Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral
Código 381129 (Harmonized System 2012 by 6 digits)
2023: US$52M, Total Trade Exchange
2023: US$44.4M, International Sales
2023: US$7.56M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral was US$52M.
In 2023, the states with the most international sales in Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral were Ciudad de México (US$44.1M).
The states with the most international purchases in 2023 were Ciudad de México (US$2.92M), Estado de México (US$1.58M), Nuevo León (US$1.4M), Querétaro (US$828k), and Guanajuato (US$469k).
In 2023, the main commercial destinations of Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral were United States (US$38.3M), Brazil (US$3.69M), Germany (US$937k), China (US$615k), and South Korea (US$144k).
The main commercial origins of Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral in 2023 were United States (US$3.64M), China (US$1.5M), Germany (US$573k), Canada (US$476k), and India (US$399k).
In the global context, the main exporting countries of Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral in 2022 were United States (US$351M), South Korea (US$125M), and Germany (US$92.1M). In the same year, the main importing countries of Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral were United States (US$192M), France (US$144M), and China (US$110M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$52M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral in Mexico (including international purchases and sales) was US$52M.
The visualizations show the net balance of Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral 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$1.04M, International Purchases
- US$4.77M, International Sales
In July 2024, international sales of Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral were US$4.77M, while international purchases reached US$1.04M. The above results in a trade balance of US$3.74M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$44.1M, State with the Most International Sales (2023)
United States: US$38.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral were Ciudad de México (US$44.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$38.3M), Brazil (US$3.69M), Germany (US$937k), China (US$615k), and South Korea (US$144k).
International Purchases
#permalink to sectionCiudad de México: US$2.92M, State with the Most International Purchases (2023)
United States: US$3.64M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral were Ciudad de México (US$2.92M), Estado de México (US$1.58M), Nuevo León (US$1.4M), Querétaro (US$828k), and Guanajuato (US$469k).
The countries with the most international sales to Mexico in 2023 were United States (US$3.64M), China (US$1.5M), Germany (US$573k), Canada (US$476k), and India (US$399k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral. 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- 4.56%, Mexican share in global exports - 2022
- 0.6%, Mexican share in global imports - 2022
The visualizations show the global market for Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral. 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 Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral were United States (US$351M), South Korea (US$125M), and Germany (US$92.1M). In the same year, the main importing countries for Lubricating Oil Additives, not Containing Petroleum Oils or Bituminous Mineral were United States (US$192M), France (US$144M), and China (US$110M).