Liquefied Natural Gas
Código 271111 (Harmonized System 2012 by 6 digits)
2014: US$47.4k, International Sales
2023: US$224M, International Purchases
In 2011, the states with the most international sales in Liquefied Natural Gas were Ciudad de México (US$7.98k).
The states with the most international purchases in 2023 were Ciudad de México (US$221M).
In 2011, the main commercial destinations of Liquefied Natural Gas were United States (US$7.98k).
The main commercial origins of Liquefied Natural Gas in 2023 were United States (US$151M), Indonesia (US$37.7M), and Peru (US$33.2M).
In the global context, the main exporting countries of Liquefied Natural Gas in 2022 were United States (US$73.7B), Australia (US$66.4B), and Qatar (US$59.9B). In the same year, the main importing countries of Liquefied Natural Gas were Japan (US$57.8B), South Korea (US$45.3B), and China (US$45.3B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Liquefied Natural Gas 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$29.4M, International Purchases
In July 2024, international sales of Liquefied Natural Gas were US$0, while international purchases reached US$29.4M. The above results in a trade balance of -US$29.4M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$7.98k, State with the Most International Sales (2011)
United States: US$7.98k, Main commercial destination (2011)
In 2011, the states with the highest international sales in Liquefied Natural Gas were Ciudad de México (US$7.98k).
In 2011, the countries with the most international purchases from Mexico were United States (US$7.98k).
International Purchases
#permalink to sectionCiudad de México: US$221M, State with the Most International Purchases (2023)
United States: US$151M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Liquefied Natural Gas were Ciudad de México (US$221M).
The countries with the most international sales to Mexico in 2023 were United States (US$151M), Indonesia (US$37.7M), and Peru (US$33.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Liquefied Natural Gas and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Liquefied Natural Gas. 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%, Mexican share in global exports - 2022
- 0.059%, Mexican share in global imports - 2022
The visualizations show the global market for Liquefied Natural Gas. 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 Liquefied Natural Gas were United States (US$73.7B), Australia (US$66.4B), and Qatar (US$59.9B). In the same year, the main importing countries for Liquefied Natural Gas were Japan (US$57.8B), South Korea (US$45.3B), and China (US$45.3B).