Epoxy Resins, in Primary Forms
Código 390730 (Harmonized System 2012 by 6 digits)
2023: US$275M, Total Trade Exchange
2023: US$15.4M, International Sales
2023: US$259M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Epoxy Resins, in Primary Forms was US$275M.
In 2023, the states with the most international sales in Epoxy Resins, in Primary Forms were Ciudad de México (US$5.61M), Estado de México (US$3.05M), Chihuahua (US$2.98M), Querétaro (US$1.35M), and Baja California (US$693k).
The states with the most international purchases in 2023 were Baja California (US$50M), Querétaro (US$32.3M), Ciudad de México (US$30.8M), Chihuahua (US$29.1M), and Nuevo León (US$25.4M).
In 2023, the main commercial destinations of Epoxy Resins, in Primary Forms were United States (US$13.2M), Colombia (US$570k), Guatemala (US$407k), Peru (US$311k), and Costa Rica (US$252k).
The main commercial origins of Epoxy Resins, in Primary Forms in 2023 were United States (US$189M), United Kingdom (US$12.8M), South Korea (US$11.5M), China (US$9.93M), and Japan (US$9.87M).
In the global context, the main exporting countries of Epoxy Resins, in Primary Forms in 2022 were South Korea (US$1.51B), Germany (US$1.2B), and Taiwan (Republic of China) (US$972M). In the same year, the main importing countries of Epoxy Resins, in Primary Forms were China (US$1.17B), United States (US$944M), and Germany (US$636M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$275M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Epoxy Resins, in Primary Forms in Mexico (including international purchases and sales) was US$275M.
The visualizations show the net balance of Epoxy Resins, in Primary Forms 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$25.5M, International Purchases
- US$1.08M, International Sales
In July 2024, international sales of Epoxy Resins, in Primary Forms were US$1.08M, while international purchases reached US$25.5M. The above results in a trade balance of -US$24.5M.
Market Concentration
#permalink to section2024-Q3: US$805k, International Sales
The visualization shows the quarterly concentration of international sales of Epoxy Resins, in Primary Forms at state level.
In the third quarter of 2024, international sales were US$805k, being the states with the most sales Ciudad de México (US$285k), Baja California (US$158k), and Chihuahua (US$128k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$5.61M, State with the Most International Sales (2023)
United States: US$13.2M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Epoxy Resins, in Primary Forms were Ciudad de México (US$5.61M), Estado de México (US$3.05M), Chihuahua (US$2.98M), Querétaro (US$1.35M), and Baja California (US$693k).
In 2023, the countries with the most international purchases from Mexico were United States (US$13.2M), Colombia (US$570k), Guatemala (US$407k), Peru (US$311k), and Costa Rica (US$252k).
International Purchases
#permalink to sectionBaja California: US$50M, State with the Most International Purchases (2023)
United States: US$189M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Epoxy Resins, in Primary Forms were Baja California (US$50M), Querétaro (US$32.3M), Ciudad de México (US$30.8M), Chihuahua (US$29.1M), and Nuevo León (US$25.4M).
The countries with the most international sales to Mexico in 2023 were United States (US$189M), United Kingdom (US$12.8M), South Korea (US$11.5M), China (US$9.93M), and Japan (US$9.87M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Epoxy Resins, in Primary Forms and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Epoxy Resins, in Primary Forms. 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- 0.19%, Mexican share in global exports - 2022
- 3.81%, Mexican share in global imports - 2022
The visualizations show the global market for Epoxy Resins, in Primary Forms. 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 Epoxy Resins, in Primary Forms were South Korea (US$1.51B), Germany (US$1.2B), and Taiwan (Republic of China) (US$972M). In the same year, the main importing countries for Epoxy Resins, in Primary Forms were China (US$1.17B), United States (US$944M), and Germany (US$636M).