Essential Oils, Perfumes, Cosmetics, Toiletries
Code 33 (Harmonized System 2012 by 2 digits)
2023: US$7.71B, Total Trade Exchange
2023: US$3.18B, International Sales
2023: US$4.52B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Essential Oils, Perfumes, Cosmetics, Toiletries was US$7.71B.
In 2023, the states with the most international sales in Essential Oils, Perfumes, Cosmetics, Toiletries were Estado de México (US$872M), Guanajuato (US$607M), Ciudad de México (US$416M), Baja California (US$284M), and Sonora (US$255M).
The states with the most international purchases in 2023 were Ciudad de México (US$3.28B), Estado de México (US$468M), Morelos (US$154M), Nuevo León (US$137M), and Baja California (US$125M).
In 2023, the main commercial destinations of Essential Oils, Perfumes, Cosmetics, Toiletries were United States (US$1.85B), Guatemala (US$157M), Colombia (US$145M), Chile (US$125M), and Peru (US$88.8M).
The main commercial origins of Essential Oils, Perfumes, Cosmetics, Toiletries in 2023 were Ireland (US$1.66B), United States (US$1.1B), France (US$364M), Spain (US$250M), and Colombia (US$171M).
In the global context, the main exporting countries of Essential Oils, Perfumes, Cosmetics, Toiletries in 2022 were France (US$25.7B), United States (US$15B), and Germany (US$11.3B). In the same year, the main importing countries of Essential Oils, Perfumes, Cosmetics, Toiletries were United States (US$18.8B), China (US$14.4B), and Germany (US$8.21B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$7.71B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Essential Oils, Perfumes, Cosmetics, Toiletries in Mexico (including international purchases and sales) was US$7.71B.
The visualizations show the net balance of Essential Oils, Perfumes, Cosmetics, Toiletries 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$304M, International Sales
- US$496M, International Purchases
In July 2024, international sales of Essential Oils, Perfumes, Cosmetics, Toiletries were US$304M and a total of US$496M in international purchases. For this month the net trade balance of Essential Oils, Perfumes, Cosmetics, Toiletries it was of -US$192M.
Market Concentration
#permalink to section2024-Q3: US$296M, International Sales
The visualization shows the quarterly concentration of international sales of Essential Oils, Perfumes, Cosmetics, Toiletries at state level.
In the third quarter of 2024, international sales were US$296M, being the states with the most sales Estado de México (US$94.5M), Guanajuato (US$53.6M), and Ciudad de México (US$38M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$872M, State with the Most International Sales (2023)
United States: US$1.85B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Essential Oils, Perfumes, Cosmetics, Toiletries were Estado de México (US$872M), Guanajuato (US$607M), Ciudad de México (US$416M), Baja California (US$284M), and Sonora (US$255M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.85B), Guatemala (US$157M), Colombia (US$145M), Chile (US$125M), and Peru (US$88.8M).
International Purchases
#permalink to sectionCiudad de México: US$3.28B, State with the Most International Purchases (2023)
Ireland: US$1.66B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Essential Oils, Perfumes, Cosmetics, Toiletries were Ciudad de México (US$3.28B), Estado de México (US$468M), Morelos (US$154M), Nuevo León (US$137M), and Baja California (US$125M).
The countries with the most international sales to Mexico in 2023 were Ireland (US$1.66B), United States (US$1.1B), France (US$364M), Spain (US$250M), and Colombia (US$171M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Essential Oils, Perfumes, Cosmetics, Toiletries and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Essential Oils, Perfumes, Cosmetics, Toiletries. 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- 1.91%, Mexican share in global exports - 2022
- 2.2%, Mexican share in global imports - 2022
The visualizations show the global market for Essential Oils, Perfumes, Cosmetics, Toiletries. 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 Essential Oils, Perfumes, Cosmetics, Toiletries were France (US$25.7B), United States (US$15B), and Germany (US$11.3B). In the same year, the main importing countries for Essential Oils, Perfumes, Cosmetics, Toiletries were United States (US$18.8B), China (US$14.4B), and Germany (US$8.21B).