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Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials)

Código 340319 (Harmonized System 2012 by 6 digits)

 2023: US$207M, Total Trade Exchange

2023: US$9.38M, International Sales

  2023: US$198M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) was US$207M.

In 2023, the states with the most international sales in Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) were Querétaro (US$2.84M), Estado de México (US$2.82M), Nuevo León (US$2M), Jalisco (US$434k), and Chihuahua (US$393k).

The states with the most international purchases in 2023 were Ciudad de México (US$78.5M), Querétaro (US$20M), Nuevo León (US$19.6M), Chihuahua (US$14.5M), and Estado de México (US$10.7M).

In 2023, the main commercial destinations of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) were United States (US$4.54M), Guatemala (US$1.17M), Colombia (US$526k), Chile (US$443k), and Peru (US$429k).

The main commercial origins of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) in 2023 were United States (US$164M), Germany (US$11.1M), France (US$3.66M), Japan (US$3.46M), and South Korea (US$2.87M).

In the global context, the main exporting countries of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) in 2022 were Germany (US$1.09B), United States (US$723M), and France (US$644M). In the same year, the main importing countries of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) were China (US$425M), Germany (US$402M), and Canada (US$233M).

Trade Balance of Mexico

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Net Trade Balance

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US$207M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) in Mexico (including international purchases and sales) was US$207M.

The visualizations show the net balance of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) 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$19M, International Purchases
  • US$914k, International Sales

In July 2024, international sales of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) were US$914k, while international purchases reached US$19M. The above results in a trade balance of -US$18.1M.

Market Concentration

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2024-Q3: US$798k, International Sales

The visualization shows the quarterly concentration of international sales of Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) at state level.

In the third quarter of 2024, international sales were US$798k, being the states with the most sales Estado de México (US$328k), Querétaro (US$200k), and Nuevo León (US$149k).

Exchange by Territory

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International Sales

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Querétaro: US$2.84M, State with the Most International Sales (2023)

United States: US$4.54M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) were Querétaro (US$2.84M), Estado de México (US$2.82M), Nuevo León (US$2M), Jalisco (US$434k), and Chihuahua (US$393k).

In 2023, the countries with the most international purchases from Mexico were United States (US$4.54M), Guatemala (US$1.17M), Colombia (US$526k), Chile (US$443k), and Peru (US$429k).

International Purchases

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Ciudad de México: US$78.5M, State with the Most International Purchases (2023)

United States: US$164M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) were Ciudad de México (US$78.5M), Querétaro (US$20M), Nuevo León (US$19.6M), Chihuahua (US$14.5M), and Estado de México (US$10.7M).

The countries with the most international sales to Mexico in 2023 were United States (US$164M), Germany (US$11.1M), France (US$3.66M), Japan (US$3.46M), and South Korea (US$2.87M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials). 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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  • 0.16%, Mexican share in global exports - 2022
  • 3.84%, Mexican share in global imports - 2022

The visualizations show the global market for Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials). 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 Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) were Germany (US$1.09B), United States (US$723M), and France (US$644M). In the same year, the main importing countries for Lubricating Preparations, Incl. Cutting Oils, Preparations Nut Release Preparations, Antirust or Anticorrosion Preparations and Mold Release, Based on Lubricants, Containing Oils of Petroleum or Obtained from Bituminous Minerals (Exc. those Containing Petroleum Oils Mineral Bituminous, as Basic Constituents,> = 70% by Weight and Preparations for the Treatment of Textile Materials, Leather, Furskins or other Materials) were China (US$425M), Germany (US$402M), and Canada (US$233M).