Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury)
Código 291811 (Harmonized System 2012 by 6 digits)
2023: US$34.2M, Total Trade Exchange
2023: US$750k, International Sales
2023: US$33.5M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) was US$34.2M.
In 2023, the states with the most international sales in Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Estado de México (US$72k) and Baja California (US$2.39k).
The states with the most international purchases in 2023 were Querétaro (US$19.3M), Ciudad de México (US$9.22M), Jalisco (US$1.81M), Estado de México (US$1.63M), and Guanajuato (US$536k).
In 2023, the main commercial destinations of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Costa Rica (US$43.3k), United States (US$10.2k), Panama (US$6.6k), Cuba (US$5.72k), and Chile (US$3.82k).
The main commercial origins of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) in 2023 were Spain (US$18M), United States (US$4.9M), China (US$4.69M), Netherlands (US$2.45M), and France (US$988k).
In the global context, the main exporting countries of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) in 2022 were Netherlands (US$199M), China (US$180M), and Thailand (US$130M). In the same year, the main importing countries of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Netherlands (US$96.1M), United States (US$90.7M), and Germany (US$58.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$34.2M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) in Mexico (including international purchases and sales) was US$34.2M.
The visualizations show the net balance of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) 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 sectionNovember, 2024
- US$4.18M, International Purchases
- US$29.6k, International Sales
In November 2024, international sales of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were US$29.6k, while international purchases reached US$4.18M. The above results in a trade balance of -US$4.15M.
Market Concentration
#permalink to section2024-Q4: US$11.3k, International Sales
The visualization shows the quarterly concentration of international sales of Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) at state level.
In the fourth quarter of 2024, international sales were US$11.3k, being the states with the most sales Estado de México (US$11.3k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$72k, State with the Most International Sales (2023)
Costa Rica: US$43.3k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Estado de México (US$72k) and Baja California (US$2.39k).
In 2023, the countries with the most international purchases from Mexico were Costa Rica (US$43.3k), United States (US$10.2k), Panama (US$6.6k), Cuba (US$5.72k), and Chile (US$3.82k).
International Purchases
#permalink to sectionQuerétaro: US$19.3M, State with the Most International Purchases (2023)
Spain: US$18M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Querétaro (US$19.3M), Ciudad de México (US$9.22M), Jalisco (US$1.81M), Estado de México (US$1.63M), and Guanajuato (US$536k).
The countries with the most international sales to Mexico in 2023 were Spain (US$18M), United States (US$4.9M), China (US$4.69M), Netherlands (US$2.45M), and France (US$988k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury). 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- 0.046%, Mexican share in global exports - 2022
- 3.04%, Mexican share in global imports - 2022
The visualizations show the global market for Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury). 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 Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Netherlands (US$199M), China (US$180M), and Thailand (US$130M). In the same year, the main importing countries for Lactic Acid, its Salts and Esters (Exc. Inorganic or Organic Mercury) were Netherlands (US$96.1M), United States (US$90.7M), and Germany (US$58.7M).