Methanal "Formaldehyde"
Código 291211 (Harmonized System 2012 by 6 digits)
2023: US$465k, Total Trade Exchange
2023: US$418k, International Sales
2023: US$47k, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Methanal "Formaldehyde" was US$465k.
In 2018, the states with the most international sales in Methanal "Formaldehyde" were Nuevo León (US$13.2k).
The states with the most international purchases in 2023 were Ciudad de México (US$25.2k) and Estado de México (US$13.1k).
In 2018, the main commercial destinations of Methanal "Formaldehyde" were Cuba (US$8.69k), Chile (US$2.4k), Peru (US$864), Venezuela (US$672), and Costa Rica (US$403).
The main commercial origins of Methanal "Formaldehyde" in 2023 were Denmark (US$22.3k), United States (US$6.39k), India (US$5.45k), Germany (US$3.74k), and Switzerland (US$343).
In the global context, the main exporting countries of Methanal "Formaldehyde" in 2022 were Netherlands (US$43.2M), Belgium (US$19.4M), and Germany (US$17.5M). In the same year, the main importing countries of Methanal "Formaldehyde" were Germany (US$37.5M), Poland (US$20M), and Belgium (US$14.3M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$465k, Total Trade Exchange (2023)
In 2023, the total trade exchange of Methanal "Formaldehyde" in Mexico (including international purchases and sales) was US$465k.
The visualizations show the net balance of Methanal "Formaldehyde" 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$26.2k, International Sales
In November 2024, international sales of Methanal "Formaldehyde" were US$26.2k, while international purchases reached US$0. The above results in a trade balance of US$26.2k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$13.2k, State with the Most International Sales (2018)
Cuba: US$8.69k, Main commercial destination (2018)
In 2018, the states with the highest international sales in Methanal "Formaldehyde" were Nuevo León (US$13.2k).
In 2018, the countries with the most international purchases from Mexico were Cuba (US$8.69k), Chile (US$2.4k), Peru (US$864), Venezuela (US$672), and Costa Rica (US$403).
International Purchases
#permalink to sectionCiudad de México: US$25.2k, State with the Most International Purchases (2023)
Denmark: US$22.3k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Methanal "Formaldehyde" were Ciudad de México (US$25.2k) and Estado de México (US$13.1k).
The countries with the most international sales to Mexico in 2023 were Denmark (US$22.3k), United States (US$6.39k), India (US$5.45k), Germany (US$3.74k), and Switzerland (US$343).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Methanal "Formaldehyde" and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Methanal "Formaldehyde". 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- 0.33%, Mexican share in global exports - 2022
- 0.86%, Mexican share in global imports - 2022
The visualizations show the global market for Methanal "Formaldehyde". 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 Methanal "Formaldehyde" were Netherlands (US$43.2M), Belgium (US$19.4M), and Germany (US$17.5M). In the same year, the main importing countries for Methanal "Formaldehyde" were Germany (US$37.5M), Poland (US$20M), and Belgium (US$14.3M).