ProceduresGovernment

Fatty Acids "Tall-Oil", Industrial

Código 382313 (Harmonized System 2012 by 6 digits)

2022: US$504k, International Sales

  2023: US$16.8M, International Purchases

In 2021, the states with the most international sales in Fatty Acids "Tall-Oil", Industrial were Ciudad de México (US$1.65k).

The states with the most international purchases in 2023 were Querétaro (US$6.54M), Tabasco (US$5.04M), Nuevo León (US$2.26M), Jalisco (US$1.51M), and Ciudad de México (US$558k).

In 2021, the main commercial destinations of Fatty Acids "Tall-Oil", Industrial were Spain (US$1.61k), Guatemala (US$36), and Brazil (US$0).

The main commercial origins of Fatty Acids "Tall-Oil", Industrial in 2023 were United States (US$13.5M), United Arab Emirates (US$1.79M), Finland (US$836k), Sweden (US$181k), and China (US$46k).

In the global context, the main exporting countries of Fatty Acids "Tall-Oil", Industrial in 2022 were Finland (US$113M), United States (US$91.4M), and Sweden (US$53.4M). In the same year, the main importing countries of Fatty Acids "Tall-Oil", Industrial were Netherlands (US$48.5M), Australia (US$24.5M), and Germany (US$24.1M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Fatty Acids "Tall-Oil", Industrial 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$553k, International Purchases

In July 2024, international sales of Fatty Acids "Tall-Oil", Industrial were US$0, while international purchases reached US$553k. The above results in a trade balance of -US$553k.

Exchange by Territory

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International Sales

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Ciudad de México: US$1.65k, State with the Most International Sales (2021)

Spain: US$1.61k, Main commercial destination (2021)

In 2021, the states with the highest international sales in Fatty Acids "Tall-Oil", Industrial were Ciudad de México (US$1.65k).

In 2021, the countries with the most international purchases from Mexico were Spain (US$1.61k), Guatemala (US$36), and Brazil (US$0).

International Purchases

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Querétaro: US$6.54M, State with the Most International Purchases (2023)

United States: US$13.5M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Fatty Acids "Tall-Oil", Industrial were Querétaro (US$6.54M), Tabasco (US$5.04M), Nuevo León (US$2.26M), Jalisco (US$1.51M), and Ciudad de México (US$558k).

The countries with the most international sales to Mexico in 2023 were United States (US$13.5M), United Arab Emirates (US$1.79M), Finland (US$836k), Sweden (US$181k), and China (US$46k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Fatty Acids "Tall-Oil", Industrial  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Fatty Acids "Tall-Oil", Industrial. 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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  • 0.11%, Mexican share in global exports - 2022
  • 3.48%, Mexican share in global imports - 2022

The visualizations show the global market for Fatty Acids "Tall-Oil", Industrial. 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 Fatty Acids "Tall-Oil", Industrial were Finland (US$113M), United States (US$91.4M), and Sweden (US$53.4M). In the same year, the main importing countries for Fatty Acids "Tall-Oil", Industrial were Netherlands (US$48.5M), Australia (US$24.5M), and Germany (US$24.1M).