Menthol
Código 290611 (Harmonized System 2012 by 6 digits)
2023: US$9.29M, Total Trade Exchange
2023: US$175k, International Sales
2023: US$9.12M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Menthol was US$9.29M.
In 2023, the states with the most international sales in Menthol were Ciudad de México (US$121k) and Estado de México (US$11.4k).
The states with the most international purchases in 2023 were Estado de México (US$3.19M), Ciudad de México (US$1.47M), Jalisco (US$119k), and Guanajuato (US$20k).
In 2023, the main commercial destinations of Menthol were United States (US$99.7k), Switzerland (US$31.6k), Colombia (US$985), El Salvador (US$358), and Venezuela (US$67).
The main commercial origins of Menthol in 2023 were United States (US$1.35M), Japan (US$1.04M), India (US$1.01M), Germany (US$951k), and China (US$297k).
In the global context, the main exporting countries of Menthol in 2022 were India (US$259M), Germany (US$147M), and China (US$109M). In the same year, the main importing countries of Menthol were China (US$191M), United States (US$89.7M), and India (US$46.5M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$9.29M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Menthol in Mexico (including international purchases and sales) was US$9.29M.
The visualizations show the net balance of Menthol 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$1.25M, International Purchases
- US$8.81k, International Sales
In November 2024, international sales of Menthol were US$8.81k, while international purchases reached US$1.25M. The above results in a trade balance of -US$1.24M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$121k, State with the Most International Sales (2023)
United States: US$99.7k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Menthol were Ciudad de México (US$121k) and Estado de México (US$11.4k).
In 2023, the countries with the most international purchases from Mexico were United States (US$99.7k), Switzerland (US$31.6k), Colombia (US$985), El Salvador (US$358), and Venezuela (US$67).
International Purchases
#permalink to sectionEstado de México: US$3.19M, State with the Most International Purchases (2023)
United States: US$1.35M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Menthol were Estado de México (US$3.19M), Ciudad de México (US$1.47M), Jalisco (US$119k), and Guanajuato (US$20k).
The countries with the most international sales to Mexico in 2023 were United States (US$1.35M), Japan (US$1.04M), India (US$1.01M), Germany (US$951k), and China (US$297k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Menthol and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Menthol. 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- 0.015%, Mexican share in global exports - 2022
- 1.15%, Mexican share in global imports - 2022
The visualizations show the global market for Menthol. 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 Menthol were India (US$259M), Germany (US$147M), and China (US$109M). In the same year, the main importing countries for Menthol were China (US$191M), United States (US$89.7M), and India (US$46.5M).