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Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks

Código 2714 (Harmonized System 2012 by 4 digits)

 2023: US$6.42M, Total Trade Exchange

2023: US$1.01M, International Sales

  2023: US$5.41M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks was US$6.42M.

In 2020, the states with the most international sales in Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks were Jalisco (US$30.4k).

The states with the most international purchases in 2023 were Ciudad de México (US$3.11M), Tabasco (US$1.97M), Estado de México (US$100k), and Tamaulipas (US$71.9k).

In 2020, the main commercial destinations of Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks were Cuba (US$24.2k), Colombia (US$4.49k), Guatemala (US$1.61k), and United States (US$4).

The main commercial origins of Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks in 2023 were Colombia (US$1.91M), Argentina (US$1.62M), United States (US$1.53M), India (US$107k), and Puerto Rico (US$54.8k).

In the global context, the main exporting countries of Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks in 2022 were Turkey (US$263M), United States (US$171M), and Spain (US$74.7M). In the same year, the main importing countries of Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks were Egypt (US$208M), France (US$183M), and Canada (US$77.9M).

Trade Balance of Mexico

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Net Trade Balance

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US$6.42M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks in Mexico (including international purchases and sales) was US$6.42M.

The visualizations show the net balance of Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks 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$126k, International Purchases

In July 2024, international sales of Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks were US$0, while international purchases reached US$126k. The above results in a trade balance of -US$126k.

Exchange by Territory

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International Sales

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Jalisco: US$30.4k, State with the Most International Sales (2020)

Cuba: US$24.2k, Main commercial destination (2020)

In 2020, the states with the highest international sales in Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks were Jalisco (US$30.4k).

In 2020, the countries with the most international purchases from Mexico were Cuba (US$24.2k), Colombia (US$4.49k), Guatemala (US$1.61k), and United States (US$4).

International Purchases

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Ciudad de México: US$3.11M, State with the Most International Purchases (2023)

Colombia: US$1.91M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks were Ciudad de México (US$3.11M), Tabasco (US$1.97M), Estado de México (US$100k), and Tamaulipas (US$71.9k).

The countries with the most international sales to Mexico in 2023 were Colombia (US$1.91M), Argentina (US$1.62M), United States (US$1.53M), India (US$107k), and Puerto Rico (US$54.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks. 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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  • 0.0073%, Mexican share in global exports - 2022
  • 1.27%, Mexican share in global imports - 2022

The visualizations show the global market for Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks. 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 Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks were Turkey (US$263M), United States (US$171M), and Spain (US$74.7M). In the same year, the main importing countries for Natural Bitumens and Asphalts; Bituminous Shales and Sands; Asphaltites and Asphaltic Rocks were Egypt (US$208M), France (US$183M), and Canada (US$77.9M).