Nitric Acid; Sulphonitric Acids
Código 280800 (Harmonized System 2012 by 6 digits)
2023: US$5.01M, Total Trade Exchange
2023: US$151k, International Sales
2023: US$4.86M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Nitric Acid; Sulphonitric Acids was US$5.01M.
In 2023, the states with the most international sales in Nitric Acid; Sulphonitric Acids were Estado de México (US$112k).
The states with the most international purchases in 2023 were Baja California (US$365k), Estado de México (US$196k), and Nuevo León (US$147k).
In 2023, the main commercial destinations of Nitric Acid; Sulphonitric Acids were Costa Rica (US$49.6k), Nicaragua (US$21.9k), Peru (US$12.6k), Honduras (US$11.7k), and Uruguay (US$8.13k).
The main commercial origins of Nitric Acid; Sulphonitric Acids in 2023 were United States (US$555k), Canada (US$121k), Switzerland (US$21.8k), Germany (US$9.93k), and South Korea (US$855).
In the global context, the main exporting countries of Nitric Acid; Sulphonitric Acids in 2022 were South Korea (US$168M), Belgium (US$149M), and Germany (US$99.8M). In the same year, the main importing countries of Nitric Acid; Sulphonitric Acids were Germany (US$95.6M), France (US$66.3M), and Japan (US$52M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$5.01M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Nitric Acid; Sulphonitric Acids in Mexico (including international purchases and sales) was US$5.01M.
The visualizations show the net balance of Nitric Acid; Sulphonitric Acids 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$439k, International Purchases
In July 2024, international sales of Nitric Acid; Sulphonitric Acids were US$0, while international purchases reached US$439k. The above results in a trade balance of -US$439k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$112k, State with the Most International Sales (2023)
Costa Rica: US$49.6k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Nitric Acid; Sulphonitric Acids were Estado de México (US$112k).
In 2023, the countries with the most international purchases from Mexico were Costa Rica (US$49.6k), Nicaragua (US$21.9k), Peru (US$12.6k), Honduras (US$11.7k), and Uruguay (US$8.13k).
International Purchases
#permalink to sectionBaja California: US$365k, State with the Most International Purchases (2023)
United States: US$555k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Nitric Acid; Sulphonitric Acids were Baja California (US$365k), Estado de México (US$196k), and Nuevo León (US$147k).
The countries with the most international sales to Mexico in 2023 were United States (US$555k), Canada (US$121k), Switzerland (US$21.8k), Germany (US$9.93k), and South Korea (US$855).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Nitric Acid; Sulphonitric Acids and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Nitric Acid; Sulphonitric Acids. 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- 0.039%, Mexican share in global exports - 2022
- 0.77%, Mexican share in global imports - 2022
The visualizations show the global market for Nitric Acid; Sulphonitric Acids. 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 Nitric Acid; Sulphonitric Acids were South Korea (US$168M), Belgium (US$149M), and Germany (US$99.8M). In the same year, the main importing countries for Nitric Acid; Sulphonitric Acids were Germany (US$95.6M), France (US$66.3M), and Japan (US$52M).