Diazo Compounds, Azo- or Azoxy
Código 2927 (Harmonized System 2012 by 4 digits)
2023: US$30.9M, Total Trade Exchange
2023: US$22M, International Sales
2023: US$8.88M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Diazo Compounds, Azo- or Azoxy was US$30.9M.
In 2023, the states with the most international sales in Diazo Compounds, Azo- or Azoxy were Estado de México (US$22M) and Ciudad de México (US$44.7k).
The states with the most international purchases in 2023 were Nuevo León (US$3.16M), Ciudad de México (US$1.5M), Estado de México (US$1.32M), Jalisco (US$1.16M), and Sinaloa (US$558k).
In 2023, the main commercial destinations of Diazo Compounds, Azo- or Azoxy were United States (US$11.3M), Canada (US$8.38M), Belgium (US$1.53M), Brazil (US$534k), and El Salvador (US$89.6k).
The main commercial origins of Diazo Compounds, Azo- or Azoxy in 2023 were China (US$7.34M), United States (US$596k), India (US$285k), Thailand (US$184k), and South Korea (US$178k).
In the global context, the main exporting countries of Diazo Compounds, Azo- or Azoxy in 2022 were China (US$329M), Indonesia (US$84.7M), and India (US$69.4M). In the same year, the main importing countries of Diazo Compounds, Azo- or Azoxy were United States (US$88.1M), South Korea (US$78.9M), and Germany (US$53.5M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$30.9M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Diazo Compounds, Azo- or Azoxy in Mexico (including international purchases and sales) was US$30.9M.
The visualizations show the net balance of Diazo Compounds, Azo- or Azoxy 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$1.25M, International Purchases
In July 2024, international sales of Diazo Compounds, Azo- or Azoxy were US$0, while international purchases reached US$1.25M. The above results in a trade balance of -US$1.25M.
Market Concentration
#permalink to section2024-Q3: US$1.4M, International Sales
The visualization shows the quarterly concentration of international sales of Diazo Compounds, Azo- or Azoxy at state level.
In the third quarter of 2024, international sales were US$1.4M, being the states with the most sales Estado de México (US$1.4M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$22M, State with the Most International Sales (2023)
United States: US$11.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Diazo Compounds, Azo- or Azoxy were Estado de México (US$22M) and Ciudad de México (US$44.7k).
In 2023, the countries with the most international purchases from Mexico were United States (US$11.3M), Canada (US$8.38M), Belgium (US$1.53M), Brazil (US$534k), and El Salvador (US$89.6k).
International Purchases
#permalink to sectionNuevo León: US$3.16M, State with the Most International Purchases (2023)
China: US$7.34M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Diazo Compounds, Azo- or Azoxy were Nuevo León (US$3.16M), Ciudad de México (US$1.5M), Estado de México (US$1.32M), Jalisco (US$1.16M), and Sinaloa (US$558k).
The countries with the most international sales to Mexico in 2023 were China (US$7.34M), United States (US$596k), India (US$285k), Thailand (US$184k), and South Korea (US$178k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Diazo Compounds, Azo- or Azoxy and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Diazo Compounds, Azo- or Azoxy. 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- 2.77%, Mexican share in global exports - 2022
- 1.45%, Mexican share in global imports - 2022
The visualizations show the global market for Diazo Compounds, Azo- or Azoxy. 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 Diazo Compounds, Azo- or Azoxy were China (US$329M), Indonesia (US$84.7M), and India (US$69.4M). In the same year, the main importing countries for Diazo Compounds, Azo- or Azoxy were United States (US$88.1M), South Korea (US$78.9M), and Germany (US$53.5M).