ProceduresGovernment

Methanol "Methyl Alcohol"

Código 290511 (Harmonized System 2012 by 6 digits)

 2023: US$43.2M, Total Trade Exchange

2023: US$1.42M, International Sales

  2023: US$41.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Methanol "Methyl Alcohol" was US$43.2M.

In 2023, the states with the most international sales in Methanol "Methyl Alcohol" were Estado de México (US$1.41M).

The states with the most international purchases in 2023 were Estado de México (US$9.1M), Ciudad de México (US$6.25M), Nuevo León (US$129k), Baja California (US$99.8k), and Chihuahua (US$99.4k).

In 2023, the main commercial destinations of Methanol "Methyl Alcohol" were Brazil (US$392k), El Salvador (US$309k), Guatemala (US$284k), Nicaragua (US$150k), and Argentina (US$74.4k).

The main commercial origins of Methanol "Methyl Alcohol" in 2023 were United States (US$15.4M), Germany (US$151k), Venezuela (US$59.9k), Trinidad and Tobago (US$16.9k), and Poland (US$6.43k).

In the global context, the main exporting countries of Methanol "Methyl Alcohol" in 2022 were Trinidad and Tobago (US$2.03B), Saudi Arabia (US$1.82B), and United States (US$1.46B). In the same year, the main importing countries of Methanol "Methyl Alcohol" were China (US$2.7B), India (US$967M), and Netherlands (US$858M).

Trade Balance of Mexico

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Net Trade Balance

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US$43.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Methanol "Methyl Alcohol" in Mexico (including international purchases and sales) was US$43.2M.

The visualizations show the net balance of Methanol "Methyl Alcohol" 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$5.72M, International Purchases
  • US$168k, International Sales

In July 2024, international sales of Methanol "Methyl Alcohol" were US$168k, while international purchases reached US$5.72M. The above results in a trade balance of -US$5.55M.

Exchange by Territory

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International Sales

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Estado de México: US$1.41M, State with the Most International Sales (2023)

Brazil: US$392k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Methanol "Methyl Alcohol" were Estado de México (US$1.41M).

In 2023, the countries with the most international purchases from Mexico were Brazil (US$392k), El Salvador (US$309k), Guatemala (US$284k), Nicaragua (US$150k), and Argentina (US$74.4k).

International Purchases

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Estado de México: US$9.1M, State with the Most International Purchases (2023)

United States: US$15.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Methanol "Methyl Alcohol" were Estado de México (US$9.1M), Ciudad de México (US$6.25M), Nuevo León (US$129k), Baja California (US$99.8k), and Chihuahua (US$99.4k).

The countries with the most international sales to Mexico in 2023 were United States (US$15.4M), Germany (US$151k), Venezuela (US$59.9k), Trinidad and Tobago (US$16.9k), and Poland (US$6.43k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Methanol "Methyl Alcohol"  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Methanol "Methyl Alcohol". 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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  • 0.015%, Mexican share in global exports - 2022
  • 0.52%, Mexican share in global imports - 2022

The visualizations show the global market for Methanol "Methyl Alcohol". 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 Methanol "Methyl Alcohol" were Trinidad and Tobago (US$2.03B), Saudi Arabia (US$1.82B), and United States (US$1.46B). In the same year, the main importing countries for Methanol "Methyl Alcohol" were China (US$2.7B), India (US$967M), and Netherlands (US$858M).