ProceduresGovernment

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

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Net Trade Balance

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US$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

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July, 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

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2024-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

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International Sales

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Estado 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

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Nuevo 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

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Specialization by State

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The 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.

Origins and Trade Destinations

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  • 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).