ProceduresGovernment

Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50)

Código 380893 (Harmonized System 2012 by 6 digits)

 2023: US$341M, Total Trade Exchange

2023: US$67.5M, International Sales

  2023: US$274M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) was US$341M.

In 2023, the states with the most international sales in Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) were Ciudad de México (US$27.8M), Coahuila de Zaragoza (US$12.8M), Jalisco (US$3.86M), Estado de México (US$2.14M), and Nuevo León (US$575k).

The states with the most international purchases in 2023 were Ciudad de México (US$160M), Jalisco (US$84.3M), Estado de México (US$2.7M), and Guanajuato (US$2.39M).

In 2023, the main commercial destinations of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) were Brazil (US$16.4M), Colombia (US$10.3M), Guatemala (US$5.1M), Costa Rica (US$4.66M), and Ecuador (US$1.6M).

The main commercial origins of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) in 2023 were United States (US$81M), China (US$56.4M), Colombia (US$29M), Germany (US$22.2M), and India (US$18.9M).

In the global context, the main exporting countries of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) in 2022 were China (US$8.2B), United States (US$1.79B), and France (US$1.42B). In the same year, the main importing countries of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) were Brazil (US$3.41B), Canada (US$1.18B), and Australia (US$1.13B).

Trade Balance of Mexico

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Net Trade Balance

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US$341M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) in Mexico (including international purchases and sales) was US$341M.

The visualizations show the net balance of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) 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$26M, International Purchases
  • US$4.51M, International Sales

In July 2024, international sales of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) were US$4.51M, while international purchases reached US$26M. The above results in a trade balance of -US$21.5M.

Market Concentration

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2024-Q3: US$2.76M, International Sales

The visualization shows the quarterly concentration of international sales of Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) at state level.

In the third quarter of 2024, international sales were US$2.76M, being the states with the most sales Ciudad de México (US$2.04M) and Coahuila de Zaragoza (US$720k).

Exchange by Territory

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International Sales

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Ciudad de México: US$27.8M, State with the Most International Sales (2023)

Brazil: US$16.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) were Ciudad de México (US$27.8M), Coahuila de Zaragoza (US$12.8M), Jalisco (US$3.86M), Estado de México (US$2.14M), and Nuevo León (US$575k).

In 2023, the countries with the most international purchases from Mexico were Brazil (US$16.4M), Colombia (US$10.3M), Guatemala (US$5.1M), Costa Rica (US$4.66M), and Ecuador (US$1.6M).

International Purchases

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Ciudad de México: US$160M, State with the Most International Purchases (2023)

United States: US$81M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) were Ciudad de México (US$160M), Jalisco (US$84.3M), Estado de México (US$2.7M), and Guanajuato (US$2.39M).

The countries with the most international sales to Mexico in 2023 were United States (US$81M), China (US$56.4M), Colombia (US$29M), Germany (US$22.2M), and India (US$18.9M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50). 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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  • 0.27%, Mexican share in global exports - 2022
  • 1.14%, Mexican share in global imports - 2022

The visualizations show the global market for Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50). 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 Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) were China (US$8.2B), United States (US$1.79B), and France (US$1.42B). In the same year, the main importing countries for Hervicidas, Anti-Bud Products and Plant Growth Regulators (Exc. Subtitulo Goods 3808.50) were Brazil (US$3.41B), Canada (US$1.18B), and Australia (US$1.13B).