Natural Rubber Latex, Incl. Pre-Vulcanized
Código 400110 (Harmonized System 2012 by 6 digits)
2023: US$33.2M, Total Trade Exchange
2023: US$796k, International Sales
2023: US$32.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Natural Rubber Latex, Incl. Pre-Vulcanized was US$33.2M.
In 2022, the states with the most international sales in Natural Rubber Latex, Incl. Pre-Vulcanized were Jalisco (US$237k).
The states with the most international purchases in 2023 were Jalisco (US$17.8M), Ciudad de México (US$4.37M), Puebla (US$4.37M), Estado de México (US$3.65M), and Guanajuato (US$780k).
In 2022, the main commercial destinations of Natural Rubber Latex, Incl. Pre-Vulcanized were Guatemala (US$218k), Colombia (US$18.7k), and United States (US$8).
The main commercial origins of Natural Rubber Latex, Incl. Pre-Vulcanized in 2023 were Guatemala (US$27.6M), Thailand (US$1.92M), Vietnam (US$819k), Malaysia (US$547k), and Indonesia (US$347k).
In the global context, the main exporting countries of Natural Rubber Latex, Incl. Pre-Vulcanized in 2022 were Thailand (US$1.47B), Vietnam (US$347M), and Cote d'Ivoire (US$320M). In the same year, the main importing countries of Natural Rubber Latex, Incl. Pre-Vulcanized were Malaysia (US$892M), China (US$778M), and United States (US$71.6M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$33.2M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Natural Rubber Latex, Incl. Pre-Vulcanized in Mexico (including international purchases and sales) was US$33.2M.
The visualizations show the net balance of Natural Rubber Latex, Incl. Pre-Vulcanized 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 sectionJuly, 2024: US$4M, International Purchases
In July 2024, international sales of Natural Rubber Latex, Incl. Pre-Vulcanized were US$0, while international purchases reached US$4M. The above results in a trade balance of -US$4M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$237k, State with the Most International Sales (2022)
Guatemala: US$218k, Main commercial destination (2022)
In 2022, the states with the highest international sales in Natural Rubber Latex, Incl. Pre-Vulcanized were Jalisco (US$237k).
In 2022, the countries with the most international purchases from Mexico were Guatemala (US$218k), Colombia (US$18.7k), and United States (US$8).
International Purchases
#permalink to sectionJalisco: US$17.8M, State with the Most International Purchases (2023)
Guatemala: US$27.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Natural Rubber Latex, Incl. Pre-Vulcanized were Jalisco (US$17.8M), Ciudad de México (US$4.37M), Puebla (US$4.37M), Estado de México (US$3.65M), and Guanajuato (US$780k).
The countries with the most international sales to Mexico in 2023 were Guatemala (US$27.6M), Thailand (US$1.92M), Vietnam (US$819k), Malaysia (US$547k), and Indonesia (US$347k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Natural Rubber Latex, Incl. Pre-Vulcanized and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Natural Rubber Latex, Incl. Pre-Vulcanized. 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- 0.04%, Mexican share in global exports - 2022
- 2.05%, Mexican share in global imports - 2022
The visualizations show the global market for Natural Rubber Latex, Incl. Pre-Vulcanized. 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 Rubber Latex, Incl. Pre-Vulcanized were Thailand (US$1.47B), Vietnam (US$347M), and Cote d'Ivoire (US$320M). In the same year, the main importing countries for Natural Rubber Latex, Incl. Pre-Vulcanized were Malaysia (US$892M), China (US$778M), and United States (US$71.6M).