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Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium

Código 310520 (Harmonized System 2012 by 6 digits)

 2023: US$209M, Total Trade Exchange

2023: US$13.7M, International Sales

  2023: US$195M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium was US$209M.

In 2023, the states with the most international sales in Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium were Jalisco (US$7.94M), Querétaro (US$1.6M), Nuevo León (US$1.42M), and Sinaloa (US$213k).

The states with the most international purchases in 2023 were Jalisco (US$117M), Querétaro (US$35.3M), Ciudad de México (US$15.1M), Veracruz de Ignacio de la Llave (US$6.23M), and Sonora (US$5.87M).

In 2023, the main commercial destinations of Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium were United States (US$3.07M), Guatemala (US$2.71M), Ecuador (US$1.2M), Colombia (US$828k), and Honduras (US$657k).

The main commercial origins of Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium in 2023 were Norway (US$65.3M), Russia (US$43M), Belgium (US$27.4M), Germany (US$15.7M), and Israel (US$15.5M).

In the global context, the main exporting countries of Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium in 2022 were Russia (US$2.93B), Norway (US$1.64B), and Finland (US$869M). In the same year, the main importing countries of Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium were Brazil (US$1.44B), India (US$930M), and China (US$487M).

Trade Balance of Mexico

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Net Trade Balance

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US$209M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium in Mexico (including international purchases and sales) was US$209M.

The visualizations show the net balance of Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium 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$15.5M, International Purchases
  • US$1.3M, International Sales

In July 2024, international sales of Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium were US$1.3M, while international purchases reached US$15.5M. The above results in a trade balance of -US$14.2M.

Exchange by Territory

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International Sales

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Jalisco: US$7.94M, State with the Most International Sales (2023)

United States: US$3.07M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium were Jalisco (US$7.94M), Querétaro (US$1.6M), Nuevo León (US$1.42M), and Sinaloa (US$213k).

In 2023, the countries with the most international purchases from Mexico were United States (US$3.07M), Guatemala (US$2.71M), Ecuador (US$1.2M), Colombia (US$828k), and Honduras (US$657k).

International Purchases

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Jalisco: US$117M, State with the Most International Purchases (2023)

Norway: US$65.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium were Jalisco (US$117M), Querétaro (US$35.3M), Ciudad de México (US$15.1M), Veracruz de Ignacio de la Llave (US$6.23M), and Sonora (US$5.87M).

The countries with the most international sales to Mexico in 2023 were Norway (US$65.3M), Russia (US$43M), Belgium (US$27.4M), Germany (US$15.7M), and Israel (US$15.5M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium. 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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  • 0.15%, Mexican share in global exports - 2022
  • 1.95%, Mexican share in global imports - 2022

The visualizations show the global market for Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium. 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 Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium were Russia (US$2.93B), Norway (US$1.64B), and Finland (US$869M). In the same year, the main importing countries for Mineral or Chemical Fertilizers with all three Elements: (. Exc in Tablets or Similar Forms or in Packages with a Gross Weight of <= 10 Kg) Nitrogen, Phosphorus and Potassium were Brazil (US$1.44B), India (US$930M), and China (US$487M).