), United States (US$6.96M), France (US$1.63M), and China (US$1.32M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cork Thereof and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cork Thereof. 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- 0.28%, Mexican share in global exports - 2022
- 1.64%, Mexican share in global imports - 2022
The visualizations show the global market for Cork Thereof. 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 Cork Thereof were Portugal (US$1.18B), Spain (US$417M), and France (US$107M). In the same year, the main importing countries for Cork Thereof were France (US$332M), United States (US$310M), and Portugal (US$285M).